For Sale
$250,000
19615 Plymouth Rd Detroit, MI 48223
High-performing Subway, 5-year lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 137
Highlights
- Thriving Subway franchise in Detroit, MI, generating $17,150 annual NOI.
- 1,828 SF building on a 0.24-acre lot, built in 1973.
- $250,000 asking price, $136.76/SF, 6.86% cap rate.
- Net Net (NN) lease with five years remaining, 100% occupancy.
- Located in a high-density area with 390,187 people within a five-mile radius.
Property Details for 19615 Plymouth Rd
- Property type
- Retail properties
- Square Feet
- 1,828 SF
- Year Built
- 1973
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 10,454 SF
Location Insight
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3962815
- Longitude
- -83.2452478
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-performing Subway, 5-year lease.
- Where is the retail property located?
- The property is located at 19615 Plymouth Rd Detroit, MI.
- What is the asking price?
- The asking price for this property is $250,000.
- What are key features of this property?
- This property features: Thriving Subway franchise in Detroit, MI, generating $17,150 annual NOI.; 1,828 SF building on a 0.24-acre lot, built in 1973.; $250,000 asking price, $136.76/SF, 6.86% cap rate.
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