Property Listing No Longer Available for Sale

41964 Hayes Rd, Clinton Twp, MI

Retail for Sale - $2,200,000 - 20,000 Sq. Ft.


Property Info

CIMLS#1032989
Location
  41964 Hayes Rd
  Clinton Twp MI 48038
UpdatedDecember 2nd, 2018
TypeRetail
Price$2,200,000
Building20,000 Sq. Ft.

Property Description

7 UNIT SHOPPING CENTER/PLAZA IN CLINTON TWP,20,000 SQUARE FOOT LOCATED ON 2 ACRES, BUILT IN NEWLY RENOVATED IN 2015, PROPERTY HAS 270 FEET OF BUSY HAYES ROAD FRONTAGE NEAR 19 MILE, HUGE PARKING LOT,100% LEASED INCLUDING OWNER, OCCUPIED UNITS INCLUDE 4,800 SQ FT RESTAURANT/PUB, 2,400 SQ FT LAUNDRY MAT, 1,200 SQ FT CHIROPRACTOR'S OFFICE, 7,800 SQ FT GYM, 1,200 SQ FT HAIR SALON, 1,200 SQ FT NAIL SPA & 1,200 SQ FT OWNER LEASED UNIT,WELL MAINTAINED AND OCCUPIED, RETAIL CENTER IS POSITIONED PERFECTLY IN A NEIGHBORHOOD RETAIL AREA, RECENT UPDATES INCLUDE A NEW MONUMENT SIGN, NEW EXTERIOR & NEWER PARKING LOT, EXCELLENT TRAFFIC COUNTS & ACTIVE RETAIL MARKET, EASY ACCESSIBILITY WITH EXCELLENT VISIBILITY, GREAT CAP RATE APX 8.55%, ABOUT 38,890 CARS PASS BY THE WINDMILL PLAZA DAILY, ALL LEASES ARE GROSS IN NATURE SO ITS EASILY MANAGEABLE, CITY SQUARE FOOTAGE IS 19,800 & CITY ACREAGE IS 1.86, ALL DATA APX.


Financials