16635 Harper Ave

Retail

16635 Harper Ave, DetroitMI 48224

Property Details

Location

Address
16635 Harper Ave, DetroitMI 48224
County
Wayne
Submarket
Detroit E of Woodward
Parcels
21004604.
In Opportunity Zone
Yes

Building Size

Building Size
1,920 SF
Rentable Space
1,920 SF

Building Details

Type
 Retail
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
1
Year Built
1947
Sprinklers
Yes
Parking Ratio

Land & Utilities

Land (Acres)
0.05 Acres
Land (SF)
2,178 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
Lot Depth
100 ft
Lot Width
20 ft

Contacts

Current Listings

16635 Harper Ave

1,920 SF$80,000
Cap Rate: 15%

Prime investment opportunity, the building is leased by T-Mobile for an additional 23 months on a NNN basis. Sign income is not part of the deal as Lamar is buying out their lease with an easement in perpetuity.

Prime investment opportunity, the building is leased by T-Mobile for an additional 23 months on a NNN basis. Sign income is not part of the deal as Lamar is buying out their lease with an easement in perpetuity.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: CPIX

More Information

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