3489 Miller Road $1,750,000

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    3489 Miller Road Flint, MI 48503

    • 10,400 sq. ft.
    • 3.56 Acres
    • Commercial Sale
    • MLS# 21556902
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    Views: 1945 Days On Market: 501

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    Property Details

    Subject property includes a 10,400 SF single story, free-standing retail building designed specifically for Chuck E Cheese's. The asset is secured by an Absolute Net Lease from Chuck E Cheese's who recently signed a new 5 year lease extension starting May 1st, 2016. Rent adjusts to $132,000 per year during the extension. The lease is guaranteed by CEC Entertainment, Inc. (NYSE: CEC), S&P Rated B, with a market cap of $1.0B. Property is located in the heavily traveled Miller Road commercial corridor of Flint Township, Michigan and shadowed by Target. Interstate I-75 lies just east of the property and Bishop International Airport just south. Population exceed 160,000 within a 5 mile radius. Property is located in the Charter Township of Flint and receives it's water from the Detroit Water System.

    • General Features
      • Ownership Private
      • County Genesee
      • Area Municipality 25006
      • Acreage 3.56
      • Waterfront Y/N No
      • Year Built 1982
      • Originating MLS East Central Association
    • Building Features
      • Exterior Construction Brick, Vinyl Siding
      • Roofing Flat
    • Property Features
      • Water Public Water
      • Sewer Septic Public Sanitary
      • Parking 100+
      • Lot Size 349x607x51x523

    Contact

    Debbie Upleger

    Debbie Upleger

    Office Owner/CDPE

    RE/MAX Town & Country

    Cell: 810-813-8000

    Neighborhood

    48503 (Flint) Demographics

    37 Median Age
    3,158 Population Density (per sq. mile)
    27% College Educated
    $25,321 Estimated Median Income
    6,163 Estimated Total Home Owners
    5,085 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    25,902 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $94,000 Median Sales Price
    4 Homes Sold
    67 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,750,000
        2/28/2019 5:40:00 PM New in Database Source

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.