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22150697

2618 W Michigan Ave, Kalamazoo, MI 49006

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services
$7,340,385
456 days on market
Updated 30 days ago

Campus Pointe

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 28,050
Cap Rate 7.00%
NOI $513,827
Occupancy 100%
Tenancy Multi
Brand/Tenant Subway, Dominos Pizza (+2)
Lease Type NNN
Year Built 1983
Year Renovated 2005
Buildings 2
Stories 1
Acreage 3.010
Zoning CN-1

College Campus Retail Center | Western Michigan University | 28,050 SF

Marketing description

Landmark Investment Sales is pleased to present the opportunity to acquire Campus Pointe, a premier retail location on the campus of Western Michigan University, with over 4,000 student housing and apartment units within 0.25 miles of the center.

Investment highlights

  • Premier Retail Location on Campus of Western Michigan University

  • New University Driven Development

  • Captive Shopper Audience

  • Diverse Service-Focused Tenant Line Up

  • Kalamazoo: Fast Growing Innovative City

Listing Contacts

ML
MI MI 6501395927
Landmark Commercial Real Estate Services
EN
MI 6501456898
Landmark Commercial Real Estate Services
DK
MI 6502361395
Landmark Commercial Real Estate Services
JG
MI 6501378141
Landmark Commercial Real Estate Services
Listed by Landmark Commercial Real Estate Services

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$513,827.00
$42,818.92/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Max Lippitt
License
MI 6501395927
Brokerage
Landmark Commercial Real Estate
Brokerage Phone
2485148156
Name
Eli Neuman
License
6501456898
Brokerage
Landmark Commercial Real Estate
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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