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3558 Miller Rd 6,315 SF Retail Building Flint, MI 48507 $3,548,500 ($561.92/SF) 7% Cap Rate
Investment Highlights
- Tenant recently renewed their lease for a 15-Year Term Showing Strong Commitment to the location
- Strong Corporate Guarantee – Backed by Famous Dave’s parent company, ensuring financial stability
- High Visibility & Access – Excellent frontage on a major thoroughfare with easy ingress/egress
- Absolute NNN Lease – Zero landlord responsibilities, providing a passive income stream
- Prime Retail Location – Situated in a high-traffic commercial corridor with strong retail synergy
- Attractive Cap Rate – Competitive return for a stable, long-term investment
Executive Summary
Absolute NNN - Recent 15 Year Renewal. Corporate Location & Guarantor
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,315 SF
Building Class
B
Year Built
1985
Price
$3,548,500
Price Per SF
$561.92
Cap Rate
7%
NOI
$248,395
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.64 AC
Opportunity Zone
Yes
Zoning
B2, Flint
Parking
135 Spaces (21.38 Spaces per 1,000 SF Leased)
Frontage
200’ on Miller Rd
Amenities
- Bus Line
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-27-100-032 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $387,100 |
Property Taxes
Parcel Number
07-27-100-032
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$387,100
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3558 Miller Rd
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