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- LoopNet Team
24400 Drake Rd
Farmington Hills, MI 48335
Enterprise Rent-A-Car · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Signage
ABOUT 24400 DRAKE RD , FARMINGTON HILLS, MI 48335
100% occupied Absolute NNN leased Enterprise Rent-A-Car property Long and successful operating history at this location (since 1985) Enterprise Rent-A-Car is the largest car rental brand in North America with over 7,000 locations 2% annual rent escalations Located in a strong commercial corridor that features many car dealerships including BMW, Mercedes Benz, Land Rover, Audi, Porsche, Jaguar, Infinity, Ford, Toyota, Honda, Jeep, and Dodge Positioned just off of the heavily trafficked signalized intersection of Drake Road and Grand River Avenue Over 70,000 people reside within a three mile radius of the property earning annual household incomes of approximately $95,000 In-place NOI: $45,900 Sale price: $460,000
PROPERTY TAXES
| Parcel Number | 23-21-351-024 | Improvements Assessment | $68,440 |
| Land Assessment | $146,050 | Total Assessment | $214,490 |
PROPERTY TAXES
