Price: $525,000.00
Square Ft.: 4961
Price/SQFT: $105.83

Portfolio of 3 single tenant properties leased to H&R Block available at 12.6% cap rate. Leases are NNN with staggered lease expirations through 2026. Excellent downtown/highway locations with good traffic, visibility, parking and recent updates including new flooring. All locations leased to H&R Block since 2013. Locations are: 228 N Chestnut St, Reed City; 880 Michigan Ave (M37), Baldwin; and retail condo unit in Family Fare grocer anchored center at 1681 Benzie Hwy (US31), Benzonia, MI. Properties also available individually.

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Basic Features:

MLS ID: 1917927
City: Benzonia
State: MI
ZIP: 49616
Area: Benzie
Acres: 1.4
Square Feet: 4961

Additional Features:

Basement:	Location: Corner Lot,Interior Lot,Shopping Center
Business Included: Food & Beverage,Health Services,Professional/Office,Retail	Lot:
Business Name: none	Property Status: Withdrawn
Construction: Block,Wood Siding,Brick,Steel	Documents: Legal Description
Zoning: Office,Retail,Commercial,Restaurant/Food	Possession: Negotiable,Subject To Tenant Rights
Dimensions: 21x51x2.5x40x23x89	For Sale Or Lease: Commercial Sale
Directions: Located on the east side of US 31. One mile south of US 31 and M 115 intersection.	Road Frontage:
Days On Market: 64	Roofing: Metal,Membrane
Days On MLS: 64	Township: Benzonia
Financing:	Water: Public
Floor Type:	Licenses: None
Heating: Forced Air,Wall Furnace,Natural Gas	Year Built: 1978
Cooling: Central Air,Electric

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