5071 N. Dixie

Retail-Commercial for Sale
Catylist Listing ID: 30394286
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 7,216 SF
Gross Land Area: 1.45 Acres
Sale Price: $498,900
Unit Price: $69.14 PSF
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Building Name: 5071
Usable Size (USF): 7,216 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 65
Last Updated: 3/14/2019

Overview / Comments

Attractive mixed use strip center on the corner of N. Dixie and Williams Rd. Property is on a 1.5 acre site with ingress and egress from N. Dixie and Williams Rd. Great opportunity for an end user or investor. This property has been well maintained and has great curb appeal. Main building is 6.040 sq. ft. and corner building is 1,176 sq. ft. Ideal for a user that would occupy space and let the tenants cover debt service.

Additional Details

Nearest MSA: Monroe
County: Monroe
Submarket/Township: Monroe County
Tax ID/APN: 07-531-086-00
Retail Clientele: General, Business
Property Located Between: Corner of N. Dixie Hwy and Williams Rd
Property Visibility: Excellent
Largest Nearby Street: N. Dixie Hwy
Highway Access: N. Dixie to Nadeau Rd to I-75
Airports: Monroe, Detroit Metro
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Typical SF / Floor: 850 SF
Property Condition: Excellent
Year Built: 2002
Roof Type: Gable
Construction/Siding: Block, Brick
Exterior Description: Brick & Block
Total Parking Spaces: 40
Parking Type: Surface
Parking Description: Asphalt
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Drywall, suspended ceiling decorated by tenants
Zoning Description: C-2 Commercial
Lot Frontage: 236'
Lot Depth: 283
Water Service: Municipal
Sewer Type: Municipal, Storm
Easements: Ingress/Egress, Utilities
Easements Description: Utilities
Land Ownership: Corporation
Legal Description: COM AT INT CLS DIXIE HWY & WILLIAMS ST, TH N 38 DEG W 288.05 FT, TH S 51 DEG 19'W 236.65 FT, TH S 38 DEG E 283.10 FT, TH N 52 DEG 26'E 236.64 FT TO POB, BEING A PT OF BLK 133 OF PLAT OF THE VILLAGE OF BREST DESCRIPTION FOR TAXATION PURPOSES ONLY

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,819 10,114 34,338
Median Age: 38.32 38.23 38.12
Households: 1,388 3,767 13,076

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