8680 Grand River Ave, Brighton, MI 48116
4,037 SF | Retail Building | Brighton, MI 48116 | $6,400,000 ($1,585/SF) | 6.25% Cap Rate
For Sale
Active
Asking Price $6,400,000
- Property Type
-
Retail
- Square Feet
- 4,037 SF
- Price / Square Foot
- $1,585
Listing Contacts
Vincent Pipia
- Property Info
Property Overview
-100% Occupied by Free Standing El Car Wash
-Corporate Guarantee | 40+ Locations | Majority Owned by Warburg Pincus
-Existing Locations Among Strongest Performing Units in The Nation
-Operating On a 20-Year Absolute NNN Lease | Leaving Zero Landlord Responsibilities
-Sale Lease Back | 20-Year Lease to Commence Upon Closing of Escrow
-2% Annual Rental Increases
-Build To Suit | Construction to Be Complete and Rent Commencing by September 2024
-Pad Site of Very High Performing Meijer
-Large Parcel | 1.73 Acre Site
-Wealthy Trade Area | Average Household Income Exceeding $120,700 Within a 5 Mile Radius
-Densely Populated Trade Area with Over 183,360 Residents Within 10 Miles
-High Traffic Counts | Grand River Ave (22,500 CPD) | Just Off I-96 (88,200 CPD)
-Surrounded by Many National Retailers
-Corporate Guarantee | 40+ Locations | Majority Owned by Warburg Pincus
-Existing Locations Among Strongest Performing Units in The Nation
-Operating On a 20-Year Absolute NNN Lease | Leaving Zero Landlord Responsibilities
-Sale Lease Back | 20-Year Lease to Commence Upon Closing of Escrow
-2% Annual Rental Increases
-Build To Suit | Construction to Be Complete and Rent Commencing by September 2024
-Pad Site of Very High Performing Meijer
-Large Parcel | 1.73 Acre Site
-Wealthy Trade Area | Average Household Income Exceeding $120,700 Within a 5 Mile Radius
-Densely Populated Trade Area with Over 183,360 Residents Within 10 Miles
-High Traffic Counts | Grand River Ave (22,500 CPD) | Just Off I-96 (88,200 CPD)
-Surrounded by Many National Retailers
Property Details
- Class
- C
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 75,359 SF
All available spaces
- Space
- 1st Floor
- Size
- 5,718 SF
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