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1963 M-139
Benton Harbor, MI 49022
Cash Store: 8+ Years Remain on Lease! · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
- Air Conditioning
About 1963 M-139 , BENTON HARBOR, MI 49022
Cash Store has 8+ years remaining on NN lease (the tenant is currently on 1st 5-year renewal option and recently executed 2nd lease renewal option extending term to November 30, 2027 – showing tenants commitment to the lease!) with one 5-year renewal option remaining. The next rental increase on the location of 10% is on December 1, 2022. The tenant, Cash Store provides emergency cash loans to customers with over 340 store locations in 7 states. This tenant has been successfully open and operating in the trade area for 20+ years – tenant relocated to this site in 2012. This asset is priced below replacement cost with strong intrinsic value. Cash Store is located in Benton Harbor, Michigan on a signalized intersection to Kohl’s, Michaels, Five Below, Dunham’s Sports & Pier One with excellent drive by visibility! Nearby retailers include: T.J. Maxx, Cato Fashions, Ulta Beauty, Sally Beauty, Shoe Depot, Party City, PetSmart; half a mile from Walmart Supercenter, Lowe’s Home Improvement, The Home Depot, Meijer, Carson’s, JCPenney, Joann Fabrics, ALDI, Burlington, Big Lots, Harbor Freight Tools, etc. The subject location is less than 3 miles from Lake Michigan College (enrollment of 2,184) and 2.5 miles from Lakeland Medical Center St. Joseph (196 beds). *In Association with Michigan Local Broker: Andy & Colleen Whisler, Community Choice Realty #6502380502
Property Taxes
| Parcel Number | 11-03-0032-0002-23-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $197,700 |
Property Taxes
