Rayburn Real Estate Properties

16101 E Ten Mile Road | Eastpointe MI 48021

16101 E 10 Mile Rd. Eastpointe, MI 48021
PRICE: $799,000

This two- building strip center on a corner parcel includes 4 tenants which include Little Caesars Pizza and has been a Tenant since 1997. Little Caesars is currently in a 10 year lease with 3-5 year options. There is a Sports Bar Grill  and they have been there for 40 years on a 5 year lease. Hair Salon been there for 5 years and is on a 3 year lease. Office on new 3 year lease.

Advanced Fields

Street Address: 16101 E 10 Mile Rd. Eastpointe, MI 48021
City: Eastpointe
PRICE: $799,000
Unit Price: $74.67 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/7/2018

Listing Information

Building Size(RSF): 10,700 SF
Gross Building Area: See Agent
Total Number of Buildings: 2
Total Number of Stories 1
Property Subtypes: Strip Center
Property Use Type: Investment
Year Built: 1978
Property Condition: Average

Lot Information

Gross Land Area 0.81 Acres

Commercial Listing Fields

Location Details

Nearest MSA: Detroit-Warren-Dearborn
TAX ID/APN: 02-14-19-457-001
Largest Nearby Street: E. Ten Mile Rd
Property Visibility: Average
Retail Clientele: General, Family, Business, Traveler, Recreation

Demographic Statistics

Proximity: 5 miles
Total Population: 424,988
Median Age: 37.83
Households: 166,186