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Heritage Funeral Home 2838 Capital Ave SW 8,245 SF Retail Building Battle Creek, MI 49015 $1,164,081 ($141.19/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
8,245 SF
Building Class
C
Year Built
2019
Price
$1,164,081
Price Per SF
$141.19
Cap Rate
7.75%
NOI
$90,216
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.63 AC
Zoning
C-2
Parking
57 Spaces (6.91 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 0085-00-060-0 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $508,600 |
PROPERTY TAXES
Parcel Number
0085-00-060-0
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$508,600
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Heritage Funeral Home | 2838 Capital Ave SW
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