Harbor Freight

Subject Photo

3652 E Grand River Ave
Howell, MI

Price: $3,973,000
Cap Rate: 6.5%
NOI: $258,246
Building Size: Approx. 19,101 Sq. Ft.
Lot Size: Approx. 2.71 Acres
Status: Available
Type: Single-Tenant / Retail

Investment Overview

  • 19,101+/- SF Building on 2.71+/- Acre Site
  • 11-Year Corp Lease w/ 12% Rent Bump Year 7
  • Located along Grand River Ave (26K VPD), N of I-96 (64K VPD)
  • Adjacent to Cleary University, Meijer, Walmart, Home Depot, BP
  • Grand River Plaza (220,774 S.F) | Livingston Commons (369,737 S.F)
  • Downtown Howell was nominated “Best Main Street” – U.S.A Today
  • Local Events: Fantasy Lights | Melon Festival (50K Visitors/Year)
  • Employers: Tribar | Pepsico | Citizens Insurance | ThaiSummit
  • Howell is located 46-Miles Northwest of Downtown Detroit, IL
  • 3-Mile Radius: Est Pop: 22,186 l Average HH Income:  $91,333
  • Metro Detroit (MSA) | One of the nation’s largest economies