4110 Carpenter Rd | Ypsilanti, MI 48197
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- LoopNet Team
4110 Carpenter Rd
Ypsilanti, MI 48197
Floor & Decor · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand-new 15-year corporate ground lease with 8% rental increases every 5 years
- Covered land play – 5.60 acre lot size
- Nearby national tenants driving traffic to the direct trade area include Target, T.J. Maxx, Home Depot, Kroger, ALDI, and Lowe’s
- Extremely low rent – $2.32 per sf
- Ypsilanti boasts strong residential demographics – 178,307 residents and an average household income of $89,043 in a 5-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
64,528 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
5.60 AC
Frontage
1,212’ on East Ellsworth Road
PROPERTY TAXES
| Parcel Number | 12-14-100-008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $250,780 |
PROPERTY TAXES
Parcel Number
12-14-100-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$250,780
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