Listed by Landmark Commercial Real Estate Services
$9,000,000
Fort Gratiot Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 86,923
Cap Rate 8.15%
NOI $734,361
Occupancy 91.03%
Tenancy Multi
Brand/Tenant Harbor Freight, CSL Plasma
Lease Type Modified
Year Built 1980
Year Renovated 1999, 2015, 2016, 2017
Buildings 2
Stories 1
Acreage 8.080
New National Soft Goods Tenant Coming Soon
Investment highlights
New National Soft Goods Tenant LOI - Entire Dark Gander Mountain Space
Strong Credit Tenant Line-Up
Priced Well Below Replacement Cost / Below Market Rents
Stable Tenancy & Income Stream
CAPEX Improvements
Regional Mall Location/Barriers to Entry
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$734,361.00
$61,196.75/mo
Valuation Metrics
0
DSCR
8.16%
Cap Rate
8.16%
ROI
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