Price: $945,000.00
Square Ft.: 14400
Price/SQFT: $58.68

Fully leased South Street Center retail investment property built in 2004. Long-term lease with Family Dollar anchor expires 12/31/28. Four tenants also include a Verizon store and Edward Jones. Great visibility/signage with frontage on high-traffic US31. A Save A Lot grocery store and the Crystal Plaza retail center anchored by Family Fare are located to the south. One tenant occupies three adjacent units (each with restroom access) that could be leased separately. The center services a large geographic trade area and is located 1.5 miles from the Crystal Lake resort area and 10 miles from Crystal Mountain ski and golf resort. Available at a 7.6% cap rate.

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Basic Features:

MLS ID: 1912553
City: Benzonia
State: MI
ZIP: 49616
Area: Benzie
Acres: 2.42
Square Feet: 14400

Additional Features:

Basement:	Location: Corner Lot,Shopping Center,Freestanding
Business Included: Professional/Office,Retail,Professional Service	Lot:
Business Name: none	Property Status: Sold In House
Construction: Block,Steel Siding	Documents: None
Zoning: Commercial	Possession: Close Of Escrow,Subject To Tenant Rights,Long-Term Tenant
Dimensions: 207x509	For Sale Or Lease: Commercial Sale
Directions: Southeast corner of Benzie Highway and South St.	Road Frontage:
Days On Market: 100	Roofing: Membrane
Days On MLS: 100	Township: Benzonia
Financing: Conventional	Water: Public
Floor Type:	Licenses: None
Heating: Forced Air,Natural Gas	Year Built: 2004
Cooling: Central Air

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Listing courtesy of Three West, LLC
1131 E. Eighth Street Traverse City, MI 49686