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5425 S Dort Highway

$600,001

South Dort Highway, Grand Blanc Township, MI

Active
Last Updated: 07/02/2024

4.26

Cap Rate

42,783

NOI

Details:
Cap Rate:    4.26%
NOI:    $42,783
Building Size:    4,715 sqft
Lot Area:    0.46 acres
Units:    3
Occupancy:    100%
Year Built:    1997
Zoning:    GC
Floors:    1
Description:

Welcome to this incredible opportunity to own a thriving liquor store in a prime location with over 200 feet of frontage on Dort Highway. With a liquor license, lottery, and carry-out, this store is the go-to destination for all the area's beverage needs.

Welcome to this incredible opportunity to own a thriving liquor store in a prime location with over 200 feet of frontage on Dort Highway. With a liquor license, lottery, and carry-out, this store is the go-to destination for all the area's beverage needs.

The liquor store occupies 2700 square feet of space, offering ample room for displaying a wide selection of beer, wine, and spirits. The store has a proven track record of success, generating an impressive revenue of $960,000 annually.

In addition to the liquor store, this property includes two tenants who occupy 900 square feet each of space, at $925 and $950 per month NNN. The lease term for the $925 tenant ends in 2025, and the $950 tenant ends in March of 2025 providing a steady income stream. 

The location of this liquor store is unbeatable, situated in a high-traffic area with excellent visibility and easy access for customers. The store is also surrounded by other businesses and residential areas, creating a large and loyal customer base.

This is a rare opportunity to acquire a turnkey liquor store with an established customer base and significant revenue. Don't miss your chance to own this profitable business and take it to the next level. Contact us today to learn more about this fantastic investment opportunity! DO NOT VISIT THE PROPERTY DURING BUSINESS HOURS OR DISTURB TENANTS.

DO NOT VISIT THE PROPERTY DURING BUSINESS HOURS OR DISTURB TENANTS.

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