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Riverwood Crossing 1629-1697 E M 21 50,508 SF 100% Leased Retail Building Owosso, MI 48867 $6,019,256 ($119.17/SF) 7.56% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy traffic
- M21
EXECUTIVE SUMMARY
Located next to a busy Super Walmart, Great National Long-Term Tenants. Dollar Tree just renewed for another 10 Years.
Great 1031 exchange property, Value Add.
Great 1031 exchange property, Value Add.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
50,508 SF
Building Class
C
Year Built
1994
Price
$6,019,256
Price Per SF
$119.17
Cap Rate
7.56%
NOI
$455,257
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
8.20 AC
Zoning
B-2 - Commercial
Parking
166 Spaces (3.29 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Energy Star Labeled
- Monument Signage
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- ATI Physical Therapy
- -
-
99,999 SF
- -
- -
-
Jan 0000
-
- Finance and Insurance
-
99,999 SF
- -
-
Lorem Ipsum
- -
Check n' Go here to help people. They want to make sure that financial situations don’t get in the way of life’s most precious moments. That’s why the company does their best to give back to the communities whose lives they touch as often as they can through outreach programs, foodbank donations, and child well-being initiatives.
- Dollar Tree
- -
-
99,999 SF
- -
- -
- -
- Harbor Freight Tools
- -
-
99,999 SF
- -
- -
-
Jan 0000
- Jet's Pizza
- -
-
99,999 SF
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| ATI Physical Therapy | - | 99,999 SF | - | - | Jan 0000 | |
|
|
Finance and Insurance | 99,999 SF | - | Lorem Ipsum | - | |
| Dollar Tree | - | 99,999 SF | - | - | - | |
| Harbor Freight Tools | - | 99,999 SF | - | - | Jan 0000 | |
| Jet's Pizza | - | 99,999 SF | - | - | - |
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 007-17-300-007-05 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,273,200 |
PROPERTY TAXES
Parcel Number
007-17-300-007-05
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,273,200
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Riverwood Crossing | 1629-1697 E M 21
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