16853-16865 Penrod Dr

Shopping Center for Sale
Catylist Listing ID: 30586948
Property Subtypes: Mixed Use, Net Leased, Strip Center
Building Size (RSF): 6,200 SF
Gross Land Area: 0.63 Acres
Sale Price: $625,000
Unit Price: $100.81 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Sorrento's Plaza
Usable Size (USF): 2,700 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2020

Overview / Comments

2700 SF Available for an owner/occupant. Space fronts Garfield and has tremendous signage
Existing Tenants Include: Pet Groomer, Hair Salon, and Day Spa (contact agent for more details)
Parking lot recently resurfaced/striped
Land contract possible
Do not disturb the tenants

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 11-29-103-046
Zoning: B-1
Retail Clientele: General, Family
Property Located Between: Garfield and Penrod, South East Corner
Largest Nearby Street: Garfield
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1986
Roof Type: Arched
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 30
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,635 130,681 346,764
Median Age: 47.27 42.48 41.31
Households: 4,182 54,288 146,177
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