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4729-4737 Conner St 43,550 SF 83% Leased Retail Building Detroit, MI 48215 $3,750,000 ($86.11/SF) 11.13% Cap Rate
INVESTMENT HIGHLIGHTS
- Stabilized investment with upside potential
- 2009 Renovation: roof, mechanicals, interior, and exterior facade
- Established credit tenant in place since 2009
- Strong NOI of $417,445 // Pro Forma NOI: $532,972. Impressive 83% occupancy for consistent income
- M4 zoning for diverse use
- High-traffic area anchored by a national grocery store
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Freeway Visibility
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Public Administration
- -
- -
- -
The Michigan Department of Health and Human Services (MDHHS) strives to promote better health outcomes, reduce health risks, and support stable and safe families while encouraging self-sufficiency.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Public Administration | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
This 7,275 SF space is perfectly suited for retail, office, or warehouse use, with a shell condition space is ready for a customizable build-out. Boasting M4 zoning and abundant parking, this property offers convenience and flexibility for various business ventures. Its proximity to the Chrysler and Stellantis Plants provides a strategic advantage for businesses seeking strong auto industry connections. Don't miss the chance to tailor this space to suit your unique business needs and elevate your operations in this prime location. Some permitted uses include motor vehicle/boat sales, financial services, event space, a trade school, a union hall, a non-profit organization headquarters, an urgent care-medical clinic, a church, a print shop, a radio station, storage, bakeries, an art gallery, a machine shop, and apparel manufacturing, etc
| Space | Size | Space Use | Position | Available |
| 4737 Conner | 7,275 SF | Office/Retail | - | Now |
4737 Conner
| Size |
| 7,275 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
4737 Conner
| Size | 7,275 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
This 7,275 SF space is perfectly suited for retail, office, or warehouse use, with a shell condition space is ready for a customizable build-out. Boasting M4 zoning and abundant parking, this property offers convenience and flexibility for various business ventures. Its proximity to the Chrysler and Stellantis Plants provides a strategic advantage for businesses seeking strong auto industry connections. Don't miss the chance to tailor this space to suit your unique business needs and elevate your operations in this prime location. Some permitted uses include motor vehicle/boat sales, financial services, event space, a trade school, a union hall, a non-profit organization headquarters, an urgent care-medical clinic, a church, a print shop, a radio station, storage, bakeries, an art gallery, a machine shop, and apparel manufacturing, etc
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $825,200 |
PROPERTY TAXES
Presented by
4729-4737 Conner St
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