This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1301 N US Highway 31
Petoskey, MI 49770
Walgreens · Retail Property For Sale
PROPERTY FACTS
ABOUT 1301 N US HIGHWAY 31 , PETOSKEY, MI 49770
Unique opportunity to purchase a zero cash flow leasehold Walgreens at a modest 16.5% over the current debt. Cash required to purchase this location is $366,797.25 and current debt is $2,223,013.64. Existing debt is fully amortizing and paid off at the end of the initial lease term. There are 6 other zero cash flow leaseholds available individually or in portfolios. See the other locations below: - 323 Hwy. 64, Alma, AR - $2,962,848.91 - 24170 Hwy. 27, Lake Wales, FL - $2,562,664.04 - 810 East Lincoln Hwy., Coatesville, PA - $3,933,522.48 - 2225 East Walnut Ave., Dalton, GA - $2,552,830.97 - 1444 West 5th Ave., Grandview Heights, OH - $3,612,935.11 - 3395 S. Federal Way, Boise, ID - $2,894,787.21
PROPERTY TAXES
| Parcel Number | 01-16-34-100-062 | Improvements Assessment | $0 |
| Land Assessment | $305,000 | Total Assessment | $305,000 |
PROPERTY TAXES
