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18915-19005 Telegraph Rd
Detroit, MI 48219

SJR Mall · Retail Property For Sale

Investment Highlights

  • heavy trafffic. low crime area. very nice tenants

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
22,000 SF
Building Class
C
Year Built
1990
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
1.50 AC
Zoning
B-4
Parking
50 Spaces (1 Space per 1,000 SF Leased)
Frontage
564 FT on Telegraph Rd

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Signage

About 18915-19005 Telegraph Rd , Detroit, MI 48219

Very high traffic area. Total of 14 stores. Only one vacancy. Most tenants have been there for many years. Some longer than I owned it. (bought in 2001). One tenant just rented a second store because he was doing so well in the first location. Very nice tenants. Nice group of people to work with. We allow new tenants to do short term leases (1 year) to see whether it will be a good fit for them. Those interested in purchase figures need to contact us at bottom of the page. Only qualified buyers . Very good , stable, income. We are trying to retire and want to stop working, or we would keep it. Great return on your investment. Only one vacancy, and we have not pushed rental of it. 10% cap rate, with it. without vacancy 8% Solid tenant base

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-12254-462
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$813,500
  • Listing ID: 19221270

  • Date on Market: 4/14/2020

  • Last Updated:

  • Address: 18915-19005 Telegraph Rd, Detroit, MI 48219

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