Net Leased Investment For Sale

Retail-Commercial for Sale
Catylist Listing ID: 29572187
Property Subtypes: Free-Standing Building, Retail-Pad, Street Retail
Building Size (RSF): 4,960 SF
Gross Land Area: 3.47 Acres
Sale Price: $645,000
Unit Price: $130.04 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Usable Size (USF): 4,960 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 4/9/2018

Overview / Comments

8 Cap with long term Tenants. Room to expand. High traffic on M-21.

Attachments & Media

Additional Details

Nearest MSA: Owosso
County: Shiawassee
Tax ID/APN: 007-16-300-012-006
Zoning: B-2
Property Located Between: Lansing and Fllint
Property Visibility: Excellent
Largest Nearby Street: M21
Feet of Frontage: 208
Traffic/Vehicle Count: 24,500
Highway Access: I-69, I-75, US23
Airports: Bishop International, Capital Region International
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Typical SF / Floor: 4,960 SF
Property Condition: Excellent
Year Built: 2005
Construction/Siding: Brick

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,772 20,612 26,994
Median Age: 35.42 38.49 38.43
Households: 780 8,305 10,981
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.