4335 Pierson RdFlint, MI 48504

For Sale
$750,000

High-traffic, NNN-leased QSR

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a freestanding Charley's Cheesesteaks restaurant in Flint, Michigan. Boasting a prime location on a high-traffic I-75 entry/exit ramp, this 3,196 square foot property sits on a 1.6-acre lot (69,801 sq ft), offering significant visibility and accessibility. The building, constructed in 1985 and extensively renovated in 2022, features a convenient drive-thru and benefits from prominent signage, including a large pylon sign and storefront signage. The property is zoned C-2 and operates under a 10-year absolute net lease with nine years remaining, minimizing landlord responsibilities. The single-tenant building is part of a larger 1-unit property, offering a stable and predictable income stream. The asking price is $750,000, translating to $234.67 per square foot. This location is also conveniently situated on a bus line, further enhancing its accessibility and potential customer base. The property's strong tenant, favorable lease terms, and strategic location make it an attractive investment for discerning buyers seeking a low-maintenance, high-return opportunity. The APN is 14-33-100-028.

Highlights

  • Ten-year absolute net lease with nine years remaining.
  • High-traffic location at I-75 on/off ramp.
  • Newly renovated (2022) free-standing Charley's Cheesesteaks building with drive-thru.
  • 1.6-acre site with 3,196 square feet building.
  • Drive-thru available.
  • Located on a bus route.

Property Details for 4335 Pierson Rd

Property type
Other retail properties, Individual retail properties
Square Feet
3,196 SF
Year Built/Renovated
1985/2022
Buildings
1
Stories
1
Units
1

Location Insight

City
Flint
County
Genesee
State
Michigan
Latitude
43.06010982816
Longitude
-83.766094620287
4335 Pierson Rd, Flint, Michigan

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4335 Pierson Rd
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