Chase Bank

5541 Sashabaw Rd, Clarkston, MI 48346

  • For Sale $2,262,700
  • Property Type Retail - Freestanding
  • Property Size 4,397 SF
  • Lot Size 1.14 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 2007
  • Date Updated Sep 1, 2024
The City of the Village of Clarkston, Michigan is located in Oakland County, approximately halfway between Detroit and Flint. Established in 1832, the City of the Village of Clarkston features historic charm in the heart of Oakland County. A northern suburb of Detroit, located about 34 miles northwest of downtown Detroit, Clarkston is surrounded by Independence Township, but administered independently since its incorporation in 1992. I-75, Dixie Highway, and M-15 are major thoroughfares for the area. Clarkston’s downtown has been designated a National Historical Site and features a picturesque main street lined with unique shops, eateries and businesses. Throughout the year Clarkston is host to several events including concerts in Depot Park, parades, festivals, and an art fair. The historic homes in the city reflect Clarkston’s heritage, giving the community an air of timeless elegance. The 36-square-mile area of Independence Township surrounding the quaint village of Clarkston offers the beauty of country living with the conveniences of a modern city. With Depot Park and Deer Lake Beach within its limits, and a county park (Independence Oaks) nearby, Clarkston offers families ample leisure time activities. Clarkston is home to award-winning Shepard's Hollow golf course which features a 27 hole, 350 acre golf course. It has been named as a Top 40 Public Golf Course in the United States. Pine Knob Music Theatre located in Clarkston is Michigan’s primary and most popular amphitheater. It is ranked among the top amphitheaters in the world and is a preferred venue for many of the nation's top touring acts. The venue has a capacity of over 15,000 and is known as one of the most attended amphitheaters in the country.Introducing 5541 Sashabaw Rd, Clarkston, a prime opportunity for retail investors. This impressive 4,397 SF building, erected in 2007 and zoned CM, promises enduring value. Boasting 100% occupancy, this well-maintained property offers a compelling investment proposition in the sought-after Clarkston area. With a strong tenant base in place, this free-standing building ensures immediate income generation and future potential. Don't miss the chance to add this high-performing asset to your portfolio.

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Highlights

  • Absolute NNN Ground Lease - Zero Landlord Responsibilities - 10 +/- Years Remaining with Increases of 10% Every 5 Years
  • Tenant Extended for 10 Years in June '24 - Exhibits a Strong Commitment to the Location
  • Corporate Lease | JP Morgan Chase Bank, N.A. | 4,700 locations Worldwide
  • Investment grade credit | A+/A2 | Location Reports $180MM in Deposits (Per FDIC)
  • 4,397 Square Foot Drive Thru Equipped Bank Branch Located on 1.04 Acres of Land
  • Build to Suit for Tenant in 2007
  • Well Located on Heavily Traveled Sashabaw Road in the Upscale Suburb of Clarkston
  • Very Strong Demographics - $125K+ HH Income within a 3 Mile Radius
  • Clarkston is a Strong and growing Detroit Suburb
  • In Close Proximity to Numerous National Tenants, including Kroger, CVS, Wendy's, McDonald's and Many More

Contacts

broker

Sal Yaldo

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    56/100 Somewhat Walkable
  • Bike Score ®

    49/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Clarkston, MI
  • Zip Code 48346
  • Market Detroit

Points of Interest

  • Pontiac

    7.51 miles

  • Citgo

    0.10 miles

  • Kroger

    0.22 miles

  • WOW!

    0.62 miles

  • Shell

    0.91 miles

  • Mobil

    1.31 miles

  • Sunoco

    1.67 miles

  • Speedway

    1.71 miles

  • Loves Furniture & Mattresses

    2.00 miles

  • Auburn Hills, MI Supercharger

    4.70 miles

  • Sun Country

    4.72 miles

  • RMHA Pool Parking Lot

    2.99 miles

  • Fish Hatchery parking

    3.39 miles

  • Orion Oaks County Park

    4.18 miles

  • Waterford Schools Bus Garage

    4.52 miles

  • North Meadowlark Parking Lot

    5.19 miles

  • South Meadowlark Parking Lot

    5.23 miles

  • truck parking

    5.60 miles

  • car parking

    5.60 miles

  • Handicap Accessible Parking Only

    5.62 miles

  • Wendy's

    0.09 miles

  • McDonald's

    0.11 miles

  • Tubby's

    0.61 miles

  • Hungry Howie's

    0.70 miles

  • Leo's Coney Island

    0.77 miles

  • Dunkin' Donuts

    0.79 miles

  • Little Caesars

    0.80 miles

  • Sagano Steakouse & Sushi

    0.86 miles

  • Ruby Tuesday

    1.30 miles

  • Culver's

    1.37 miles

  • Big Lots

    1.62 miles

  • Kroger

    1.84 miles

  • Tenuta's Food Lane

    2.08 miles

  • Rudy's Quality Market

    2.27 miles

  • Neimans Family Market

    2.45 miles

  • Kohl's

    3.58 miles

  • ALDI

    4.07 miles

  • TJ Maxx

    4.12 miles

  • Burlington

    4.24 miles

  • Great Lakes Crossing Outlets

    4.25 miles

Frequently Asked Questions

How much does Chase Bank cost?

The space currently listed for sale at Chase Bank asks for $2,262,700.

What is the total square footage of Chase Bank?

Chase Bank totals 4,397 square feet.

When was this property built?

Chase Bank was built in 2007.

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Contact Listing Broker

broker

Sal Yaldo

Encore Real Estate Investment Services