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Heritage Funeral Home 723 N US 27 16,899 SF Retail Building Marshall, MI 49068 $4,310,672 ($255.08/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)
EXECUTIVE SUMMARY
Investment triple net lease property for sale with corporate guarantee.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Funeral Home
Building Size
16,899 SF
Building Class
B
Year Built
2009
Price
$4,310,672
Price Per SF
$255.08
Cap Rate
7.75%
NOI
$334,077
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
5.00 AC
Zoning
Retail
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 53-232-009-01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,048,100 |
PROPERTY TAXES
Parcel Number
53-232-009-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,048,100
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Heritage Funeral Home | 723 N US 27
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