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Property profile & analytics
FOR SALE
Commercial real estate

4335 Pierson Rd Flint, MI 48504

1.98 ac lot
Entity Owned 3-yr Hold Free & Clear
Property ID
US43-1750026
Property summary
AI-generated overview

This exceptional investment opportunity presents a freestanding Charley's Cheesesteaks restaurant in Flint, Michigan. Boasting a prime location on a high-traffic I-75 entry/exit ramp, this 3,196 square foot property sits on a 1.6-acre lot (69,801 sq ft), offering significant visibility and accessibility. The building, constructed in 1985 and extensively renovated in 2022, features a convenient drive-thru and benefits from prominent signage, including a large pylon sign and storefront signage. The property is zoned C-2 and operates under a 10-year absolute net lease with nine years remaining, minimizing landlord responsibilities. The single-tenant building is part of a larger 1-unit property, offering a stable and predictable income stream. The asking price is $750,000, translating to $234.67 per square foot. This location is also conveniently situated on a bus line, further enhancing its accessibility and potential customer base. The property's strong tenant, favorable lease terms, and strategic location make it an attractive investment for discerning buyers seeking a low-maintenance, high-return opportunity. The APN is 14-33-100-028.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.98 ac (86,249 SF)
APN 14-33-100-028
UPID US43-1750026
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tomporous Dumpster Rental Flint General Contractor Waste Management Facility
  • VH Enterprises Restaurant Take-out & Catering
  • Charleys Cheesesteaks Restaurant
  • Charleys Cheesesteaks and Wings Take-out & Catering
  • A&W Restaurant Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
4335 W Pierson LLC · 3 yrs held
4335 W Pierson LLC
since 2022
Last sale
$300,000
4 recorded transactions
2022
$300,000
2022
$210,000
2004
$819,440
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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