4335 Pierson Rd Flint, MI 48504
For Sale
1 / 2
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.