1484 Coolidge Hwy
Troy, MI 48084
Brand New 15 Year NNN | Panera Bread · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Relocation Store From In-Line Space Within theMarket to Panera's New Drive Thru Concept.
- Brand New 15 Year Initial Term - Equipped with 10%Rental Escalations Every 5 Years.
- Troy Michigan One of the Most Sought-after Marketsin Oakland County: Population Exceeds 10,375 Withina 1 Mile Radius.
- Absolute NNN Lease - Zero Landlord ObligationsWhatsoever.
- Corporate Backed Guarantee - Panera, LLC.
- Average Household Income: $101,177 Within a 1 and3 Mile Radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
4,510 SF
Building Class
B
Year Built
2006
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
2.01 AC
Zoning
M-1
Parking
16 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
127 ft on Coolidge Hwy
AMENITIES
- Pylon Sign
- Drive Thru
PROPERTY TAXES
| Parcel Number | 20-32-101-025 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £593,700 |
