29425 Orchard Lake Rd | Farmington Hills, MI 48334
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29425 Orchard Lake Rd
Farmington Hills, MI 48334
Retail Property For Sale
Investment Highlights
- 10YR NNN Ground Lease CVS with Zero Landlord Responsibility | No Rent Holiday | (5) 5-Year Options with 5% Rent Increases
- Recently Added Liquor Sales at this Location
- Quick Access to Major Highways | 1 Mile North of I-696 (130,908 VPD) | First Freestanding Major Pharmacy Coming from I-696
- Top 30% Placer.ai Ranking Nationally & Top 25% in Michigan
- High Visibility at Hard Signalized Corner of Orchard Lake Road & 13 Mile Road (46,930 VPD Combined)| Surrounded by Residential Communities
- Numerous Medical Offices Nearby: 402K SF of Medical Office Space within a 1-Mile Radius | 219K SF between 12 Mile & 13 Mile Roads
Property Facts
Property Type
Retail
Property Subtype
Building Size
13,210 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
1.10 AC
Zoning
Commerical
Parking
30 Spaces (1.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Monument Signage
Property Taxes
| Parcel Number | 23-10-228-001 | Improvements Assessment | $858,160 |
| Land Assessment | $168,350 | Total Assessment | $1,026,510 |
Property Taxes
Parcel Number
23-10-228-001
Land Assessment
$168,350
Improvements Assessment
$858,160
Total Assessment
$1,026,510
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