Mobil 1 Lube Express

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Patrick Hammond

Senior Advisor

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PROPERTY ADDRESS

32 S. PLATT ROAD, MILAN, MI 48160

PROPERTY INFORMATION

Price:
$428,571
Cap Rate:
7.0%
Term Remaining:
14.75 years Years
Year Built:
2000
Status:
Available

INVESTMENT HIGHLIGHTS

  • New Mobil 1 Lube Express | Out Parcel to Kroger/Ace Hardware Retail Center
  • New 15 Year NNN Lease | No Landlord Responsibilities
  • E-Commerce Resistant Business Model
  • 10 Mile Population Exceeds 89,000 Residents
  • 1.62% Projected Population Growth by 2023
  • Average Household Income Within 10 Miles Exceeds $102,000
  • Median Home Value Within 10 Miles Exceeds $214,000