MATYSEK INVESTMENT GROUP
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INVESTMENT SUMMARY

19737 Mound Rd Detroit, MI 48234

  • Type
    Single Tenant
  • Price
    $1,450,000
  • CAP Rate
    8.62%
  • NOI
    $125,000
  • Building Size
    11,206 SF
  • Lease Term
    10 Years
  • Status
    CLOSED
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MEMORANDUM
CONTACT BROKER

Paul Z. Matysek, CCIM

T: 310.405.0902 paul@matysekinvestment.com

FAMILY DOLLAR
Recently Extended 10 Year Renewal

INVESTMENT HIGHLIGHTS

  • Recently Extended 10 Year Renewal showing long term commitment to the site and trade area
  • Highly visible from the road with strong traffic counts on Mound Road exceeding 30,000 CPD 
  • NN lease provides for minimal LL responsibilities, Landlord responsible for roof, structure, and exterior of building
  • Brand new roof in 2017 and parking lot fully repaired
  • Strong sales reports
  • 5 Mile Population Exceeds 370,000 Residents
  • Average Household Income exceeds $42,000 Within 5 Mile

 

Listed In Conjunction with Kwekel Companies