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4577 Miller Rd
Flint, MI 48507

Art Van Furniture · Retail Property For Sale

Investment Highlights

  • Phenomenal Performing Location
  • Approximately 17.6 Years Remaining
  • Art Van Furniture has been Successfully Operating for Nearly 60 Years
  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Corporate Guarantee
  • Brand Produces High Quality Furniture at Affordable Prices

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
56,578 SF
Building Class
C
Year Built
1974
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.36
Lot Size
3.56 AC
Zoning
C
Parking
132 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
300 FT on Miller Rd

Amenities

  • Pylon Sign

About 4577 Miller Rd , Flint, MI 48507

The Art Van Furniture property is situated on Miller Road, which boasts average daily traffic counts of 33,000 vehicles. Miller Road intersects and serves as an access road to Interstate 75 and Interstate 69, which bring an additional 90,700 and 84,000 vehicles, respectively, into the immediate area. There are more than 24,500 individuals residing within a three-mile radius of the property and more than 92,000 individuals within a five-mile radius of the property. The subject property benefits from being well-positioned in a very dense retail corridor consisting of national and local tenants, academic institutions and shopping centers all within close proximity of this property. Major national tenants in the area include: Target, Best Buy, Hobby Lobby, Kohl’s, Macy’s, Burlington, Office Depot, Barnes & Noble, Sears, Pet Smart, J.C. Penney as well as many others. Genesee Valley Center is located directly across the street from the subject property. It features 125 stores in over 1.3 million square feet, and a 65,000 square feet outdoor shopping village. The subject property also benefits from its close proximity to several academic institutions. Most notable and only six-miles from the subject property is The University of Michigan-Flint, home to more than 8,000 students. Kettering University, also in the immediate area, has a total enrollment of roughly 2,000 students. Flint is the largest city in, and county seat of Genesee County, Michigan, United States. Located along the Flint River, 66 miles northwest of Detroit, it is a principal city within the region known as Mid Michigan. According to the 2010 census, Flint has a population of nearly 105,000 people, making it the seventh largest city in Michigan. The Flint metropolitan area is located entirely within Genesee County. Since its incorporation in 1855 the city has grown to be the center of the fourth largest metropolitan area in Michigan with a population of approximately 426,000. Flint has a history with strong ties to the automotive industry including being the home of the Flint Sit-Down Strike of 1936-1937, which played a vital role in the formation of the United Auto Workers. Today, Flint is home to numerous attractions, bringing people from all over the country to the city each year.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-28-552-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,849,000
  • Listing ID: 17391149

  • Date on Market: 10/7/2019

  • Last Updated:

  • Address: 4577 Miller Rd, Flint, MI 48507

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