19830 W McNichols Rd | Detroit, MI 48219
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19830 W McNichols Rd
Detroit, MI 48219
Citgo · Retail Property For Sale
Investment Highlights
- Major upside potential
Executive Summary
Detroit Gas Stations For Sale | 5 Locations
Properties can be purchased individually or as a package
Ideal for either investment or owner/operator
8 pumps per location
Major upside potential | Limited supply of gas stations in immediate market area
Opportunity to acquire a critical mass of well-positioned stations with long records of profitability
Each station positioned on corner lots in close proximity to nearby expressways
Mix of creditworthy franchisees | Clark, Metro PCS, Citgo, BP
Traditional service station amenities | Convenience store, 24-hour access, ATM, onsite parking
Properties can be purchased individually or as a package
Ideal for either investment or owner/operator
8 pumps per location
Major upside potential | Limited supply of gas stations in immediate market area
Opportunity to acquire a critical mass of well-positioned stations with long records of profitability
Each station positioned on corner lots in close proximity to nearby expressways
Mix of creditworthy franchisees | Clark, Metro PCS, Citgo, BP
Traditional service station amenities | Convenience store, 24-hour access, ATM, onsite parking
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
1,400 SF
Building Class
C
Year Built
1994
Price
$1,417,470 CAD
Price Per SF
$1,012 CAD
Cap Rate
7.22%
NOI
$102,384 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.22 AC
Zoning
B4 - General Business District
Parking
5 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 22-01363-943 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $245,766 CAD |
PROPERTY TAXES
Parcel Number
22-01363-943
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$245,766 CAD
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