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21200 Penn St 5,797 SF Retail Building Taylor, MI 48180 $1,629,629 ($281.12/SF) 6.75% Cap Rate

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PROPERTY FACTS Under Contract

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,797 SF
Building Class
C
Year Built
2018
Price
$1,629,629
Price Per SF
$281.12
Cap Rate
6.75%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.92 AC
Opportunity Zone
Yes
Zoning
B-2 - Regional Business District
Parking
92 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
328’ on Eureka Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage

NEARBY MAJOR RETAILERS

Denny's
Bob Evans
Golden Corral
Tim Hortons
Bubba's 33
Leo's Coney Island
Comerica
Texas Roadhouse
BJ's Restaurant & Brewhouse
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
60-067-99-0003-702
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$415,500
  • Listing ID: 35770269

  • Date on Market: 5/7/2025

  • Last Updated:

  • Address: 21200 Penn St, Taylor, MI 48180

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