3000 Packard StAnn Arbor, MI 48108
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Explore this investment property featuring a Little Caesars franchise and a boxing gym, offered at $650,000. The 3,348 sq. ft. building generates a net income of approximately $42,000 annually, with the pizzeria contributing $3,300 in monthly rent. The Little Caesars is secured with a five-year lease and options to renew for up to 15 years, with annual rent increases. The boxing gym operates on a month-to-month lease, providing flexibility and potential for increased rental income. All operating expenses are covered by the tenants. This property represents a solid investment opportunity with growth potential.
2 weeks ago | Listing updated with changes from the MLS® | |
4 months ago | Status changed to Active | |
4 months ago | Listing first seen on site |
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