1101-1249 E Grand River Ave - Freestanding FOR SALE


Howell, MI 48843
$9,458,379 USD
248-385-5000
1101-1249 E Grand River Ave, Howell, MI for Sale
$9,458,379 USD
Freestanding - FOR SALE
1/11
null | 7.9% Cap Rate

1101-1249 E Grand River Ave
Howell, MI 48843


HIGHLIGHTS

  • Approximately 40% of the base rent is from tenants that have been operating in Howell Promenade for more than 10 years

OVERVIEW

Mid-America Real Estate-Michigan, Inc. has been retained on behalf of the owner to sell the 100% fee simple interest in Howell Promenade shopping center, which is being offered free and clear. This offering presents investors with the opportunity to acquire a Dollar Tree and Planet Fitness anchored shopping center in the affluent suburb of Howell, Michigan.

FOR SALE DETAILS

PRICE

$9,458,379 USD

PRICE/SF

$117 USD /SF

CAP RATE

7.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

284

LAND DETAILS

LAND ACRES

10.6 AC

LAND SF

461,736 SF

ZONING

B-2

APN/PARCEL ID

17-36-403-013

ASK ABOUT THIS PROPERTY

Jared GellMid-America Real Estate - Michigan, Inc.More Info
248-385-5000

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Jared GellMid-America Real Estate - Michigan, Inc.More Info
248-385-5000

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.