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35000 W Warren Rd
Westland, MI 48185
Kohl's Ground Lease w/over 11 Years Remaining · Commerce de détail Propriété À vendre
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- Kohl’s recently renovated in 2021, showcasing its commitment to the site
- This location includes an in-store Sephora, which enhances cross-traffic and broadens customer demographics
- Located at the signalized corner of Warren Road and Wayne Road, the property boasts 60,000 VPD, offering unmatched visibility and accessibility
- Inflation hedge increases every 5 years & no landlord responsibilities
- Over 814,000 residents and an average household income exceeding $92,000 create a powerful consumer base, driving demand & long-term retail stability
- With 800'+ of frontage along 2 major roads, the property offers prominent pylon & monument signage to enhance tenant visibility & consumer recognition
Résumé de l'annonce
The subject property is a single tenant Kohl's under an absolute triple-net, corporate guaranteed ground lease. The store occupies 90,860 square feet and has eleven years remaining on its lease, with four, 5-year option periods remaining. This location is the number four most visited store in the state of Michigan.
The property is well located in a prime high-traffic location at the signalized corner of Warren Road and N. Wayne Road and boasts 60,000+ VPD, offering unmatched visibility and accessibility.
A variety of national and credit tenants are within close proximity including Walmart Supercenter, Target, Lowe's, Home Depot, Dick's Sporting Goods, Meijer and Best Buy.
The property is well located in a prime high-traffic location at the signalized corner of Warren Road and N. Wayne Road and boasts 60,000+ VPD, offering unmatched visibility and accessibility.
A variety of national and credit tenants are within close proximity including Walmart Supercenter, Target, Lowe's, Home Depot, Dick's Sporting Goods, Meijer and Best Buy.
Faits sur la propriété Sous contrat
Type de vente
Investissement pour loyer hypernet
Condition de vente
Emphytéote (Frais de cession-bail)
Type de propriété
Commerce de détail
Sous-type de propriété
Grand magasin
Taille du bâtiment
90 860 pi²
Classe d’immeuble
B
Année de construction/rénovation
1987/2021
Prix
19 012 001 $ CAD
Prix par pi²
209,24 $ CAD
Taux de capitalisation
8,11%
Revenu net d’exploitation
1 542 756 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,25
Taille du lot
8,35 AC
Zone de développement économique
Oui
Zonage
CB-3 - Quartier des affaires commerciales générales
Stationnement
227 places (2,5 places par 1 000 pi² loué)
Façade
Commodités
- Système de sécurité
- Affichage
- Affichage sur monument
Impôts fonciers
| Numéro de lot | 56-015-99-0011-704 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 4 216 721 $ CAD |
Impôts fonciers
Numéro de lot
56-015-99-0011-704
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
4 216 721 $ CAD
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