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    451 W 14 MILE Road

    Madison Heights, MI 48071
    • $4,800,000
    • STATUS: Active
    • ON SITE: 126 days
    • ID#: 2210037415
    UPDATED: 66 min ago
    $4,800,000
    • 0
      BEDS
    • 1.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,852
      SQFT
    • $820
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2003
    County:
    Zoning:
    Commercial
    Lot Size Dimensions:
    425.00X136.00

    School Ratings & Info

    School District:

    Description

    Absolute Net Lease. Zero responsibility for the landlord. Global tenant who has occupied the property since 2003. Three years remaining on the lease with two five-year options to extend. One-third of the property is still vacant for huge potential income from warehouse building or additional tenants.Jared, The Galleria of Jewelry is located across from Oakland Mall, a 1,500,000 SF center anchored by Macys, At Home, and JCPenney.All measurements approximate. Agent to verify.

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-24T16:00:52.3.
    www.dannovakproperties.com/homes/117417516
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    451 W 14 MILE Road Madison Heights, MI 48071

    • Price: $4,800,000
    • Status: Active
    • Updated: 66 min ago
    • ID#: 2210037415
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.29
    Acres
    5,852
    SQFT
    $820
    $/SQFT
    2003
    Built
    Neighborhood:
    John R Clawson Sub
    County:
    Oakland
    Area:
    Madison Heights
    School District:
    LAMPHERE
    Property Description
    Absolute Net Lease. Zero responsibility for the landlord. Global tenant who has occupied the property since 2003. Three years remaining on the lease with two five-year options to extend. One-third of the property is still vacant for huge potential income from warehouse building or additional tenants.Jared, The Galleria of Jewelry is located across from Oakland Mall, a 1,500,000 SF center anchored by Macys, At Home, and JCPenney.All measurements approximate. Agent to verify.
    Exterior Features

    Architecture Level 1 Story Construction Materials BrickStone Foundation Details Slab Foundation Materials BrickStoneOther Lot Size Dimensions 425.00X136.00 Road Frontage Feet 425 Road Frontage Type Class B Waterfront YN No

    Interior Features

    Heating Cooling Central Air Heating Fuel Natural Gas Room Count 0

    Property Features

    Assessment 0 Commercial Type Commercial Current Use Retail Building Encroachment YN No Gross Scheduled Income 0.00 Land Contract YN No Listing Financing CashConventional Monthly Sales 0 Net Operating Income 0.00 Operating Expense 0.00 Ownership Status Private OwnedShort Sale - No Possession At Close Postal City Madison Heights Protection Period 180 Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 25001.0000 Tax Amount Winter 5982.0000 Title Private - Owned Total Tax 30983.0000 Unparsed Address 451 W 14 MILE RD Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Keller Williams Legacy and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-24T16:00:52.3.
     
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    Novak & Associates | Real Estate One
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