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20720310
20720311

3967 Vernor Hwy, Detroit, MI 48216

AK
MI 404702
Keller Williams Legacy
Listed by Keller Williams Legacy
$1,000,000
540 days on market
Updated 41 days ago

Lupita Plaza

Details
Property Type Mixed Use
Sub Type sale
Square Footage 5,888
Net Rentable (SqFt) 5,888
Units 4
Cap Rate 10.00%
NOI $10,000
Occupancy 100%
Tenancy Multi
Lease Term 2
Lease Expiration 11/11/2026
Remaining Term 2
Price per SqFt $170
Year Built 2012
Buildings 1
Stories 1
Zoning commercial
Parking Spaces 18 spaces
Parking Per SqFt 3.06
Investment Type Net Lease
Lease Commencement 11/11/2024
Occupancy Date 11/11/2024
Sale Condition For sale by owner

Lupita Plaza

Marketing description

A Prime commercial property featuring a well-maintained 4 unit building with a total of 5,888 square feet, ideal for mixed use retail and office space in high traffic location. Each unit offers ample natural light, flexible layouts, and onsite parking. Conveniently situated near major highways and public transportation.

Listing Contacts

AK
MI 404702
Keller Williams Legacy
Listed by Keller Williams Legacy

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$10,000.00
$833.33/mo

Valuation Metrics

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DSCR
1%
Cap Rate
1%
ROI

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Additional Information

Name
Amanda Khoury
License
404702
Brokerage
Keller Williams kegacy
Brokerage Phone
3135595089
Brokerage Address
22371 West Village Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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