T-Mobile Absolute-Net
For Sale
Contact for pricing
Pending
50935 Van Dyke, Utica, MI 48317
Brand-new wireless retail property with a long-term absolute-net lease structure and renewal options.
Property SizeContact for details
Days on Market42
Property Features for 50935 Van Dyke
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Buildings
3
Listing Agency:
Marcus & Millichap - Detroit
Listed By:
Richard O'Connor · License #MI 6501206542
Source:
Crexi
Added: Jul 21
Changed: Aug 29
Last Checked: Aug 30 at 11:48PM
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
Investment Insights
Based on property information with market context.
This brand-new T-Mobile property was developed for Wireless Vision, LLC and is subject to a 30-year absolute-net lease. The initial term is 10 years, followed by four five-year options, with lease commencement scheduled for July 1, 2017. A new owner can secure the remaining initial term under the lease structure described.
The property is located at 50935 Van Dyke in Shelby Charter Township, on the west side of Van Dyke. The roadway is identified as a major north-south artery serving southeast Michigan and carries over 21,000 cars per day. The seller prefers a package sale with two additional T-Mobile locations but will consider an individual transaction.
The property is located at 50935 Van Dyke in Shelby Charter Township, on the west side of Van Dyke. The roadway is identified as a major north-south artery serving southeast Michigan and carries over 21,000 cars per day. The seller prefers a package sale with two additional T-Mobile locations but will consider an individual transaction.
Key Highlights
- 30‑year absolute‑net lease
- 10‑year initial lease term with four five‑year options
- Lease commencement: July 1, 2017
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
460
Businesses Nearby
107k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 71%
Superstores 15%
Shops & Services 13%
McDonald's
Dining
24,073 visits/mo
0.2 miles
Burger King
Dining
16,512 visits/mo
0.1 miles
Big Lots
Superstores
16,468 visits/mo
0.2 miles
Tim Hortons
Dining
11,148 visits/mo
0.1 miles
BIGGBY COFFEE
Dining
6,564 visits/mo
0.2 miles
Demographics for 48317, MI
27,864
Population
12,936
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
90%
High-School Grad
12.0 sq mi
ZIP Area
2,322
Density / Sq Mi
$72,465
Median Household Income
$41,895
Median Earnings
$1,227
Median Rent
$248,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Brand-new wireless retail property with a long-term absolute-net lease structure and renewal options.
Where is this nnn property located?
The property is located at 50935 Van Dyke Utica, MI.
What are key features of this property?
This property features: 30‑year absolute‑net lease; 10‑year initial lease term with four five‑year options; Lease commencement: July 1, 2017
