Listed by Landmark Commercial Real Estate Services
$7,340,385
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
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
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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