1301 W 14 Mile Rd | Clawson, MI 48017
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1301 W 14 Mile Rd
Clawson, MI 48017
Rite Aid | Ground Lease | Absolute NNN · Retail Property For Sale
Investment Highlights
- Absolute NNN Ground Lease | ZERO Landlord Responsibilities
- Rite Aid Executed an Early 10 Year Lease Renewal in April 2022 -Exhibits a Strong Commitment to the Location
- Lease is Equipped with Four, Five Year Options to Renew with Increase in Each
- Rite Aid Corporately Guaranteed Lease
- Rite Aid Recently Refreshed Exterior Signage at their Cost
- Strategically Located Near the Signalized, Hard Corner Intersectionof W. 14 Mile Road and Crooks Road with a Combined 47,500 Vehicles Passing by Daily
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,564 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.33
Lot Size
1.01 AC
Zoning
BI
Parking
32 Spaces (2.2 Spaces per 1,000 SF Leased)
Frontage
114 FT on 14 Mile Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $1,438,670 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,438,670
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