Freestanding Bank Lease
1318 E Bristol Rd Burton, MI 48529
1318 E Bristol Rd, Burton, MI, 48529
$1,309,091
For Sale
$1,309,091
Freestanding 1,853 SF bank building with a new 10-year absolute NNN lease to Huntington National Bank.
Property Size1,853 SF
Price / SF$706.47
Days on Market79
Property Features for 1318 E Bristol Rd
General Information
- Standard status
- Active
- Size
- 1,853 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1972
Listing agency
APEX Commercial Real Estate Advisors
(248) 579-5042
Listed by
Ayson Shammami · License #6501443637
(248) 579-5042
Source
Cpix.resimplifi
Added: May 6 Updated: Jul 22 at 6:25AM Checked: Jul 22 at 6:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of APEX Commercial Real Estate Advisors
Investment Insights
Based on property information with market context.
This offering includes an existing freestanding building constructed in 1972 with approximately 1,853 square feet. The property is being placed under a brand new 10-year absolute NNN lease, with the new lease commencing September 1, 2026. The tenant has occupied the location for over 45 years, and The Huntington National Bank is the investment-grade tenant.
The lease structure is described as absolute NNN, with the tenant responsible for roof, structure, HVAC, taxes, insurance, and CAM, reducing operational responsibilities for ownership. The arrangement also includes built-in rent growth with an attractive 10% increase in the extended term, as well as multiple renewal options. The offering highlights three additional 5-year renewal options to potentially extend the lease term through 2051.
The property is positioned along Bristol Road, with the materials citing approximately 22,000+ VPD, and immediate proximity to I-475, with approximately 45,000+ VPD, supporting consistent visibility and accessibility. The underlying real estate is described as zoned M-1, allowing for a wide range of commercial and light industrial uses.
The lease structure is described as absolute NNN, with the tenant responsible for roof, structure, HVAC, taxes, insurance, and CAM, reducing operational responsibilities for ownership. The arrangement also includes built-in rent growth with an attractive 10% increase in the extended term, as well as multiple renewal options. The offering highlights three additional 5-year renewal options to potentially extend the lease term through 2051.
The property is positioned along Bristol Road, with the materials citing approximately 22,000+ VPD, and immediate proximity to I-475, with approximately 45,000+ VPD, supporting consistent visibility and accessibility. The underlying real estate is described as zoned M-1, allowing for a wide range of commercial and light industrial uses.
Key Highlights
- Freestanding 1,853 SF building built in 1972 with existing operating history and established tenancy
- New 10‑year absolute NNN lease to The Huntington National Bank (tenant occupancy for 45+ years)
- New lease commencing September 1, 2026; tenant has responsibilities for roof structure, HVAC, taxes, insurance, and CAM
Property Analytics
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
NNN property - Freestanding 1,853 SF bank building with a new 10-year absolute NNN lease to Huntington National Bank.
Where is this nnn property located?
The property is located at 1318 E Bristol Rd Burton, MI.
What is the asking price?
The asking price for this property is $1,309,091.
What are key features of this property?
This property features: Freestanding 1,853 SF building built in 1972 with existing operating history and established tenancy; New 10‑year absolute NNN lease to The Huntington National Bank (tenant occupancy for 45+ years); New lease commencing September 1, 2026; tenant has responsibilities for roof structure, HVAC, taxes, insurance, and CAM
