Citizens Bank NNN Investment
23455 Eureka Rd, Taylor, MI 48180
Citizens Bank in Taylor, MI with long-term commitment to location.
Type:Retail
Property size:
4,069 SFLot size:
0.63 AcresPrice / SF:
$482/SF- Added:
- Nov 4, 2025
- Days on Market:
- 189
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 23455 Eureka Rd
General Information
- Standard status
- Active
- Size
- 4,069 SF
- Lot size
- 0.63 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1995
Listing agent Ashish Vakhariya License #MI 6501322501
Listing office Marcus & Millichap - Detroit
Listing date Nov 4, 2025
Source Crexi
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 Marcus & Millichap - Detroit
HighLights
- Absolute Net Lease with Citizens Bank (S&P: BBB+ / Moody’s: Baa1), providing stable income.
- Strong location with HIGH VISIBILITY and traffic counts.
- Proven branch performance: Ranked in the top 15% nationally and #3 in Michigan for foot traffic.
- Tenant commitment: Citizens Bank recently exercised its first five‑year renewal option.
- Favorable lease terms: Includes two percent annual rental increases.
- Prime retail market: Situated within a dense retail corridor.
Overview
The property features a Citizens Bank branch situated on a 0.63-acre lot in Taylor, Michigan. It includes ample parking, four drive-thru lanes, and an ATM. The tenant operates under an absolute net lease with two percent annual rental increases throughout the remaining lease term and renewal options. Citizens Bank recently exercised its first five-year renewal option. The branch ranks in the top 15 percent nationally for foot traffic and is the number three location for the state of Michigan. The bank benefits from high visibility and convenient access off Eureka Road (31,438 VPD), near Telegraph/US-24 (56,828 VPD), and Interstate-75 (92,952 VPD). The property is shadow-anchored by major retailers including Dick’s Sporting Goods, PetSmart, Airborne Adventure Park, and Party City. The property is located in a prime retail market with over 3.4 million square feet of retail within a one-mile radius and 14.7 million square feet within a five-mile radius. The area features a variety of national retailers such as Target, Hobby Lobby, Value City Furniture, Burlington, Kohl’s, Bob’s Discount Furniture, Home Depot, BJ’s Wholesale, and Menards, as well as numerous car dealerships and restaurants. This market is further supported by a robust industrial presence, encompassing over 28.3 million square feet within five miles. The City of Taylor is located in Wayne County, Michigan, and is part of the Downriver region of Metropolitan Detroit. Taylor benefits from its strategic location at the intersection of major transportation routes such as I-94 and I-75, as well as US-24 (Telegraph Road). There are over 190,777 residents with an average household income exceeding $84,346 within five miles of this asset. The property size is 4,069 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Charter Financial Group
Financial Advisor
Citizens Bank ATM
Atm
Citizens
Bank
Location Insight
- Map
- Local Demand
- City
- Taylor
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2608085
- Latitude
- 42.1972856
Nearby Similar for Sale
FAQs
What type of property is this?
Bank - Citizens Bank in Taylor, MI with long-term commitment to location.
Where is this bank located?
The property is located at 23455 Eureka Rd Taylor, MI.
What is the asking price?
The asking price for this property is $1,961,500.
What are key features of this property?
This property features: Absolute Net Lease with Citizens Bank (S&P: BBB+ / Moody’s: Baa1), providing stable income.; Strong location with HIGH VISIBILITY and traffic counts.; Proven branch performance: Ranked in the top 15% nationally and #3 in Michigan for foot traffic.
