33030 Northwestern Hwy | West Bloomfield, MI 48322
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33030 Northwestern Hwy
West Bloomfield, MI 48322
Retail Property For Sale
Investment Highlights
- 3,500 +/- SF FREESTANDING RETAIL BUILDING | CURRENT TENANT PAYING $48,000 ANNUAL RENT
- HISTORIC BUILDING BUILT IN 1882 | RECENT RENOVATIONS | HIGH VISIBILITY & FRONTAGE ON NORTHWESTERN HWY (M-10)
- (1) 5-YEAR OPTION | RENT INCREASES TO $13.50 PSF | FEE SIMPLE ASSET | OFFERED FREE & CLEAR OF DEBT
- TENANT PAYING WELL BELOW MARKET RENT AT $12 PSF | MINIMAL LANDLORD RESPONSIBILITIES | LOW-RISK
- BUSY NORTHWESTERN HWY | FEATURES 47,000+ VPD | NORTHWESTERN HWY TURNS INTO JOHN C LODGE FREEWAY
- PROPERTY FEATURES LARGE EXTERIOR SIGNAGE | SUPERB AND GROWING DEMOS | 297k PEOPLE IN 5 MILES
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built/Renovated
1882/2012
Price
$1,150,000
Price Per SF
$329
Tenancy
Single
Building Height
2 Stories
Building FAR
0.31
Lot Size
0.26 AC
Zoning
B-3
Parking
12 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
42 FT on Northwestern Hwy
Amenities
- Bus Line
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 18-35-301-034 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $261,040 |
PROPERTY TAXES
Parcel Number
18-35-301-034
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$261,040
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