Corporate Starbucks & Verizon | Brand New Construction | Relocation Stores | High Traffic Retail

Agent Info

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

Ryan Vinco

248.702.0299
ryan@encorereis.com

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Offering Information

23550 Eureka Road
Taylor, MI 48180

  • Price: $4,475,031
  • Cap. Rate: 4.75%
  • NOI: $212,564
  • Building Size: 5,470SF
  • Lot Size: AC

Investment Highlights

  • Starbucks Equipped with Drive Thru - No Early Termination - Firm 10 Years
  • Brand New Ten (10) Year Leases With Options & Increases - New Development
  • Starbucks Investment Grade Tenant (S&P: A)
  • Verizon Investment Grade Tenant (S&P: BBB+)
  • Strong Retail Corridor Surrounding Subject Property
  • Out Parcel To An 200,858 Square Foot Meijer Supermarket
  • Adjacent to Southland Center a Rouse Properties Regional Mall and Super Target
  • Eureka Road Traffic Counts Exceeds 46,371 VPD+/-
  • Average Household Income Within 5 Mile Radius Exceeds $62,023
  • 5 Mile Population Surrounding Investment Property Exceeds 191,823
  • Located in the Area’s Premier Retail Corridor, National Tenants Surrounding Property: Meijer, Home Depot, Dicks, Bed Bath & Beyond, Best Buy, Kohls, Walgreens, Wendy’s , McDonald’s, Taco Bell, Target, CVS, Party City, 7-Eleven, Family Dollar, and More