7500 Cottonwood Dr - Storefront FOR SALE


Jenison, MI 49428
$7,000,000 USD
248-851-5000
7500 Cottonwood Dr, Jenison, MI for Sale
$7,000,000 USD
Storefront - FOR SALE
1/5
null | 7.57% Cap Rate

7500 Cottonwood Dr
Jenison, MI 49428


HIGHLIGHTS

  • 100% occupied center with long term, stable tenants
  • Visible from Chicago Avenue across from very busy Meijers

OVERVIEW

100% occupied shopping center strategically located in the Grand Rapids MSA Long-Term Tenants in Place. Room to expand the shopping center or create an outlot Across the street from Meijer's Supermarket $ 530,000.00 of Net Operating Income

FOR SALE DETAILS

PRICE

$7,000,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

7.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

CROSS STREETS

Chicago Dr SW

LAND ACRES

8.64 AC

LAND SF

376,184 SF

ZONING

CS

APN/PARCEL ID

70-14-13-402-008

ASK ABOUT THIS PROPERTY

Harry CohnSVN | Cohn Commercial Properties, Inc.More Info
248-851-5000

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Harry CohnSVN | Cohn Commercial Properties, Inc.More Info
248-851-5000

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