For Sale $925,000
Property Type Retail - Street Retail
Property Size 5,200 SF
Units 2
Lot Size 0.27 Acre
Property Tenancy Multi-Tenant
Year Built 1997
Year Renovated 2016
Date Updated Mar 24, 2024

.Below Market Rent: Both tenants are paying below market rent, current market rent is $16.14/SF. Location: Right outside of downtown Wyandotte and across the street from the local high-school, the property is situated within walking distance from various restaurants, community venues and multiple medical establishments, including Henry Ford Hospital. New Roof & Structure: Recently re-sealed the roof and entire building renovated in 2016. Parking lot resurfaced in 2021. Rent Increases: Annual increases throughout base term and options of Wyandotte Pharmacy lease. Traffic Counts: Exceed 20,000+ Cars Daily on Eureka Rd. Service Based Tenants: Both tenants are service based in the medical sector

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

Below Market Rent: Both tenants are paying below market rent, current market rent is $16.14/SF.
Location: Right outside of downtown Wyandotte and across the street from the local high-school, the property is situated within walking distance from various restaurants, community venues and multiple medical establishments, including Henry Ford Hospital.
New Roof & Structure: Recently re-sealed the roof and entire building renovated in 2016. Parking lot resurfaced in 2021.
Rent Increases: Annual increases throughout base term and options of Wyandotte Pharmacy lease.
Traffic Counts: Exceed 20,000+ Cars Daily on Eureka Rd.
Service Based Tenants: Both tenants are service based in the medical sector