1253 Lincoln Rd - Freestanding FOR SALE


Allegan, MI 49010
$975,000 USD
269-888-2755
1253 Lincoln Rd, Allegan, MI for Sale
$975,000 USD
Freestanding - FOR SALE
1/4
null | 8.2% Cap Rate

1253 Lincoln Rd
Allegan, MI 49010


OVERVIEW

This fully leased retail center features 19,200 SF of building space situated on approximately 5.35 acres, providing both current cash flow and future development potential. Strategically located along Lincoln Road/M-89, the primary thoroughfare into the City of Allegan, the center benefits from excellent visibility and convenient access. The site includes over 90 parking spaces, prominent monument signage, and building façade signage for tenants. Two available outlots offer prime potential for additional development to increase the center’s NOI.

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

8.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Allegan Family Dollar Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

4.88 AC

LAND SF

212,573 SF

ZONING

C-2

APN/PARCEL ID

01-034-045-20,01-035-026-00

ASK ABOUT THIS PROPERTY

Chad VanderwallKalamazoo Commercial Real EstateMore Info
269-888-2755

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Chad VanderwallKalamazoo Commercial Real EstateMore Info
269-888-2755

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