OWNER WANTS TO LEASE ONE OF THE VERY ATTRACTIVE 900 SQ FT UNITS TO A TENANT FOR USE AS COMMERCIAL RETAIL, OFFICE OR SERVICE ORIENTED BUSINESS (EXCEPT CULINARY). BUSINESS LOCATION IS ON A VERY HIGH CUSTOMER TRAFFIC MAIN ROAD. PRIVATE AND STREET PARKING AND CLOSE TO FREEWAYS. Rental unit is 18423 Wyoming.

This property is located just South of 8 Mile Road. Join a Chinese carry-out restaurant, CD Nails and beauty supply store.Dec 1, 2004 Cash Flow AnalysisGross Rental Income $152,640.00Less: Vacancy Loss @ 5% $7,632.00Adjusted Gross Income $145,008.00Less: Expenses Real Estate Taxes $15,000.00 Insurance $6,200.00 Common Area Maintenance $2,000.00 Management Fee (5%) $7,632.00NET CASH FLOW $114,176.00Investment AnalysisSALE PRICE $1,195,000.00Assume Loan 80% ltv $956,000.00Down Payment $239,000.00Cash Flow (before debt service) $114,176.00Minus: Debt Service CoverageDebt Service for Loan $956,000.00Annual Interest 6.00%Amortization 25 $73,914.00Cash Flow (After Debt Service) $40,262.00Cash On Cash $239,000.00 16.85%

Great visibility, good demographics and is located in a high traffic area. Come join a Cash Advance, Jets Pizza, Medical Clinic and more!NNN: $4.50

This is an extraordinary opportunity to lease in an existing neighborhood retail strip center located in Detroit, Michigan. Both roads are primary thoroughfares traversing Detroit, characterized predominantly by retail users. The intersection of Van Dyke and 7 Mile generates high levels of traffic volume making it an ideal location for retail. Great traffic counts, stable demographics and an abundant source of consumers makes this location a great opportunity for a retail user.

Site Plan for Neighborhood Center consisting of 2,700sf Retail pad, 14,800sf Anchor space, with 10,500sf Strip. Build to Suit.

3.36 Acre Proposed Development

The Renaissance Plaza is a Walgreens Drug Store anchored plaza in the heart of the Jefferson Avenue growth district with many new home and retail developments along Jefferson and the continued development in downtown Detroit. This site is ideally situated for tenants seeking small shop retail space along this corridor. Many national and local tenants in the area include CVS, Pizza Papalis, Blockbuster, Bank One, Rite Aide, Harbortown Market, Walgreens and many more.