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1318 E Bristol Rd
Burton, MI 48529
Huntington National Bank · Retail Property For Sale
Investment Highlights
- Brand New 10Year Absolute NNN Lease - New lease commencing September 1, 2026
- True Passive Income Absolute NNN - Tenant is responsible for roof, structure, HVAC, taxes, insurance, and CAM, eliminating operational risk
- High-Visibility Location with Strong Traffic Counts - Positioned along Bristol Road with 22,000 VPD and immediate proximity to I475 with 45,000 VPD
- Long – Term Tenant Occupancy – Tenant has occupied the location for over 45 Years
- Built-In Rent Growth - Attractive 10% rent increase in the extended term along with multiple renewal options, providing long-term income upside
- Surrounded by national and regional retailers including Kroger, Dollar General, McDonald’s, Tim Hortons, and others, supporting strong consumers
Executive Summary
Single Tenant Huntington National Bank - Tenant has Occupied the Subject Location for 45+ Years. Brand New 10-Year Lease Renewal.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
1,903 SF
Building Class
B
Year Built
1972
Price
$1,309,091
Price Per SF
$687.91
Cap Rate
5.50%
NOI
$72,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.05
Lot Size
0.86 AC
Zoning
M-1
Parking
33 Spaces (17.34 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 59-31-200-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $143,800 |
Property Taxes
Parcel Number
59-31-200-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$143,800
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