Catylist ID: #30169484
Waterford Retail/Office Building For Sale
Retail-Commercial for SaleAlso listed as Office
|Catylist Listing ID:||30169484|
|Property Subtypes:||Mixed Use, Street Retail|
|Building Size (RSF):||2,440 SF|
|Gross Land Area:||0.27 Acres|
|Unit Price:||$143.03 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Purchase Money Mortgage|
Overview / Comments
* Former All State Insurance office.
* Rear of the office had a small garage, built for insurance adjusting. This space has since been converted to an office.
* Building is located on the south side of Highland Road (M-59), just one property east of Pontiac Lake Road.
* The property is adjacent to the Dunkin Donuts/Jersey Mike retail setting on the hard corner. Meijer's is located directly across the street.
* The drive-by numbers on Highland Road at this intersection are the most in north Oakland County.
* This investor building purchase opportunity. The current tenant pays $2900 per month NNN until its expiration December 31, 2019. The tenant has a 2 year renewal option.
* Once leasehold interest expires, it is an excellent owner/user opportunity, with the two or more years initial income stream.
Attachments & Media
|Retail Clientele:||General, Business|
|Largest Nearby Street:||Highland Road|
|Airports:||Oakland International Airport|
|Site Description:||Located in the center of Oakland County High traffic intersection of M-59 and Pontiac Lake Road Traffic count: 50,000+ cars per day|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Total Parking Spaces:||16|
|Proximity:||1 mile||3 miles||5 miles|
Philip A WojtowiczCORE Partners
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