Absolute NNN Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30599194
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 6,315 SF
Gross Land Area: 1.64 Acres
Sale Price: $3,342,857
Unit Price: $529.35 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Famous Dave's
Usable Size (USF): 6,315 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2020

Overview / Comments

High volume Famous Dave’s location with 9+ years left on the initial 10 year term.
Famous Dave’s Corporate signed lease with ZERO Landlord responsibilities. Site is ¼ of mile from the I-69/I-75 Interchange. GM Flint Engine plant and the GM CCA
Parts plant are both within ½ of a mile of this location.

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: Flint Township
Tax ID/APN: 07-27-100-004 &032
Zoning: COMMERCIAL
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation
Property Visibility: Good
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,315 SF
Property Condition: Good
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,664 53,274 151,385
Median Age: 40.99 38.45 36.87
Households: 2,055 22,212 61,620
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.