3000 Packard St
Ann Arbor
Michigan
USA
48108

Identifiant MLS : 20240066763

650 000 $US USD

Surface vendable minimum
311m² (3 348ft²)
Les détails

Caractéristiques de la propriété

Date mise à jour: 17 sept. 2024

Détails sur la construction

Année de construction
1965

Superficie

Superficie de la propriété
311m² (3 348ft²)

Description

Explore this investment property featuring a Little Caesars franchise and a boxing gym, offered at $650,000. The 3,348 sq. ft. building generates a net income of approximately $42,000 annually, with the pizzeria contributing $3,300 in monthly rent. The Little Caesars is secured with a five-year lease and options to renew for up to 15 years, with annual rent increases. The boxing gym operates on a month-to-month lease, providing flexibility and potential for increased rental income. All operating expenses are covered by the tenants. This property represents a solid investment opportunity with growth potential.

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Emplacement

3000 Packard St
Ann Arbor
Michigan
USA
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