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Heritage Funeral Home 205 N Elizabeth St 3,256 SF 100% Leased Retail Building Bellevue, MI 49021 $410,846 ($126.18/SF) 7.75% Cap Rate
Investment Highlights
- Corporate Guarantee
- Long-Term, Absolute Triple Net Leases
- Attractive Rental Increases
- THE REAL ESTATE CAN BE PURCHASED INDIVIDUALLY OR AS A PORTFOLIO (REAL ESTATE ONLY FOR SALE)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Funeral Home
Building Size
3,256 SF
Building Class
C
Year Built
2010
Price
$410,846
Price Per SF
$126.18
Cap Rate
7.75%
NOI
$31,841
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.32 AC
Parking
3 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 131-000-039-009-00 | Improvements Assessment | $143,961 |
| Land Assessment | $4,882 | Total Assessment | $148,843 |
Property Taxes
Parcel Number
131-000-039-009-00
Land Assessment
$4,882
Improvements Assessment
$143,961
Total Assessment
$148,843
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Heritage Funeral Home | 205 N Elizabeth St
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