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Allegan Place 633 Hooker Rd 7,200 SF 100% Leased Retail Building Allegan, MI 49010 $840,000 ($116.67/SF) 8.93% Cap Rate



EXECUTIVE SUMMARY
7,200 SF Fully Leased retail strip center.
Tenants include: PJ Printing, Help-at-Home, and Green Pharm Cannabis Co.
Property has been well-maintained.
Financials available upon qualified request.
Tenants include: PJ Printing, Help-at-Home, and Green Pharm Cannabis Co.
Property has been well-maintained.
Financials available upon qualified request.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
7,200 SF
Building Class
B
Year Built
2006
Price
$840,000
Price Per SF
$116.67
Cap Rate
8.93%
NOI
$75,012
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.95 AC
Zoning
C2
Parking
60 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
159’ on Hooker Rd
AMENITIES
- Pylon Sign
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Alliance Home Health Care
- Health Care and Social Assistance
- -
- -
- -
- P J Printing
- Manufacturing
- -
- -
- -
- Tantrick Brewing Co
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Alliance Home Health Care | Health Care and Social Assistance | - | - | - | ||
| P J Printing | Manufacturing | - | - | - | ||
| Tantrick Brewing Co | - | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 51-300-002-11 | Improvements Assessment | $230,200 |
| Land Assessment | $38,600 | Total Assessment | $268,800 |
PROPERTY TAXES
Parcel Number
51-300-002-11
Land Assessment
$38,600
Improvements Assessment
$230,200
Total Assessment
$268,800
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Allegan Place | 633 Hooker Rd
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