Listed by Mid-America Real Estate, Mid-America Real Estate Corporation
$12,500,000
Livonia Marketplace
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 52,730
Cap Rate 7.17%
NOI $895,789
Occupancy 100%
Tenancy Multi
Brand/Tenant Dollar Tree, Verizon Wireless
Price per SqFt $237
Year Built 2010
Retail | 7.17% CAP | 52,730 SqFt
Marketing description
Mid-America Real Estate Corporation, in cooperation with Mid-America Real Estate – Michigan, Inc, has been retained on behalf of the owner to sell the 100% fee simple interest in Livonia Marketplace, a 100% leased community shopping center shadow anchored by Walmart and Kohl’s and positioned within the dense northwestern suburbs of Detroit.
Listing Contacts
Listed by Mid-America Real Estate, Mid-America Real Estate Corporation
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$895,789.00
$74,649.08/mo
Valuation Metrics
0
DSCR
7.17%
Cap Rate
7.17%
ROI
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