About This Restaurant
Investment Highlights
Tenant has 20-year lease at $4,583 per month with increases and four (4) 5-year extensions, which sits on Parcel A. Sale Price: $1,250,000 ($930.06/sq ft). Parcel B is 1.15 acres (141' frontage).
Executive Summary
Tenant has 20-year lease at $4,583 per month with increases and four (4) 5-year extensions, which sits on Parcel A. Parcel B is 1.15 acres (141' frontage). See survey on flyer.
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Fast Food
- Building Size 1,344
- Building Class C
- Year Built 2013
- Price 1,250,000
- Price Per SF 930
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.02
- Land Acres 1.94 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Taxes
Parcel Number | 17-000735-001 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $161,100 |
Date Created: | 2024-07-16 04:16:18 | Last Updated: | 2024-07-16 04:16:18 |
Address: | 10533 Gratiot Ave , Detroit, Michigan, 48213 |