1818 N OLD US 23

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1818 N OLD US 23

howell, MI 48843
Asking Rate
Contact for rate
Asset Type
Retail
Class
Class B

What's Special

1818 N Old US 23 is situated in Howell, Michigan, positioned along a primary commercial corridor with direct visibility from US-23. The surrounding neighborhood features a blend of established residential communities and professional business parks. The location offers immediate access to the M-59 interchange, facilitating regional transit between Howell, Brighton, and the greater Lansing area. Nearby amenities include high-traffic national retailers, grocery anchors, and local dining establishments, contributing to steady consumer activity within the immediate vicinity. The property is well-suited for a variety of retail applications, including boutique showrooms, service-oriented franchises, or high-exposure specialty shops. Ideal tenants typically include destination retailers or neighborhood service providers that benefit from the corridor's consistent daily traffic counts. The building’s configuration supports businesses requiring roadside prominence and easy customer ingress and egress. Its proximity to both residential density and major commuter routes provides a stable environment for enterprises targeting local and regional demographics.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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