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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) 8.09% Cap Rate
Executive Summary
An Investors Dream! Long term Tenants, property has been well maintained. very easy to manage.
Plenty of Parking
Plenty of Parking
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
50,508 SF
Building Class
C
Year Built
1994
Price
$6,019,256
Price Per SF
$119.17
Cap Rate
8.09%
NOI
$487,058
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
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
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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