Romulus, Michigan48174
| 12669 sqft | MLS# 215112947
Sold $500,000
Description
Great investment opportunity with National Tenant (Traction Heavy Duty Parts). Traction Heavy Duty Parts is a wholly owned subsidiary of Genuine Parts Company. THEY ARE THE PREMIER HEAVY DUTY PARTS DISTRIBUTOR IN THE US. They have been a tenant there since 2009 and is their busiest store in Michigan. This investment has a cap rate of 12.3% with a NNN lease. New roof (rubber rolled) approximately 4 years ago with 20 year warranty. Expansion is possible. PLEASE DO NOT DISTURB TENANTS! All information is estimated and should be verified.