35676 VAN BORN RD WAYNE MI 48184-2452

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35676 VAN BORN RD WAYNE MI 48184-2452

Wayne, MI 48184-2452
Asking Price
$475K
Asset Type
Retail
Class
Class B

What's Special

35676 Van Born Road is situated in a commercial corridor within Wayne, Michigan, approximately five miles west of Detroit Metropolitan Airport. The neighborhood features a mix of industrial facilities, residential subdivisions, and service-oriented retail. The property offers direct frontage on Van Born Road, a primary east-west artery, with proximity to the I-275 and I-94 interchange for regional logistics. Nearby amenities include national dining chains, automotive services, and neighborhood parks. The location is well-suited for high-visibility retail operations, such as specialty showrooms, convenience stores, or independent service providers. Given the surrounding residential density and heavy commuter traffic, the asset aligns with the needs of tenants requiring easy vehicular access and signage exposure. Ideal occupants include essential service retailers or trades seeking a central hub within the Western Wayne County submarket.

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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