5700 Allen Rd | Allen Park, MI 48101
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- LoopNet Team
5700 Allen Rd
Allen Park, MI 48101
Dollar General | 15,300 Pop. in One Mile · Retail Property For Sale
Investment Highlights
- Dollar General Double-Net Lease with 6 Years Remaining in Infill Suburban Detroit (Allen Park, MI)
- Five-Year Extension Exercised Over Four Yrs in Advance of Initial Lease Expiration at 5% Increase in Rent Demonstrating Strong Commitment to the Site
- E-Commerce Resistant, Recession-Proof, and Pandemic-Proof Business Model – Stayed Open and Paying Rent During COVID Shutdowns
- Extremely Dense Infill Location Along Major Arterial with 15,300 Residents within a One- Mile Radius; Middle-Income Demos with $78K AHHI
- Located Just Two Blocks North of Southfield Road (58,000 VPD) on Allen Road (14,000 VPD) – 72,000 VPD at Intersection
- Located at Signalized Intersection w/ Two Points of Ingress/Egress on to both Allen Rd & Horger Ave, Easy Accessibility with Dedicated Turning Lane
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,593 SF
Building Class
C
Year Built/Renovated
1984/2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.36
Lot Size
0.62 AC
Zoning
C-2
Parking
33 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 30-008-01-0036-300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $356,600 |
PROPERTY TAXES
Parcel Number
30-008-01-0036-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$356,600
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