16635 Harper Ave

Retail

16635 Harper Ave, Detroit, MI 48224

3 photos

Property Details

Location

Address: 16635 Harper Ave, Detroit, MI 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

Retail For Sale

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.

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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.

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Source: CPIX

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