1357-1377 W Coldwater Rd | Flint, MI 48505
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- LoopNet Team
1357-1377 W Coldwater Rd
Flint, MI 48505
Beecher Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 26,000 Square-Foot Strip Center Located in Flint, Michigan
- Family Dollar has Been at Site Since 2004 | Five, Five Year Options Remaining | 10 Percent Rent Bumps in All Options
- Stabilized 100% Occupied Pro-Forma 18% CAP Rate
- Family Dollar Occupies 10,450 Square Feet | 40 Percent of GLA | Paying Reasonable Rent of $9.61 per Square Foot Triple-Net
- Significant Lease up Potential Via 15,550 Square – Feet | 59% Percent of GLA is Vacant
- Strategic Location Situated in Neighborhood Development w/ Over 36,450 Households within a Five Mi Radius Along Coldwater Rd Seeing on Avg 8,665 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
26,000 SF
Building Class
B
Year Built/Renovated
1962/2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.35
Lot Size
1.73 AC
Zoning
C-1
Parking
245 Spaces (9.42 Spaces per 1,000 SF Leased)
Frontage
320’ on COLDWATER RD
AMENITIES
- Energy Star Labeled
PROPERTY TAXES
| Parcel Number | 14-24-502-017 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $272,900 |
PROPERTY TAXES
Parcel Number
14-24-502-017
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$272,900
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