2905 Washtenaw

Retail-Commercial for Sale
Catylist Listing ID: 30278885
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 34,716 SF
Gross Building Area: See Agent
Sale Price: $6,000,000
Unit Price: $172.83 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/20/2019

Overview / Comments

Property includes a Grocery store and a restaurant both businesses have been sold and the current owners have signed 10-year leases. Total income is $312,000.00 on a NNN basis. The site consists of multiple parcels totaling 7 +/- acres with over 400 feet of frontage on Washtenaw Ave. Square footage amount is the total of both buildings. Please contact Hody List for further information 734-223-8179.

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Tax ID/APN: K1106350026
Retail Clientele: General
Property Visibility: Good
Feet of Frontage: 435
Traffic/Vehicle Count: 24,963
Highway Access: US 23
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 2008
Construction/Siding: Brick
Parking Type: Surface
Lot Frontage: 435
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,433 74,319 200,365
Median Age: 31.47 33.8 32.86
Households: 7,448 31,998 81,119

Contact

Photograph of Listing Agent

John Arndt

Howard Hanna Real Estate Services
CPIX Member
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