15341 19 Mile Rd | Clinton Township, MI 48038
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- LoopNet Team
15341 19 Mile Rd
Clinton Township, MI 48038
Citizens Bank - Clinton Township, MI · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease With Below Market Rent PSF: Recently Extended Lease With 6 Years of Term Remaining, Plus (3) 5-Year Renewal Options
- Investment-Grade Credit Tenant: Backed By Citizens Financial Group (NYSE: CFG), a Publicly Traded Financial Institution With a $7B+ Market Cap
- Drive-Thru Equipped Branch: Features Two Dedicated Drive-Thru Lanes, Supporting Modern Banking Needs and Operational Efficiency
- High-Performing Branch Location: Over $142 Million in Deposits, Accounting For 14.19% Market Share in the Zip Code, Reflecting Strong Consumer Loyalty
- Excellent Visibility & Dual Street Access: Positioned Just Off the Hard Corner of 19 Mile Rd (19,680 VPD) and Hayes Rd (37,720 VPD)
- Proximity to Major Demand Drivers: Located 1.5 Miles From Ford Macomb Hospital, Surrounded By Dense Residential Development Throughout the Detroit MSA
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,910 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.74 AC
Zoning
BANK
Parking
29 Spaces (7.42 Spaces per 1,000 SF Leased)
Frontage
140’ on 19 Mile Rd
AMENITIES
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 16-11-06-351-018 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $557,300 |
PROPERTY TAXES
Parcel Number
16-11-06-351-018
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$557,300
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