735 S Kalamazoo Ave - Freestanding FOR SALE


Paw Paw, MI 49079
$1,574,000 USD
248-702-0288
735 S Kalamazoo Ave, Paw Paw, MI for Sale
$1,574,000 USD
Freestanding - FOR SALE
1/5
null | 7.25% Cap Rate

735 S Kalamazoo Ave
Paw Paw, MI 49079


HIGHLIGHTS

  • 100% Occupied | 9,500 square foot | Three Tenant Retail
  • This Building was Constructed in 1996 and is Situated on a 1.40 acre lot, with Approximately 60 Free Surface Parking Spaces
  • The Center has Two Points of Ingress/Egress
  • Anchored by O'Reilly Auto Parts (S&P Rated BBB)
  • Strong Mix of National Tenants; Staggered Lease Expirations
  • Quality, Stabilized Shopping Center at $138.42 Per Square Foot

OVERVIEW

100% Occupied | 9,500 square foot | Three Tenant Retail This Building was Constructed in 1996 and is Situated on a 1.40 acre lot, with Approximately 60 Free Surface Parking Spaces The Center has Two Points of Ingress/Egress Anchored by O'Reilly Auto Parts (S&P Rated BBB) Strong Mix of National Tenants; Staggered Lease Expiration's Quality, Stabilized Shopping Center at $138.42 Per Square Foot The Building is Situated along South Kalamazoo St, a Highly Trafficked thoroughfare with Traffic Counts Exceeding 18,000+ VPD The NNN Leases have Tenants Reimbursing for Taxes, CAM and Insurance The Subject Property is Positioned in a Quality Retail Corridor, just ½ Mile North of the I-94 Exit The City of Paw Paw is Located at the intersection of I-94 and US HWY 40 (S Kalamazoo St) | 20-miles from Kalamazoo and Half-way Between Chicago and Detroit

FOR SALE DETAILS

PRICE

$1,574,000 USD

PRICE/SF

$166 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

2.21 AC

LAND SF

96,268 SF

ZONING

Gen. Business

APN/PARCEL ID

80-47-583-033-21

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.