Listed by CMP Real Estate Group
$656,871
Secor Plaza
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 8,440
Cap Rate 8.50%
NOI $56,729
Tenancy Multi
Price per SqFt $78
Acreage 0.820
Zoning C-R
Parking Spaces 20 spaces
Parking Per SqFt 2.37
Retail | 8.50% CAP | 8,440 SF
Marketing description
For Sale
Investment highlights
- A fully occupied neighborhood shopping center situated on Secor Road, with traffic volumes surpassing 20,000 vehicles per day (VPD).
- Located on Secor Road just south of W. Alexis Road and the Ohio/Michigan state line.
- The center features a diverse mix of established tenants, creating excellent retail synergy throughout the property.
- Excellent Value Add Opportunity.
- Parking in front of building with additional parking lot behind the center.
Listing Contacts
Listed by CMP Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$56,729.25
$4,727.44/mo
Valuation Metrics
0
DSCR
8.64%
Cap Rate
8.64%
ROI
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