Listed by NAI Farbman Southfield, NAI Farbman
$400,000
19000 W. Warren Avenue
Details
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 2,562
Units 1
Cap Rate 8.70%
NOI $34,800
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Term 3
Remaining Term 3
Lease Options Yes
Class B
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.220
Zoning B4
Parking Spaces 20 spaces
Parking Per SqFt 7.81
Investment Type Net Lease
Ground Lease No
Operating Supermarket/Convenient Store For Sale
Investment highlights
Retail Building For Sale - Supermarket/Convenient Store Tenant Occupies the Space
Brand New Mechanicals
3 years remaining on the lease with options
On-Site Parking!
Located on W. Warren between Evergreen and Southfield Fwy
Listing Contacts
Listed by NAI Farbman Southfield, NAI Farbman
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$34,800.00
$2,900.00/mo
Valuation Metrics
0
DSCR
8.7%
Cap Rate
8.7%
ROI
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