34,848 Square Foot Retail Space For Sale @ 6320 Sashabaw Rd
6320 Sashabaw Rd, Clarkston, MI 48346
To view listing contacts please sign in with your Pro account or create a pro account.
Simon J.
Company: requires Pro account
Email: requires Pro account
Phone: requires Pro account
.Standard & Poor's Rated A- | Stable Investment Grade Credit Rating
. Largest Coffee House in the World
. New Construction Corporate Starbucks
. Assumable Loan At Attractive Interest Rate: 3.86%
. Latest LEED Designed High Image Prototype with Drive-Thru
. 10 Year Lease with Minimal Landlord Responsibilities | No Termination Clause
The Jonna Group of Marcus & Millichap is pleased to present a new construction single-tenant net-leased Starbucks located in the vibrant city of Independence Township, MI. This corporate backed new prototype Starbucks with drive thru is comprised of 1,948-square feet. Starbucks has signed a new 10 year lease with 4 (5) year options. The .8 acre lot is situated on the heavily trafficked crossroads of Sashabaw and Waldon, less than a mile away from Interstate 75 (75,000+ VPD). Starbucks occupies the 1,948-square foot building under a newly inked 10 year lease with minimal landlord responsibilities. The incoming investor has the ability of acquiring the attractive assumable loan on the property that includes future income growth in each of the 4 - 5 year options. This exceptional investment provides an investor strong stable cash flow from the largest coffee retailer in the world in one of the most preferred counties in the Midwest - Oakland County.
The subject site is just south of one of Oakland County's main entertainment venues DTE Energy Music Theatre. Surrounding Retailers Include: Dollar Tree, Dunkin Donuts, Tropical Smoothie, Shell, Sherwin Williams, Culver's, Hungry Howie's, Taco Bell, Ruby Tuesday, and many more.