Listed by Marcus & Millichap - Indianapolis
$1,476,230
Huntington Bank
Details
Property Type Retail
Sub Type Bank
Square Footage 1,639
Net Rentable (SqFt) 1,639
Units 1
Cap Rate 6.50%
NOI $96,000
Tenancy Single
Brand/Tenant Huntington Bank
Lease Type NNN
Lease Term 5
Lease Expiration 12/31/2028
Remaining Term 2.5
Rent Bumps Yes
Price per SqFt $351
Class A
Year Built 2000
Acreage 1.720
Zoning Commercial
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Sale Condition N/A
Retail | 6.50% CAP | 1,639 SqFt
Marketing description
- Investment-Grade Regional Banking Tenant | Corporately Guaranteed NNN Lease | Across from Walmart Supercenter
- Well-Established Tenant – Huntington Bank has Operated from This Location for Over 20 Years | Indicates Strong Site Performance and Long-Term Commitment to the Trade Area | This Location Ranks in the Top 22% of Banks & Financial Services in Michigan in Foot Traffic per Placer.ai
- Huntington Bank Operates 1,400+ Locations in 21 States, with 2025 Revenue of $18 Billion and $285 Billion in Assets | NASDAQ: HBAN | This Location has $151+ Million in Bank Deposits
- Excellent Visibility from Silver Parkway (16,658 VPD) | Situated Just North of Owen Road, a Major East-West Corridor in Fenton | Less than One Mile from the Intersection of Owen Road and US-23 with a Combined VPD of 75,321
- Location Benefits from High Consumer Draw and Established Retail Ecosystem | Across the Street from Walmart Supercenter with 2.2 Million Visitors per Year (Placer.ai) | Adjacent to Silver Pointe Shopping Mall with Old Navy, Five Below, TJ Maxx, Sketchers, Dunham's Sports, Bath & Bodyworks, Crumbl, The UPS Store, and More
- Surrounded by National Retailers – Panera Bread, Burger King, Michaels, Home Depot, Comfort Inn, Dodge-Jeep-Ram, Texas Roadhouse, Discount Tire, Arby's, Tim Hortons, McDonald's, Culver's, KFC, Planet Fitness, and More
- Fenton is part of the Detroit, MI MSA with 4.3 Million Residents | Fenton is an Affluent Bedroom Community for Detroit and Flint with Average Household Income in a Five-Mile Radius of $123,195
Investment highlights
- Investment-Grade Regional Banking Tenant | Corporately Guaranteed NNN Lease | Across from Walmart Supercenter
- Well-Established Tenant – Huntington Bank has Operated from This Location for Over 20 Years | Indicates Strong Site Performance and Long-Term Commitment to the Trade Area | This Location Ranks in the Top 22% of Banks & Financial Services in Michigan in Foot Traffic per Placer.ai
- Huntington Bank Operates 1,400+ Locations in 21 States, with 2025 Revenue of $18 Billion and $285 Billion in Assets | NASDAQ: HBAN | This Location has $151+ Million in Bank Deposits
- Excellent Visibility from Silver Parkway (16,658 VPD) | Situated Just North of Owen Road, a Major East-West Corridor in Fenton | Less than One Mile from the Intersection of Owen Road and US-23 with a Combined VPD of 75,321
- Location Benefits from High Consumer Draw and Established Retail Ecosystem | Across the Street from Walmart Supercenter with 2.2 Million Visitors per Year (Placer.ai) | Adjacent to Silver Pointe Shopping Mall with Old Navy, Five Below, TJ Maxx, Sketchers, Dunham's Sports, Bath & Bodyworks, Crumbl, The UPS Store, and More
- Surrounded by National Retailers – Panera Bread, Burger King, Michaels, Home Depot, Comfort Inn, Dodge-Jeep-Ram, Texas Roadhouse, Discount Tire, Arby's, Tim Hortons, McDonald's, Culver's, KFC, Planet Fitness, and More
- Fenton is part of the Detroit, MI MSA with 4.3 Million Residents | Fenton is an Affluent Bedroom Community for Detroit and Flint with Average Household Income in a Five-Mile Radius of $123,195
Listing Contacts
Listed by Marcus & Millichap - Indianapolis
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$96,000.00
$8,000.00/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Map
Zoning
GBD CommercialGeneral CommercialGeneral Business District
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View all 52 uses Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics
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