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1716 Fort St
Lincoln Park, MI 48146
Fort Street Center · Retail Property For Sale
Investment Highlights
- Benefits from strong positioning at the intersection of Fort Street and Southfield Road.
- Anchored by Save A Lot which opened in January of 2016 and represents 85% of the centers current base rent.
- Convenient city-owned parking in front and to the rear of the property, maintained by the City of Lincoln Park.
- Value add opportunity with 4,350 square feet available for immediate lease-up.
- 6 years remaining on the initial term with four 5-year options following in a triple net structured lease with Save A Lot.
Property Facts
Property Type
Retail
Property Subtype
Supermarket
Building Size
23,162 SF
Building Class
C
Year Built/Renovated
1990/2016
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
1.68 AC
Zoning
CBD - Central Business District
Parking
8 Spaces (0.35 Spaces per 1,000 SF Leased)
Frontage
208’ on Fort St
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $386,600 |
Property Taxes
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$386,600
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