20121 W McNichols Rd | Detroit, MI 48219
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20121 W McNichols Rd
Detroit, MI 48219
Citgo · Retail Property For Sale
Investment Highlights
- Major upside potential
Executive Summary
Detroit Gas Stations For Sale | 5 Locations
Properties can be purchased individually or as a package
Ideal for either investment or owner/operator
8 pumps per location
Major upside potential | Limited supply of gas stations in immediate market area
Opportunity to acquire a critical mass of well-positioned stations with long records of profitability
Each station positioned on corner lots in close proximity to nearby expressways
Mix of creditworthy franchisees | Clark, Metro PCS, Citgo, BP
Traditional service station amenities | Convenience store, 24-hour access, ATM, onsite parking
Properties can be purchased individually or as a package
Ideal for either investment or owner/operator
8 pumps per location
Major upside potential | Limited supply of gas stations in immediate market area
Opportunity to acquire a critical mass of well-positioned stations with long records of profitability
Each station positioned on corner lots in close proximity to nearby expressways
Mix of creditworthy franchisees | Clark, Metro PCS, Citgo, BP
Traditional service station amenities | Convenience store, 24-hour access, ATM, onsite parking
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
2,630 SF
Building Class
C
Year Built
1966
Price
£586,838
Price Per SF
£223
Net Initial Yield
3.70%
NOI
£21,729
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Lot Size
0.30 AC
Zoning
B4 - General Business District
Frontage
202 ft on W McNichols Rd
PROPERTY TAXES
| Parcel Number | 22-01330-918 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £104,066 |
PROPERTY TAXES
Parcel Number
22-01330-918
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£104,066
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