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1700 WEST Road

$ 4,200,000
1700 WEST RD ,
19
Active

Description

Investors looking for a 40-year lease* will like this property. Tenant is Walgreens – AAA rated. Owner maintains roof; Tenant is responsible for all other maintenance and for taxes. Brand new roof 2016. Includes drive-thru area. High-traffic location at the intersection of 2 major roads of the Downriver area. Proximate to DQ, Tim Horton’s, restaurants, Hardware +++. Great intersection for most area businesses.
40 years remaining on the lease with 5-year renewal periods.

Address: 1700 WEST RD
City:
State/County:
Zip: 48183
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Property Id : 24528
Price: $ 4,200,000
Building size: 1.63 acres
Available Space: 13806 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Assessment: 0
Building Area Source: Public Records
Business Licenses: Beer & Wine,Liquor,Lottery,Lotto Terminal
Business Type: Retail
CDOM: 371
Commercial Exterior Features: Doors 16-20 ft,Outside Lighting
Commercial Type: Real Estate Only
Commercial Utilities: 3 Phase Power,440V Available,Fire Sprinkler,Intercomm
Construction Materials: Brick,Stucco/EIFS
County Or Parish: Wayne
Current Use: LEASED TO WALGREENS AS A DRUG STORE
Directions: N OFF WEST RD OR E OFF FORT ST
Directions From EastWest: E
Directions From EastWest Detail: FORT
Directions From NorthSouth: N
Directions From NorthSouth Detail: WEST
Distance To Airport: 17
Distance To Interstate: 4
DOM: 371
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 315
Gross Scheduled Income: 999999.00
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: Max Broock, REALTORS®-Birmingham
List Price By Acre: 2576687.1166
Lock Box Type: Appointment
Lot Size Dimensions: 315X380X199X201
MLS: Realcomp II Ltd
MLS Area Major: Trenton
MLS Area Major Number: 05182
MLS Number: 219066579
Monthly Sales: 999999
Annual Net Income: 999999.00
Number Of Units Total: 0
Office Heating: Central Air,Exhaust Fan,Forced Air,Zoned
Operating Expense: 999999.00
Original List Price: 5300000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 54008990001702
Percent Leased: 100000
Postal City: Trenton
Postal Code Plus 4: 2676
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Class A
Roof Material: Asphalt
Room Count: 0
School District: Trenton
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 13806
Sqft Source: SURVEY
State Equalized Value: 839400.0000
Street Name: WEST
Street Number: 1700
Street Suffix: Road
Table: Commercial
Taxable Value: 726085.0000
Tax Amount Summer: 35525.0000
Tax Amount Winter: 19611.0000
Tax Legal Description: *13D1A*PT OF THE SE 1/4 OF SEC 13 T4S R10E DESC AS BEG N 89D 58M 09S W 53.00 FT AND N 00D 43M 04S E 239.60 FT FROM THE SE COR OF SEC 13--TH S 89D 16M 56S W 14.81 FT-TH S 30D 36M 12S W 201.51 FT-TH S 00D 01M 51S W 65.89 FT-TH N 89D 58M 09S W 301.21 FT-TH N 30D 36M 12S E 417.91 FT-TH S 59M 23M 48S E 198.67 FT-TH N 89D 16M 56S E 34.64 FT-TH S 00D 43M 04S E 20.00 FT-POB 1.86 AC--K-1.63
Title: Private - Owned
Total Tax: 55136.0000
Unit Count: 0
Unit Efficiency Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 2000
Zoning: Commercial
Airport: Yes
APOD Available: No
Customer Comment: Yes
Encroachment: No
Exclusions: No
Interstate: Yes
Inventory Included: No
Inventory List: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Railroad: No
Restrictions: Yes
Waterfront: No
Waterway: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Max Broock, REALTORS®-Birmingham and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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