Absolute NNN Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30599188
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 6,613 SF
Gross Land Area: 3.12 Acres
Sale Price: $3,214,000
Unit Price: $486.01 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Famous Dave's
Usable Size (USF): 6,613 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2020

Overview / Comments

Fantastic Famous Dave’s location with 9+ years left on the initial 10 year term of the lease Famous Dave’s Corporate signed lease with ZERO landlord responsibilities. Site is located Directly across the street from Walmart Supercenter and Sam’s Club. Cabela’s, Target, Meijer, Etc. are all within ½ a mile of this location.

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Township of Kochville
Tax ID/APN: 18-13-4-1008-014
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Good
Traffic/Vehicle Count: 22,600
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,613 SF
Property Condition: Good
Year Built: 2004
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: 3 miles 5 miles
Total Population: 33,138 90,384
Median Age: 38.18 38.31
Households: 12,680 36,249
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.