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Auction: March 9 | 1:00 PM EST

Well maintained - 35,461 gross sf - 45 parking spaces
Partially leased to JPM Chase (2012 lease expiration)
Near river-housing-retail - Clean open vacant area - 3 dock high load doors

This is a rare opportunity to acquire investment property in the Riverwalk Section of Detroit, Michigan. The property boasts more than 35,000 SF with 45 parking spaces, zoned SD-4. Approximately 7,700 SF currently leased to JPM Chase with 12 years remaining on the lease. Remaining space consists of approximately 27,800 SF of open area with 12 ft ceilings, 500 SF office space and 3 dock high loading doors. The property, located on a major retail block in Detroit, is well maintained, very secure and close to major freeways. Motivated REIT seller is skipping the brokerage step and moving directly to auction. They have sold 10 other properties in 2009 and have a history of selling for market value. Showings are by appointment only. Full Information Package available with signed Non-Disclosure Agreement. Property Location:
3300 East Jefferson Ave.,
Detroit , MI 48207

Richard F. Kruse, Auctioneer
877-5-Gryphon (877-547-9746)
United Country
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