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2525 Hilton Rd
Ferndale, MI 48220
Subway · Retail Property For Sale

Investment Highlights

  • Brand New 5-Year Lease Commenced in September 2020 | Over 4 Years Remaining in Term
  • Additional Rental Income for Lease of 10 Parking Spaces to Adjacent Tenant | Lease Expiration of October 2021 | High Likelihood of Lease Renewal
  • Excellent Visibility with Frontage on Hilton Road | Large Pylon Sign Increases Visibility
  • Lease Supports Three, 5-Year Options | Annual 3% Rent Increases Begin in Year 3 | 10% Rent Increase in Each Option
  • Strategically Located on Hilton Road | Traffic Counts of Over 10,700 Vehicles Per Day
  • Easily Accessible with Multiple Access Points

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,250 SF
Building Class
B
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.40 AC
Zoning
II
Parking
15 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
127’ on Hilton

Amenities

  • Pylon Sign
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
25-27-437-007
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$358,010
  • Listing ID: 23132073

  • Date on Market: 5/19/2021

  • Last Updated:

  • Address: 2525 Hilton Rd, Ferndale, MI 48220

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