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32406 Franklin Rd Franklin, MI 48025

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1,827 SF building occupied by US Post Office since 1978.

Property size:
1,827 SF
Lot size:
0.27 Acres

Property Features for 32406 Franklin Rd

General Information

Standard status
Active
Zoning
C-1
Size
1,827 SF
Lot size
0.27 Acres

Building Details

Year built
1978

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Listing Contact
Doug Passon
Doug Passon
Source: Crexi

Listing Agency: Fortis Net Lease Listing Agent: Doug Passon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Franklin, MI US Post Office

This 1,827 SF building, constructed in 1978, has been occupied by the US Post Office since construction. The tenant has no identifiable sites to which they can ever relocate due to the historical designation of Franklin Road. The common area maintenance (lawn and snow) is managed and paid directly by USPO. The landlord pays for capital replacements and repairs to the premises as well as the property insurance and real estate taxes, which are then 100% reimbursed by the tenant. There are 10% rent bumps in remaining five-year options to renew the term. Investing in commercial property on Franklin Road in the Village of Franklin, MI, presents a unique opportunity due to the area's blend of historic charm and strategic location. Franklin is known for its well-preserved 19th-century architecture and a strong sense of community, attracting both residents and visitors seeking a quaint village atmosphere. Franklin Road serves as a central thoroughfare, providing excellent visibility and accessibility for businesses. Franklin, Michigan, is a picturesque village in Oakland County, approximately 20 miles northwest of Detroit. Established in 1825 and named after Benjamin Franklin, it is renowned for its well-preserved 19th-century architecture and tranquil ambiance. As of the 2020 census, Franklin had a population of 3,139, characterized by spacious estate-style homes and verdant, tree-lined streets. Franklin's charm is further enhanced by its array of local attractions, including the Franklin Cider Mill, established in 1837, the Franklin Historical Museum, and the Franklin Village School. Franklin Community Park offers recreational facilities including playgrounds, tennis and basketball courts, and picnic areas.
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Gym & Fitness Center Pharmacy Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Franklin
County
Wayne
State
Michigan
Longitude
-83.2664
Latitude
42.5206

FAQs

What type of property is this?
Storefront property - 1,827 SF building occupied by US Post Office since 1978.
Where is this storefront property located?
The property is located at 32406 Franklin Rd Franklin, MI.
What are key features of this property?
This property features: - Tenant is the US Post Office, providing **stable, reliable income**.; - Tenant reimburses 100% of property taxes and insurance.; - Tenant handles all common area maintenance (lawn and snow).
More about this property
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