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5541 Sashabaw Rd
Clarkston, MI 48346
Chase Bank · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute NNN Ground Lease - Zero Landlord Responsibilities - 10 +/-Years Remaining with Increases of 10% Every 5 Years
  • Corporate Lease | JP Morgan Chase Bank, N.A. | 4,700 locations Worldwide
  • 4,397 Square Foot Drive Thru Equipped Bank Branch Located on 1.04 Acres of Land
  • Tenant Extended for 10 Years in June '24 - Exhibits a Strong Commitment to the Location
  • Investment grade credit | A+/A2 | Location Reports $180MM in Deposits (Per FDIC)
  • Build to Suit for Tenant in 2007

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
4,397 SF
Building Class
C
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.69 AC
Zoning
CM - General Commercial Zoning
Parking
36 Spaces (8.18 Spaces per 1,000 SF Leased)
Frontage
146’ on Sashabaw Rd

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-27-603-001
Land Assessment
$0
Improvements Assessment
$481,200
Total Assessment
$481,200
  • Listing ID: 32473059

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 5541 Sashabaw Rd, Clarkston, MI 48346

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