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1025 Middlebelt Rd

2,500 SF Retail Building Inkster, MI 48141 £361,164 (£144/SF) 6.37% Net Initial Yield

Investment Highlights

  • Long-term single tenant that has been operating for nearly 15 years at this same location.
  • Low maintenance with this single tenant property, where the tenant is responsible for operating and maintaining the site.
  • Located on a hard corner, with a light at the intersection.

Executive Summary

1025 Middlebelt Road in Inkster, Michigan is a 2,500 SF Retail/Restaurant Building Located on a hard corner, with a light at the intersection, any investor will take advantage of high visibility and maximize the potential for success. This property offers investors the stability of a long-term single tenant that has been operating for nearly 15 years at this same location. There is very low maintenance with this single tenant property, where the tenant is responsible for operating and maintaining the site, while an investor can enjoy a more hands-off approach.

Attachments

Inkster - Papa's Pizza (Marketing Package)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
C
Year Built
1978
Price
£361,164
Price Per SF
£144
Net Initial Yield
6.37%
NOI
£22,990
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
0.46 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1 - Commercial
Parking
16 Spaces (6.4 Spaces per 1,000 SF Leased)
Frontage
159 ft on Middlebelt Rd

Amenities

  • Pylon Sign
  • Signage
  • Signalised Intersection
1 of 1
1025 Middlebelt Rd, Inkster, MI - aerial map view

Nearby Major Retailers

Chase Bank
Tim Hortons

PROPERTY TAXES

Parcel Number 44-005-01-0001-001 Improvements Assessment £0
Land Assessment £0 Total Assessment £59,235

PROPERTY TAXES

Parcel Number
44-005-01-0001-001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£59,235
(248) 538-2000 x4

Contacts

  • Listing ID: 32248175

  • Date on Market: 25/06/2024

  • Last Updated:

  • Address: 1025 Middlebelt Rd, Inkster, MI 48141

The Retail Property at 1025 Middlebelt Rd, Inkster, MI 48141 is currently available for sale. Contact CMP Real Estate Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

Nearby Listings

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1025 Middlebelt Rd, Inkster, MI for sale Building Photo- Image 1 of 4
Building photo
1025 Middlebelt Rd, Inkster, MI for sale Other- Image 2 of 4
Signage
1025 Middlebelt Rd, Inkster, MI for sale Aerial- Image 3 of 4
Site Map

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© 2024 CoStar Group

1025 Middlebelt Rd
(248) 538-2000 x 4

1025 Middlebelt Rd

1/2

Lance Numan

(248) 538-2000

x4

(248) 538-2000 x4

Anthony Sesi

(248) 225-0105

(248) 225-0105

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