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Beacon Square 810-840 Jackson Ave 23,416 SF 100% Leased Retail Building Grand Haven, MI 49417 $4,175,000 ($178.30/SF) 7.50% Cap Rate
Investment Highlights
- Home Depot Shadow Anchored Center | The Only Big Box Anchored Center in Grand Haven
- Pride of Ownership Location in Grand Haven - High Barriers to Entry Market - Premier West Michigan Market and Located across the Street from Numerous
- Grand Haven, MI has a 43,400+ within 5-Mile Population
- Built in 2004 | Stabilized and Historically Occupied
- Primary Intersection of N Beacon Blvd and Jackson St with Multiple Points of Ingress/Egress
- 30 Mins West of Grand Rapids & 15 Mins South of Muskegon
Executive Summary
Home Depot Shadow Anchored Center | The Only Big Box Anchored Center in Grand Haven
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
23,416 SF
Building Class
C
Year Built
2005
Price
$4,175,000
Price Per SF
$178.30
Cap Rate
7.50%
NOI
$313,062
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
2.85 AC
Zoning
CM
Parking
123 Spaces (5.25 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Pylon Sign
- Signage
Fairly walkable
50/100
Exceptionally drivable
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 70-03-21-326-044 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,756,200 |
Property Taxes
Parcel Number
70-03-21-326-044
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,756,200
Contacts
-
Deno Bistolarides -
Joe Lopez -
Evan Lyons -
Encore Real Estate Investment Services
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Beacon Square | 810-840 Jackson Ave
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