4069 Navarre Avenue

Retail-Commercial for Sale
Catylist Listing ID: 30022555
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 13,650 SF
Gross Land Area: 1.64 SF
Sale Price: $2,750,000
Unit Price: $201.47 PSF
Ceiling: 24 ft.
Property Use Type: Investment, Business
Usable Size (USF): 13,650 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/19/2017

Overview / Comments

Energy efficient shop area with 2 Clean Burn waste oil furnaces and a 2,000 gallon waste oil tank. Three natural gas furnaces for the shop area as a back-up system. Natural gas costs are very low - less than $100.00 per month.
Energy saving light fixtures. The parking lot lights were changed over to LED in 2014. The shop area lighting was changed over to all LED fixtures in 2015. The interior office area of Dan R’s was changed to LED lighting in 2016. The beauty salon had all the fixtures changed in August, 2016 to LED fixtures.
The bay depth is 35 feet to accommodate oversized vehicles.
All service bays have 12,000 pound lifts with the exception of Bay #3 - it has a 14,000 pound lift.
The ceiling height is 24 feet.
All overhead doors have electric door openers and remote controls. The doors are also powered by one circuit which is shut off at night for security purposes.
The shop floor is epoxy paint for easy cleaning.
The east end of the building is expandable.
The all glass front of the building is energy efficient e–glass. The all glass front is very appealing visually.
There is a large sign out front that includes a new digital sign that was installed in 2013.
The frontage area is one of the largest on Navarre Avenue in the area between Coy and Lallendorf.
All the shop air lines are aluminum piping which keeps moisture from contaminating the lines.
There is an overhead reel system that dispenses oil product from three 275 gallon tanks.
All lifts have 110/220 plugs on the sides and air lines. The 220 plug is set up for a welder.
There is an oversized oil interceptor system underground that meets EPA requirements for the floor drains. It was cleaned in 2013.
Digitally enhanced security system with 8 cameras, monitoring system and hold up button. Each suite has an existing alarm system.
Complete locker room with ADA compliant shower in Dan R’s Suite.
Complete kitchen/lunchroom for the employees in Dan R’s Suite.
Dan R’s Automotive is a turn key operation with over 5000 clients in their data base.
State of the art shop equipment – newer Hunter Alignment System (2 years old) Newer tire machine and wheel balancer (1 year old)
The parking lot was sealed and striped in September 2016.
Long term tenants in the building.
There is an extra electric meter base for another service.
Firewall between the shop and retail front area.

Attachments & Media

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $30,027 (Annual)

Additional Details

Nearest MSA: Toledo
County: Lucas
Taxing Authority: Lucas County
Tax ID/APN: 44-18616
Zoning: C-1 NEIGHBORHOOD COMMERCIAL
Property Located Between: Coy Road and Lallendorf Road
Property Visibility: Excellent
Largest Nearby Street: Lallendorf Road
Feet of Frontage: 330
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 13,650 SF
Property Condition: Excellent
Year Built: 2002
Roof Type: Other
Construction/Siding: Other
Exterior Description: Metal
Total Parking Spaces: 90
Parking Type: Surface
Heat Type: Natural Gas, Oil
Zoning Description: C-1 Neighborhood Commercial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,941 34,263 105,015
Median Age: 46.22 39.04 35.68
Households: 1,543 13,623 40,883
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