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1629-1697 E M 21
Owosso, MI 48867

Riverwood Crossing · Retail Property For Sale

Investment Highlights

  • Heavy traffic
  • M21

Executive Summary

Located next to a busy Super Walmart, Great National Long-Term Tenants. Dollar Tree just renewed for another 10 Years.
Great 1031 exchange property, Value Add.

PROPERTY FACTS

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
50,508 SF
Building Class
C
Year Built
1994
Price
£4,741,368
Price Per SF
£94
Net Initial Yield
5.33%
NOI
£252,708
Percent Leased
97%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.14
Lot Size
8.20 AC
Zoning
Commercial - B-2
Parking
166 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
457 ft on M-21 E. Main Street

Amenities

  • 24 Hour Access
  • Energy Star Labelled
  • Monument Signage
  • Air Conditioning

Links

PROPERTY TAXES

Parcel Number 007-17-300-007-04 Improvements Assessment £0
Land Assessment £0 Total Assessment £471,045

PROPERTY TAXES

Parcel Number
007-17-300-007-04
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£471,045
 

  • Listing ID: 24908026

  • Date on Market: 05/09/2018

  • Last Updated:

  • Address: 1629-1697 E M 21, Owosso, MI 48867

The Retail Property at 1629-1697 E M 21, Owosso, MI 48867 is currently available for sale. Contact Professional Property Advisors, LLC for more information.

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1629-1697 E M 21, Owosso, MI for sale Building Photo- Image 1 of 13
Entire Center View
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1629-1697 E M 21, Owosso, MI for sale Floor Plan- Image 3 of 13
LED Lighted Monument Sign
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Corner of the Center
1629-1697 E M 21, Owosso, MI for sale Building Photo- Image 5 of 13
Harbor Freight & Dollar Tree Views
1629-1697 E M 21, Owosso, MI for sale Building Photo- Image 6 of 13
Harbor Freight and Corner of Center
1629-1697 E M 21, Owosso, MI for sale Building Photo- Image 7 of 13
ATI Corner of Building
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Front of Dollar Tree
1629-1697 E M 21, Owosso, MI for sale Other- Image 9 of 13
Adjacent to a Busy Walmart
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