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Dunham's Sports & Dollar Tree Shopping Center
1180 Phoenix St, South Haven, MI 49090
Last Verified 5/24/2012
Listing ID 15833391
Highlights
Great mix of national and local tenants
Attractive cap rate
Very high occupancy rate
Please see full marketing flyer for more information
Description
This 40,140 sf shopping center is located on the south west corner of I-196 (exit 20) and Phoenix Street and is situated on 7.40 acres of land with parking for 200 cars. The building was previously occupied by Wolohan Lumber. There are concrete pads behind the building for the future development of a self-storage facility. These pads are included in the sale. Phoenix Street is the Business Route for I-196, the main east west corridor to downtown South Haven, MI. Area retailers include a Wal-Mart Supercenter, Menards, Walgreens, AutoZone, Arby' s, Taco Bell, McDonald' s and Dollar General among others. All of the spaces have separately metered utilities. The land is zoned B-4 General Retail.
South Haven is a quaint, picturesque town located on the eastern edge of Lake Michigan. South Haven has a steadily increasing population and is located 48 miles West of Kalamazoo, MI and 100 miles Northeast of Chicago, IL. South Haven is a major regional tourist draw because of its beaches, harbor and connection to the Kal-Haven Trail, which is popular with bicyclists in the summer and snowmobilers in the winter. South Haven is also home to Fideland Fun Park amusement park.
Proforma
2008
$244,125
Map of 1180 Phoenix St, South Haven, MI 49090 (Van Buren County)
Created 8/4/2008
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Additional Information for 1180 Phoenix Street, South Haven, MI 49090
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
Asking Price Index Trends for South Haven, MI Retail For Sale
| |
Mar 12 |
vs. 3 mo. prior |
Y-O-Y |
- State | $73 | +0.9% | -5.3% |
- Metro | $79 | +4.1% | +15.2% |
View South Haven Market Trends for other property types for sale or lease. Learn more about the chart info.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P