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26417 Hoover Rd
Warren, MI 48089
Asking Price
Contact for price
Asset Type
Grocery Store Retail
Class
Class B
What's Special
Value Add Grocery Anchored Center <p><strong>DOMINANT GROCERY ANCHOR</strong></p><ul><li>Anchored by Kroger with an operating history of over 50 years at the Hoover Eleven Shopping Center. The full-service grocery store also offers pharmacy, The Little Clinic, Kroger Fuel and online pickup. This diversification of services along with their long term tenancy demonstrates Kroger’s commitment to the location.</li></ul><p></p><p><strong>ACCESS & VISIBILITY</strong></p><ul><li>Located along the heavily traveled Hoover Road (25,437
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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
