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3100 W Highland Rd
Howell, MI 48843
Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,045 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.64 AC
Zoning
HC
Parking
10 Spaces (3.19 Spaces per 1,000 SF Leased)
Frontage
616’ on W Highland Rd

AMENITIES

  • Pylon Sign
  • Signage

ABOUT 3100 W HIGHLAND RD , HOWELL, MI 48843

We are pleased to present an opportunity to purchase an absolute NNN ground lease to 7 Eleven, Inc. - the largest convenience store chain in the world currently rated “AA-”, by S&P’s (investment grade) with over 10 years remaining on the current term and provides inflation hedge with 10% rental increases every 5 years. In 2013, 7-Eleven elected to extend the current term of the lease an additional five years to August 2028 showing strong commitment to this site. Positioned near the intersection of I-96 Bus and W Grand River Ave, the subject property takes advantage of the 24,000+ VPD that travel by this location. This is an exceptional opportunity to purchase a proven 7 Eleven store with gas (recession proof), with zero landlord responsibilities, and 10 years remaining on the lease providing long term secure cash flow.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-28-200-047
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$986,330
  • Listing ID: 12925656

  • Date on Market: 6/18/2018

  • Last Updated:

  • Address: 3100 W Highland Rd, Howell, MI 48843

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