36567 Goddard Rd | Romulus, MI 48174
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36567 Goddard Rd
Romulus, MI 48174
Replaceable Rent Levels Detroit MSA 5% Incr · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The lease allows for approximately five percent (5%) increases every five years in the option periods.
- CVS acquired Sav-on in 2018.Of the 22 Sav-ons in the Detroit MSA, they decided to keep 10 of the higher performing locations, including this location.
- Located approximately 23 mi SW of downtown Detroit and in Wayne County, the most populated county in the Detroit MSA.
- In 2018, CVS signed a 10 year lease for $11.42 per square foot.
- Only major drugstore within a 4 mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,572 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.82
Lot Size
0.35 AC
Zoning
CBD-2
Parking
20 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 80-078-01-0246-300 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $620,900 |
PROPERTY TAXES
Parcel Number
80-078-01-0246-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$620,900
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