Clark | 19444 Schoolcraft Ave
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Clark 19444 Schoolcraft Ave
1,552 SF Retail Building Detroit, MI 48223 $725,000 ($467/SF) 4.94% Cap Rate
Investment Highlights
- Major upside potential
Executive Summary
Detroit Gas Stations For Sale | 5 Locations
Properties can be purchased individually or as a package
Ideal for either investment or owner/operator
8 pumps per location
Major upside potential | Limited supply of gas stations in immediate market area
Opportunity to acquire a critical mass of well-positioned stations with long records of profitability
Each station positioned on corner lots in close proximity to nearby expressways
Mix of creditworthy franchisees | Clark, Metro PCS, Citgo, BP
Traditional service station amenities | Convenience store, 24-hour access, ATM, onsite parking
Properties can be purchased individually or as a package
Ideal for either investment or owner/operator
8 pumps per location
Major upside potential | Limited supply of gas stations in immediate market area
Opportunity to acquire a critical mass of well-positioned stations with long records of profitability
Each station positioned on corner lots in close proximity to nearby expressways
Mix of creditworthy franchisees | Clark, Metro PCS, Citgo, BP
Traditional service station amenities | Convenience store, 24-hour access, ATM, onsite parking
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
1,552 SF
Building Class
C
Year Built/Renovated
1987/2005
Price
$725,000
Price Per SF
$467
Cap Rate
4.94%
NOI
$35,815
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.62 AC
Zoning
B4 - General Business District
Parking
15 Spaces (9.66 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 22-00958-698 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $113,000 |
PROPERTY TAXES
Parcel Number
22-00958-698
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$113,000
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Clark | 19444 Schoolcraft Ave
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