This Retail Property is no longer advertised on LoopNet.com.

1967 S Telegraph Rd
Bloomfield Hills, MI 48302
Aldi Ground Lease · Retail Property For Sale

Investment Highlights

  • Aldi corporately guaranteed absolute triple net ground lease with over 19 years of term remaining
  • Located in Colony Place - the largest outdoor shopping center in the region
  • 7.50% rental increases every five years

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
22,565 SF
Building Class
B
Year Built
2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
2.19 AC
Zoning
B1-1
Parking
75 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
213’ on South Telegraph Road

About 1967 S TELEGRAPH RD , BLOOMFIELD HILLS, MI 48302

- Aldi corporate guarantee - Absolute triple net ground lease with over 19 years of term remaining, no landlord responsibilities, and 7.50% rental increases every five years - Located within the 88-acre Village at Bloomfield master development - Dense, affluent area | 156,000+ people with average household incomes in excess of $121,000 within 5 miles of Subject Property

Property Taxes

Property Taxes

Parcel Number
19-05-159-017
Land Assessment
$714,430
Improvements Assessment
$2,209,760
Total Assessment
$2,924,190
  • Listing ID: 17882387

  • Date on Market: 12/5/2019

  • Last Updated:

  • Address: 1967 S Telegraph Rd, Bloomfield Hills, MI 48302

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