Offering Memorandum
Investment Sale
Mattress Firm & Motif Jewelers
21838-21840 Eureka Rd
Taylor, Michigan
Taylor, Michigan
eCode:028i
Sales Price
$2,789,723
NOI
$181,332
Cap Rate
6.50%
Building Size
6,806 SF
Lot Size
0.90 AC
Year Built
2018 (Redeveloped)
Zoning
B2-Regional Business District
Tenant Roster
- Mattress Firm
- Motif Jewelers
Traffic Count
Eureka Rd (32,433 CPD)
Racho Rd (7,300 CPD)
Highlights
- Recent Development & Long Term Leases
- Base Term Rent Increases
- Mattress Firm Corporate Guaranty
- Hard Corner of Eureka Rd & Racho Rd with Traffic Light
- Strong Regional Trade Area
- Strong Demographics
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 4,001 | 69,614 | 215,336 |
| Household Income | $75,274 | $70,429 | $75,016 |
| Daytime Pop | 4,998 | 35,189 | 76,579 |
SIMILAR PROPERTIES
Multi-Tenant
7848 Mall Rd & 7852 Mall Rd
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Florence, Kentucky
Smokey Bones: $1,909,492
BJ's Brewhouse: $2,218,333 | Smokey Bones: 7,200 SF
BJ's Brewhouse: 8,500 SF
Multi-Tenant
11400-11500 Telegraph Rd
Taylor, Michigan
Unpriced | 83,964 SF
Taylor, Michigan
Unpriced | 83,964 SF
