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18400-18490 Livernois Ave
Detroit, MI 48221
Livernois Square Medical Plaza · Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Value Add Opportunity
- Off street parking
- Located on main retial/business street
Résumé de l'annonce
18400 Livernois Avenue | Detroit, MI 48221
FOR SALE – $4,000,000
Investment and value-add retail opportunity along Detroit’s established Livernois Avenue corridor. Serious Motivated seller. The property is offered for sale at $4,000,000 that is negoitable. Anchored by Fresenius Kidney Care for over 20years, providing an established healthcare tenant and existing income stream.
The property also offers up to approximately 6,000 SF of vacant commercial space, creating an opportunity for an investor to increase occupancy and income through lease-up. The available space may accommodate one larger tenant or potentially be divided for multiple retail, medical, professional service, restaurant, fitness, or neighborhood-serving users.
Located on Livernois between Puritan Avenue and Eight Mile Road, the property serves northwest Detroit and the surrounding University District, Palmer Woods and Sherwood Forest neighborhoods.
Investment Highlights
Asking Price: $4,000,000
Fresenius Kidney Care as the primary tenant occupies 9,600 sq ft. NNN
Existing income with additional value-add potential
Up to ±6,000 SF of vacant space
Opportunity to increase NOI through lease-up
Prominent Livernois Avenue location and visibility
Suitable for investor, 1031 exchange or value-add acquisition
FOR SALE – $4,000,000
Investment and value-add retail opportunity along Detroit’s established Livernois Avenue corridor. Serious Motivated seller. The property is offered for sale at $4,000,000 that is negoitable. Anchored by Fresenius Kidney Care for over 20years, providing an established healthcare tenant and existing income stream.
The property also offers up to approximately 6,000 SF of vacant commercial space, creating an opportunity for an investor to increase occupancy and income through lease-up. The available space may accommodate one larger tenant or potentially be divided for multiple retail, medical, professional service, restaurant, fitness, or neighborhood-serving users.
Located on Livernois between Puritan Avenue and Eight Mile Road, the property serves northwest Detroit and the surrounding University District, Palmer Woods and Sherwood Forest neighborhoods.
Investment Highlights
Asking Price: $4,000,000
Fresenius Kidney Care as the primary tenant occupies 9,600 sq ft. NNN
Existing income with additional value-add potential
Up to ±6,000 SF of vacant space
Opportunity to increase NOI through lease-up
Prominent Livernois Avenue location and visibility
Suitable for investor, 1031 exchange or value-add acquisition
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Condition de vente
Propriété à inoccupation élevée
Type de propriété
Commerce de détail
Taille du bâtiment
16 480 pi²
Classe d’immeuble
B
Année de construction
1996
Prix
5 559 960 $ CAD
Prix par pi²
337,38 $ CAD
Taux de capitalisation
5,30%
Revenu net d’exploitation
294 633 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,34
Taille du lot
1,11 AC
Zonage
B2
Stationnement
60 places (3,64 places par 1 000 pi² loué)
Façade
Impôts fonciers
| Numéro de lot | 02-00436-786 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 708 617 $ CAD |
Impôts fonciers
Numéro de lot
02-00436-786
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
708 617 $ CAD
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