//市场描述Friedman Brokerage Company和Ten-X.com将出售位于密歇根州底特律的Warren Connor的画廊,这个多租户社区零售中心的出租面积约±107,650平方英尺。沃伦·康纳(Warren Conner)的画廊自1954年开始建成,自那以后定期进行装修和改造。东华伦大道和康纳街交汇处,中心位于近9英亩的土地上。沃伦·康纳(Warren Conner)画廊是底特律市内最大的购物中心之一,是底特律东部零售服务超过六十年的主要场所。该中心的入住率始终居高不下,拥有由国内和本地品牌认可的零售商组成的多样化的租户名册,这些零售商在贸易区域内拥有强大的和成熟的业务。购物中心分为21个零售套房,大小从800平方英尺到44,388平方英尺。目前的租户包括美洲树,Metro PCS,Foot Locker,Lee Beauty Supply,Rainbow,Citi Trends,由底特律最大和最受欢迎的零售经营者之一Forman Mills坐镇。这家商店是底特律仅有的三家Forman Mills之一。
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NAI Farbman, in association with Ten-X, is pleased to present the opportunity to acquire the Gallery at Warren Conner, on behalf of the seller, via auction on April 9th-April 11th, 2018. The Gallery at Warren Conner is a department store anchored retail center located in Detroit, Michigan. The center has been a staple in it's community since the early 1950's providing the market with a once stop shop for all fashion needs. Many of the tenants have a long tenure at the site, providing stability and cash flow to the successful auction purchaser. Located at the prominent intersection for which it is named, a strong consumer base is provided by the residential nature of nearby neighborhoods as well as the significant industrial employers in the immediate vicinity. The center's most prominent tenants include Footlocker, Footlocer Kids, Metro PCS, Forman Mills, Lee Beauty Supply, and Dollar Tree.
Investment Highlights
- Strong Going-In Cap Rate Available
- Stable, Cash Flowing Asset
- Fashion Oriented Destination Detroit – Community Staple for 50 + Years
- Forman Mills Anchored and Home to Several Other Well Known Fashion Retailers
- Immediate Area Good Housing Stock, Fiat Chrysler Automotive Plant, and Community College
- Majority of Vacant Suites are Between 800 & 2,000 sq. ft. – Highly Desirable & Leasable Sizes for In-Line Retail
- Prominent Location at the Busy Intersection of Warren Avenue & Conner Avenue – Significant & Commanding Frontage on Both Corridors
- Strong Remaining Lease Length on Key Tenants Including Footlocker, Rainbow Apparel, and Citi Trends This property will be auctioned on Monday, April 9 - Wednesday, April 11 . The price displayed is the starting bid amount of $850,000. For information and to register to bid on this property, please visit Ten-X.com.