930 S 11th St - Retail FOR SALE


Niles, MI 49120
$1,975,000 USD
248-702-0288
930 S 11th St, Niles, MI for Sale
$1,975,000 USD
Retail - FOR SALE
1/3
null | 7% Cap Rate

930 S 11th St
Niles, MI 49120


HIGHLIGHTS

  • 2022 Build to Suit for WellNow Urgent Care - Original 10 Year Lease with 7.5 Years Remaining
  • Limited Landlord Responsibilities - NN+ Lease Structure
  • Eight Percent Rental Increases Every 5 Years and in the Option Periods
  • Located in the Heart of Nile's Dominant Retail Corridor
  • Strong Access and Visibility on Heavily Traveled 11th Street in Niles
  • Premier Southwest Michigan Community

OVERVIEW

2022 Build to Suit for WellNow Urgent Care - Original 10 Year Lease with 7.5 Years Remaining Limited Landlord Responsibilities - NN+ Lease Structure Eight Percent Rental Increases Every 5 Years and in the Option Periods Located in the Heart of Nile's Dominant Retail Corridor Strong Access and Visibility on Heavily Traveled 11th Street in Niles Premier Southwest Michigan Community WellNow Urgent Care operates over 220 locations across New York, Illinois, Ohio, Wisconsin, Indiana, Pennsylvania, and Michigan, Bringing Accessible and High-Quality Healthcare to Communities throughout these States. Surrounding Tenants include Martins Supermarket, Walgreen's, Goodwill, Advance Auto Parts, Starbucks, McDonalds, WingStop, Firehouse Subs and More

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$564 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WellNow Urgent Care

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

-

APN/PARCEL ID

11-73-5250-0028-01-1

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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