5541 Sashabaw Rd | Clarkston, MI 48346
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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
| Parcel Number | 08-27-603-001 | Improvements Assessment | $481,200 |
| Land Assessment | $0 | Total Assessment | $481,200 |
PROPERTY TAXES
Parcel Number
08-27-603-001
Land Assessment
$0
Improvements Assessment
$481,200
Total Assessment
$481,200
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