4218 Grand River Avenue

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4218 Grand River Avenue

Howell, MI 48843
Asking Price
$995K
Asset Type
Retail
Class
Class B

What's Special

4218 Grand River Avenue is located in Howell, Michigan, situated along a primary commercial corridor that connects the city center to the surrounding residential neighborhoods. The area is characterized by a mix of established retail centers, professional offices, and local services. Nearby amenities include national grocery chains, fast-food restaurants, and medical facilities. The property benefits from high visibility and direct access to Grand River Avenue, with proximity to the I-96 interchange, providing regional connectivity to Lansing and Detroit. The property is suited for a variety of retail applications, including boutique shops, specialty services, or small-scale showrooms. The layout and location cater to tenants seeking consistent vehicular traffic and a growing local consumer base. Typical tenants for this asset type include neighborhood service providers, fitness studios, or retail franchisees. The site offers functional space for businesses requiring a combination of front-facing retail area and rear administrative or storage space.

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NOI
$80,000
Cap Rate
8.04%
DSCR
1.35
Strong
Cash-on-Cash
7.01%
Monthly Payment
$4,922.717
Annual Cash Flow
$20,927.395

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