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Bueche Shopping Center
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Bueche Shopping Center
3 Retail Properties Offered at £4,330,866 in Flushing, MI
![Bueche Shopping Center portfolio of 3 properties for sale on LoopNet.co.uk - Primary Photo - Image 1 of 3](https://images.loopnet.co.uk/i2/J1hCyWUjw9c_HNSjYgWN_EF0qrGP1TdnfXNkAL2oz0M/110/Bueche-Shopping-Center-Primary-Photo-1-Large.jpg)
![Bueche Shopping Center portfolio of 3 properties for sale on LoopNet.co.uk - Primary Photo - Image 2 of 3](https://images.loopnet.co.uk/i2/mJYQuRRx6ntJ56cxCFIi7696EjCWIUv3ET46V1whQ1Q/110/Bueche-Shopping-Center-Primary-Photo-2-Large.jpg)
![Bueche Shopping Center portfolio of 3 properties for sale on LoopNet.co.uk - Primary Photo - Image 3 of 3](https://images.loopnet.co.uk/i2/zj6yLCxMmm8hRkiWvBTu_iDbIOrsFFEu_kwc65ifY6E/110/Bueche-Shopping-Center-Primary-Photo-3-Large.jpg)
Investment Highlights
- Substantially leased with good surface parking
- Part of the Central Business District
- Limited competition - main competitor other side of town
- On primary roadway with good visibility and beautiful setting
- Great condition and looks new
- Near major traffic carriers- I-75, I-69, M-21 (Corunna Road)
Executive Summary
Sale of a 67,248 square foot grocery anchored multi-tenant retail shopping center with a good tenant mix. The land-to-building ratio is 5.45 to one. The site is improved with a retail shopping center (3 buildings) asphalt paved drives and parking for 339 vehicles (5.04 spaces per 1000 sq ft). Minimal but mature landscaping. Zoned CBD, Central Business District which would support municipal, retail, office, medical, dental restaurants, and bars. Flat roof with metal framing covered with metal decking, rigid insulation, and rubberized membrane. Gas-fired packaged HVAC units on the roof.
Property Facts
Price | £4,330,866 | Status | Active |
Price / SF | £47.97 / SF | Number of Properties | 3 |
Sale Conditions | Portfolio Sale | Individually For Sale | 1 |
Net Initial Yield | 8.51% | Total Building Size | 90,288 SF |
Sale Type | Investment | Total Land Area | 25.28 AC |
Price | £4,330,866 |
Price / SF | £47.97 / SF |
Sale Conditions | Portfolio Sale |
Net Initial Yield | 8.51% |
Sale Type | Investment |
Status | Active |
Number of Properties | 3 |
Individually For Sale | 1 |
Total Building Size | 90,288 SF |
Total Land Area | 25.28 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
218-240 W Main St, Flushing, MI 48433 | Retail | 20,486 SF | 2005 | - |
250 W Main St, Flushing, MI 48433 | Retail | 2,554 SF | 2004 | - |
300 W Main St, Flushing, MI 48433 | Retail | 67,248 SF | 2004 | £4,330,866 |
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![Sperry Commercial Global Affiliates](https://images.loopnet.co.uk/i2/n8hyRqg3wmxsIBZoVmHImWlYqz2iYoEjdtW35qM_uKs/105/image.jpg)
Bueche Shopping Center
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