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1484 Coolidge Hwy
Troy, MI 48084

$4,293,173 USD

Bank For Sale  •  4,510 SF

Property Details

  • Property Type Bank
  • Total Building Size 4,510 SF
  • Lot Size 2.01 AC
  • Building Class B
  • Year Built 2006
  • Tenancy Single
  • Zoning M-1
30 Transit Score
70 Walk Score

Highlights

Relocation Store From In-Line Space Within the Market to Panera's New Drive Thru Concept.
Absolute NNN Lease - Zero Landlord Obligations Whatsoever.
11 Years Remaining on a 15-Year Term - Stable Cash Flow Asset.
Rental Escalations Every 5 Years Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation.
Corporate Backed Guaranteed by Panera LLC - More than 2,200 Locations in 47 States and The District of Columbia.
Troy Michigan One of the Most Sought-after Markets in Oakland County: Population Exceeds 10,375 Within a 1 Mile Radius.

Amenities

  • Pylon Sign
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
3 min 11 min 0.6 mi
13 min - 5.6 mi
AirportDriveWalkDistance
Windsor International 45 min - 29.3 mi
Detroit Metro Wayne County 53 min - 32.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services