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- LoopNet Team
6970 Sashabaw Rd
Clarkston, MI 48348
Arby's · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Restaurant
- Signage
- Signalized Intersection
ABOUT 6970 SASHABAW RD , CLARKSTON, MI 48348
Optimal Lease Structure & Tenant - Brand New Arby’s - 2018 Construction with latest BTS prototype - Corporately guaranteed lease - 20-year base term with five (5), 5-year renewal options - 10% rent escalation every 5 years throughout entire lease - Triple net (NNN) lease with no landlord responsibilities Fundamental Real Estate - Interstate location just off I-75 - Hard corner at a signalized intersection - ±18k VPD along Sashabaw Road - Large parcel size of ±1.17 acres - Multiple points of ingress & egress Strong Market Demographics - Affluent & dense metro of Detroit - Total population of ±35k (3-mi) & ±88k (5-mi) - Population growth of 26.56% in 1-mile radius since 2000 - 6-Figure average household incomes throughout 5-mile radius o ±132k (1-mi), ±$111k (3-mi) & ±$105k (5-mi) Stable Economic Drivers - Oakland County has long term bond rating of AAA/Stable by S&P (2018) - Detroit-Warren-Dearborn MSA supports 2 MM jobs (10% employment growth over last 5 years) - “Large and Affluent Tax Base Undergoing Strong Economic Growth” (Moody’s Investors Service Credit Opinion, June 26, 2018) - Largest employers in Oakland County o Health care systems - Beaumont Health: 18,301 - Ascension Michigan: 5,474 - Henry Ford Health System: 4,085 o Automobile manufacturers - FCA US LLC: 13,099 - General Motors Co: 9,687
PROPERTY TAXES
| Parcel Number | 08-22-402-002 | Improvements Assessment | $0 |
| Land Assessment | $736,200 | Total Assessment | $736,200 |
PROPERTY TAXES
