317-709-1682
1820-1856 N Perry St, Pontiac, MI for Sale
Freestanding - FOR SALE
1/4
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1820-1856 N Perry St
Pontiac, MI 48340


OVERVIEW

Valentina Plaza, 31,828 square feet on a 3.99-acre site, represents a prime investment opportunity with its 100% occupancy and reliable tenant base. Constructed in 2009 and diligently maintained, this property is an easy addition to any portfolio. The current base rent averages well below market rent, a figure that illustrates a significant growth potential when compared to the prevailing market rate of $18.83 within the immediate vicinity. Such data underscored by the additional opportunity for an investor to optimize income streams by transitioning existing gross leases to NNN leases and aligning rental rates to meet or exceed current market expectations.This scenario offers a dual advantage: stable, predictable income for investors, and a clear pathway to added value shortly following acquisition. The balance between stability and the potential for growth makes Valentina Plaza a standout option for investors looking to diversify their portfolio with a property that not only promises immediate returns but also offers long-term value driven by insightful management and strategic positioning. Upside in The Leases - The property offers the opportunity to significantly improve the NOI by converting lease to NNN and eliminating any existing caps on NNN charges Owner Termination Rights - Fast termination options would allow a buyer to capture new market opportunities in an inexpensive manner

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valentina Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

3.99 AC

LAND SF

173,804 SF

ZONING

BI

APN/PARCEL ID

14-15-226-007

ASK ABOUT THIS PROPERTY

Joseph CoombesMarket Commercial Real EstateMore Info
317-709-1682

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Joseph CoombesMarket Commercial Real EstateMore Info
317-709-1682

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