For Sale
$1,793,050
2479 Hill Rd Flint, MI 48507
High-yield Starbucks, prime location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 128
Highlights
- Newly constructed 2,289 SF Starbucks in Flint, MI on a 0.54-acre lot with drive-thru.
- 10-year net lease with four 5-year renewal options, corporately guaranteed by Starbucks (BBB+).
- $2/SF rent increases every five years.
- High visibility location on West Hill Road (16,400+ VPD), across from Meijer.
- 6.00% cap rate, $107,583 NOI, asking price $1,793,050 ($783.33/SF).
Property Details for 2479 Hill Rd
- Property type
- Retail properties
- Square Feet
- 2,289 SF
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 23,522 SF
- Units
- 1
Location Insight
- City
- Flint
- County
- Genesee
- State
- Michigan
- Latitude
- 42.9437179
- Longitude
- -83.7301865
2479 Hill Rd, Flint, Michigan
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield Starbucks, prime location.
- Where is the retail property located?
- The property is located at 2479 Hill Rd Flint, MI.
- What is the asking price?
- The asking price for this property is $1,793,050.
- What are key features of this property?
- This property features: Newly constructed 2,289 SF Starbucks in Flint, MI on a 0.54-acre lot with drive-thru.; 10-year net lease with four 5-year renewal options, corporately guaranteed by Starbucks (BBB+).; $2/SF rent increases every five years.
- How can I contact the broker?
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