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28720 Northwestern Hwy
Southfield, MI 48034
Retail Property For Sale
Investment Highlights
- Ideal 1031 Exchange Property | Generational Asset
- Both Leases have Rent Increases Scheduled in 2027 Multiple Renewal Options Each Containing Rent Escalations
- 3 Drive-Thru Lanes | 1 Dedicated ATM Lane Strong Deposits: $66.5 Million
- 12 Years Remaining on PNC’s NNN Lease & McDonald’s Ground Lease
- Corporate Guarantee by PNC Bank | S&P: A / Moody’s: A2 5th Largest Bank by Number of Branch Offices in the U.S.
- Prime Location Near Southfield’s Office Hub 30 Million SF of Office Space within a 5-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
3,000 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.33 AC
Zoning
B-3
Parking
37 Spaces (12.17 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 24-18-226-032 | Improvements Assessment | $535,140 |
| Land Assessment | $188,710 | Total Assessment | $723,850 |
Property Taxes
Parcel Number
24-18-226-032
Land Assessment
$188,710
Improvements Assessment
$535,140
Total Assessment
$723,850
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