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4729-4737 Conner St
Detroit, MI 48215 East Side

$3,750,000 USD

Freestanding For Sale • 43,550 SF

Property Details

Property Type Freestanding
Total Building Size 43,550 SF
Lot Size 1.46 AC
Building Class C
Year Built 1976
Cap Rate 11.13 %
Tenancy Multiple
Zoning Commercial

46 Transit Score

46 Walk Score

                
                    Highlights
                
                                Stabilized investment with upside potential
                            
                                Strong NOI of $417,445 // Pro Forma NOI: $532,972. Impressive 83% occupancy for consistent income
                            
                                2009 Renovation: roof, mechanicals, interior, and exterior facade
                            
                                M4 zoning for diverse use
                            
                                Established credit tenant in place since 2009
                            
                                High-traffic area anchored by a national grocery store

Property Flyers

4722-4729 Conner St, Detroit_Marketing Package

Cap Rate:

11.13 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Michigan Department of Health & Human Services

Amenities

Freeway Visibility
Security System
Signage
Signalized Intersection
Tenant Controlled HVAC
Wheelchair Accessible
Storage Space
Monument Signage
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
	12 min	-	6.5 mi
Airport	Drive	Walk	Distance
Windsor International	38 min	-	17.9 mi
Detroit Metro Wayne County	41 min	-	27.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	84
Type:	Surface
Included in Rent:	Yes

Levi Smith 248-262-1807 P.A. Commercial, LLC

4729-4737 Conner St Detroit, MI 48215 East Side