Freestanding Retail for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30135936
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 12,188 SF
Gross Building Area: See Agent
Sale Price: $1,125,000
Unit Price: $92.30 PSF
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/23/2017

Overview / Comments

The subject is available for sale or lease with up to 8,000 Sq. Ft. of continuous space that is move in ready! Currently, Outdoor Action occupies the remaining 4,188 Square Feet. The building is situated on 0.64 acres and totals 12,188 Square Feet. The subject is located on Orchard Lake Road, a main thoroughfare, seeing 29,000 vehicles passing daily. The property has great visibility, access, and benefits from the dense surrounding retail, office, and residential population. The building is very well maintained and recently renovated.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Pontiac
Tax ID/APN: 1801267007
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Orchard Lake & Middlebelt
Property Visibility: Excellent
Feet of Frontage: 140
Traffic/Vehicle Count: 29,000
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1963
Roof Type: Flat
Construction/Siding: Brick
Total Parking Spaces: 25
Parking Type: Surface
Lot Depth: 200

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,283 77,643 198,956
Median Age: 40.86 39.49 40.28
Households: 3,304 30,558 77,954
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