Franchise location

Retail-Commercial for Sale
Catylist Listing ID: 30402001
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 4,488 SF
Gross Land Area: 0.76 - 78 Acres
Sale Price: $450,000 - 475,000
Unit Price: $100.27 - 105.84 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/14/2019

Overview / Comments

4488 square foot stand alone building with drive up window. Building was constructed as location for Krispy Kreme franchise . Latest use was Verizon retail outlet. Large display area with possibility to convert to franchise retail or restaurant uses. Loading door off rear. 129 of road frontage and depth of 260. Location is on busy Corunna Road near Linden Road immediately near to Sam's, Walmart Home Depot and other franchise uses. State Police Post is nearby.

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: Flint Township
Tax ID/APN: 0721100023
Retail Clientele: General, Business
Property Located Between: Linden Road and Dutcher
Property Visibility: Excellent
Largest Nearby Street: Linden Road
Feet of Frontage: 129
Highway Access: M-21 aka Corunna Road.
Airports: Bishop Airport.
Site Description: Rectangular site on busy road
Area Description: Heavy commercialized area with big box stores, franchises pharmacies , auto dealerships, petroleum stations, retail centers including nearby Genesee Valley Mall.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,488 SF
Property Condition: Good
Year Built: 2003
Roof Type: Flat
Construction/Siding: Other
Exterior Description: One story stand alone building.
Total Parking Spaces: 20
Parking Type: Surface
Parking Description: Open flat parking
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Open retail. Rear delivery and storage room with loading door.ADA compliant with barrier free bathrooms.
Zoning Description: General Commercial
Lot Frontage: 129
Lot Depth: 260
Water Service: Municipal
Sewer Type: Municipal
Legal Description: A POL 982.94 ft frm nw cr of Sec 21 Th E 129.34" th S 260" th W 129.34' the n 260' to pob.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,166 54,116 148,999
Median Age: 45.6 37.32 37.57
Households: 2,010 22,043 60,413


Photograph of Listing Agent

John Snyder

John "Biff" Snyder & Assoc.
CPIX Member
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