86,248 Square Foot Retail Space For Sale @ 4750 Dixie Hwy
4750 Dixie Hwy, Waterford, MI 48329
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Simon J.
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. JPMorgan Chase & Co. Standard and Poor's A-2 Rating
. Corporate-Backed Absolute NNN Lease with Drive Thru; No Landlord Responsibilities
. 4th Highest Deposits of all Banks in Waterford, MI
. 3% Annual Rental Income Increase
. Extremely Low Rents; Tenant to Invest In Latest Interior Design
The Jonna Group of Marcus & Millichap is pleased to exclusively present this fee simple Chase Bank offering located in Waterford, MI, within affluent Oakland County. The Chase Bank is a corporate backed absolute NNN lease with no landlord responsibilities. Chase Bank has approximately 5 years remaining on its base term, each year features a 3% annual increase.
The property consists of 1.98 acres of land which is strategically situated on Dixie Highway (27,800 VPD). Chase Bank benefits from the many points of ingress/egress, having four points of access via Floradale Road and one off of Dixie Highway. The site can also be reached from Walton Blvd via Floradale Road.