1180 Phoenix St, South Haven, MI, 49090 - Available for Sale

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Dunham's Sports & Dollar Tree Shopping Center

1180 Phoenix St, South Haven, MI 49090

Dunham\'s Sports & Dollar Tree Shopping Center
  • $2,750,000
  • 40,140 SF
  • $68.51
  • Retail
  • Neighborhood Center
  • Net Lease Investment with 10+ years left on lease
  • 8.88%
  • 95%
  • Multiple
  • 7.40 AC
  • Find Out More...
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.

Financial Summary

  • Proforma
  • 2008
  • $244,125

Map of 1180 Phoenix St, South Haven, MI 49090 (Van Buren County)

Contact Listing Broker to find out more details.

Presented by

EXP Realty Advisors

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Rob James (212) 972-7457

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Created 8/4/2008

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Additional Information for 1180 Phoenix Street, South Haven, MI 49090

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.