5703-5727 S wayne Road new

Wayne,MI 48184

$ 1299000

- Bed

- Bath

5200 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 5,200 sqft

Price per Sqft $249

MLS Listing ID 60362150

Annual Tax Amount $14,409

Lot Size 0.540 Acres

Acres 0.54

Lot Dimensions 179.08x191.36

Property Description

SEE OM ATTACHED-Welcome to this 100% occupied 3 unit retail center. 20+ years of tenancy for all 3 tenants with longterm leases all planning on renewing/staying. Below market rents if new owner has plans of increasing rents. Established Retail Hub: Surrounded by national retailers including Kroger, CVS, Dollar General, and McDonald’s. 100% occupied 3 unit retail center. 20+ years of tenancy for all 3 tenants with longterm leases all planning on renewing/staying. Below market rents if new owner has plans of increasing rents. Established Retail Hub: Surrounded by national retailers including Kroger, CVS, Dollar General, and McDonald’s. Prime Retail Corridor: Positioned along S Wayne Rd, one of Wayne’s busiest commercial streets, with 20,000+ vehicles per day ensuring high visibility and traffic. Over 150,000 residents within a 5-mile radius provide a built-in customer base for tenants.Prime Retail Corridor: Positioned along S Wayne Rd, one of Wayne’s busiest commercial streets, with 20,000+ vehicles per day ensuring high visibility and traffic. Over 150,000 residents within a 5-mile radius provide a built-in customer base for tenants.

Location

State MI

County Wayne

Area Wayne (82083)

Zoning Commercial

Building

Water Public Water

Structure Type Brick

Others

Ownership Private

Financing Cash,Conventional

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