Listed by Horizon Properties
$1,400,000
Mt. Pleasant Strip Center
Details
APN 17-000-17-107-00
Property Type Retail
Sub Type Shopping Center
Square Footage 5,600
Net Rentable (SqFt) 5,600
Units 3
Occupancy 76.25%
Tenancy Multi
Brand/Tenant Wild Bills Tobacco
Lease Type NNN
Pro-Forma Cap Rate 6.07%
Pro-Forma NOI $85,000
Price per SqFt $250
Year Built 1970
Year Renovated 2000
Buildings 1
Acreage 0.690
Zoning CD-5
Parking Spaces 4.82 per 1,000 sq ft
Investment Type Net Lease
Tenant Credit Franchisee
Ground Lease No
Retail | 5,600 SqFt
Marketing description
5,600 SF 3-Tenant Retail Strip Center located on a busy retail corridor.
Across from Central Michigan University with over 15,000 Students.
1,330 SF End-Cap is currently for lease. Great for an owner/user.
Listed in Conjunction with Brian Brockman, Bang Realty - Michigan, Inc. 513-898-4551, [email protected], MI DRE Lic 6502428679
Investment highlights
Excellent access, visibility, and parking at the hard signalized corner S. Mission Street and Broomfield Avenue.
Occupied by multi-unit operator Wild Bills Tobacco and Liberty Tax Service.
Listing Contacts
Listed by Horizon Properties
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