Log In/Sign Up
Your email has been sent.
The Vitamin Shoppe 21901 Eureka Rd 2,775 SF Retail Building Taylor, MI 48180 $1,598,000 ($575.86/SF) 6.81% Cap Rate
Investment Highlights
- 2,775 SF Modern Brick Building Constructed in 2015
- Double Net Lease (NN) - Minimal Landlord Responsibilities
- High Visibility and Accessibility: Located at The Signalized Intersection of Eureka Road (46,000 Vehicles/Day) and Rancho Boulevard
- Tenant Recently Exercised an Early 5-Year Renewal Thru 2032
- Two Five-Year Options Featuring Rental Increases
- Prime Location Less Than 1 Mile from Major National Retailers
Executive Summary
2,775 SF Modern Brick Building Constructed in 2015
Tenant Recently Exercised an Early 5-Year Renewal Thru 2032
Double Net Lease (NN) - Minimal Landlord Responsibilities
Two Five-Year Options Featuring 10% Rental Increases
High Visibility and Accessibility: Located at The Signalized Intersection of Eureka Road (46,000 Vehicles/Day) and Rancho Boulevard
Prime Location Less Than 1 Mile from Major National Retailers Including
Menards, Target, Home Depot, Best Buy, Dick's Sporting Goods, Kohl's, Hobby Lobby, PetSmart Amongst Others
Located Across From The 920,000 SF Southland Mall | New Main Event Entertainment Venue (Owned By Dave & Buster's) Under Development Within Walking Distance
Average Household Income in a 5-Mile Radius Exceeds $83,000 Dollars
Over 195,000 People Within 5-Miles of Subject Property
Tenant Recently Exercised an Early 5-Year Renewal Thru 2032
Double Net Lease (NN) - Minimal Landlord Responsibilities
Two Five-Year Options Featuring 10% Rental Increases
High Visibility and Accessibility: Located at The Signalized Intersection of Eureka Road (46,000 Vehicles/Day) and Rancho Boulevard
Prime Location Less Than 1 Mile from Major National Retailers Including
Menards, Target, Home Depot, Best Buy, Dick's Sporting Goods, Kohl's, Hobby Lobby, PetSmart Amongst Others
Located Across From The 920,000 SF Southland Mall | New Main Event Entertainment Venue (Owned By Dave & Buster's) Under Development Within Walking Distance
Average Household Income in a 5-Mile Radius Exceeds $83,000 Dollars
Over 195,000 People Within 5-Miles of Subject Property
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,775 SF
Building Class
B
Year Built
2015
Price
$1,598,000
Price Per SF
$575.86
Cap Rate
6.81%
NOI
$108,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Zoning
B-2
Parking
24 Spaces (7.2 Spaces per 1,000 SF Leased)
Frontage
150’ on Eureka Road
Nearby Major Retailers
Property Taxes
| Parcel Number | 60-094-99-0018-000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $36,100 |
Property Taxes
Parcel Number
60-094-99-0018-000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$36,100
Contacts
-
Deno Bistolarides -
Matthew Weber -
Ryan Vinco -
Encore Real Estate Investment Services
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
The Vitamin Shoppe | 21901 Eureka Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.