1360 Walton

Retail-Commercial for Sale
Catylist Listing ID: 30569643
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail
Building Size (RSF): 2,765 SF
Gross Building Area: See Agent
Gross Land Area: 0.79 Acres
Sale Price: $949,900
Unit Price: $343.54 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2020

Overview / Comments

-Tremendous Location on Walton Blvd- Across the street from Rochester High School, seconds to Ascension Providence, and minutes from M-59
-Great Demographics and Traffic Counts
-Many nearby National Tenants
-Pizza Hut has been at this location over 22 years, and this was consistently a top performing location. Tenant relocating due to new corporate strategy of leasing smaller inline retail space
-Owner will consider: Sale, Ground Lease, Build to Suit, or Lease of existing structure

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Rochester
Tax ID/APN: 15-09-476-030
Zoning: B1
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Tenancy: Single Tenant
Year Built: 1977
Roof Type: Gable
Construction/Siding: Brick
Total Parking Spaces: 50
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 120
Lot Depth: 287
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,824 78,683 172,321
Median Age: 42 40.97 40.65
Households: 5,255 30,672 67,392
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