1072 S LATSON RD Howell MI 48843-7575

INVESTMENT HIGHLIGHTS

• National Tenant – PETsMART has over 1,400 stores nationwide and is a highly sought after tenant for investors.
• New 10 Year Lease Term – PETsMART is projected to rent commence October 1, 2016, projected opening date of September 19, 2016.
• Significant Tenant Investment – In addition to Landlord improvements, PETsMART invested roughly $1 Million of their own money into the building.
• Limited Landlord Responsibilities– Tenant is responsible for 100% of taxes, insurance, and repairs and maintenance. Tenant self-maintains their portion of the parking lot.
• Quality Real Estate – The subject site is situated on the southwest quadrant of Grand River (28,700 CPD) and Latson Rd (20,600 CPD) with curb cuts and pylon signage on both thoroughfares and is shadow anchored by a high performing Walmart Supercenter and Lowe’s. The property is part of a large multi-phase development called Livingston Commons.
• New Highway Interchange – New I-96/Latson Rd interchange (64,100 CPD) has increased traffic flow to the center and has made it more accessible to the greater trade area. USA2Go/Tim Hortons, Panera, Culver’s, Red Olive, St. John’s Medical, and Gilden Woods Childcare are all new tenants that came about after the construction of this interchange.