3356-3366 I 75 Business Spur - Storefront Retail/Office FOR SALE
Sault Sainte Marie, MI 49783 |
$2,750,000 USD
248-702-0288
3356-3366 I 75 Business Spur
Sault Sainte Marie, MI 49783
HIGHLIGHTS
- 71,108 SF Retail Center Built in 1980 | Located Along 75 Business Spurr Averaging 15,600+ VPD
- Recent Capital Expenses Include 2 New HVAC Units for Arona
- Shopping Plaza Averages 180K+ Visits per year | Anchored by Arona
- 30% Vacancy Across Six Suites | Value Add Opportunity to Increase NOI by Leasing 21,825 SF Available
- Established Retail and Long-Term Tenant Commitments | Many with Renewals
- Easily Accessible and Excellent Visibility | Less than 2 Miles from I-75
FOR SALE DETAILS
PRICE
$2,750,000 USD
PRICE/SF
$61 USD /SF
CAP RATE
4.82%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Soo Plaza
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1950
SPRINKLERS
-
PARKING SPACES
60
LAND DETAILS
LAND ACRES
10.24 AC
LAND SF
446,054 SF
ZONING
B3
APN/PARCEL ID
-
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248-702-0288
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248-702-0288
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