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Applebee's 31653 Gratiot Ave 6,091 SF Retail Building Roseville, MI 48066 $3,680,000 ($604.17/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- The property features a spacious 6,091 square foot building, providing ample room for retail or restaurant operations
- Zoned B-3, the property offers incredible flexibility for a variety of commercial uses in the vibrant Roseville area
- Constructed in 1995, the building boasts modern construction and design elements, perfectly suited for contemporary business needs
EXECUTIVE SUMMARY
Single Tenant Absolute NNN lease Applebee's for Sale.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,091 SF
Building Class
C
Year Built
1995
Price
$3,680,000
Price Per SF
$604.17
Cap Rate
6.25%
NOI
$230,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.46 AC
Zoning
B-3 - General Business District
Parking
85 Spaces (13.96 Spaces per 1,000 SF Leased)
Frontage
157’ on Gratiot Ave
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-14-04-401-022 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $680,900 |
PROPERTY TAXES
Parcel Number
08-14-04-401-022
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$680,900
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Applebee's | 31653 Gratiot Ave
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