Listed by Statewide Real Estate Brokerage
$649,900
60 Glen Drive
Details
APN 26000MI0126B0
Property Type Retail, Mixed Use
Sub Type Day Care/Nursery, Pharmacy/Drug
Square Footage 8,600
Net Rentable (SqFt) 8,600
Units 3
Cap Rate 5.72%
NOI $37,200
Occupancy 75%
Tenancy Multi
Lease Type NNN
Pro-Forma Cap Rate 10.8%
Pro-Forma NOI $70,200
Price per SqFt $76
Class B
Year Built 1915
Buildings 2
Stories 1
Lot Size (SqFt) 112,009
Zoning retail multi
Ground Lease No
Sale Condition For sale by owner
multi building property for sale / lease
Marketing description
Retail • 3,600 SF • 05/23/2014
Listing Contacts
Listed by Statewide Real Estate Brokerage
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$37,200.00
$3,100.00/mo
Valuation Metrics
0
DSCR
5.72%
Cap Rate
5.72%
ROI
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