900 E Michigan Avenue, Saline, MI 48176 (MLS# 26027758)

Location & Property Info

Cross Streets

Hopper Dr. and Hopper St.

Property Sub-Type

Retail

Municipality

Saline City

Principal Road

Yes

Ownership Type

Private Owned

Office/Contract Info

Auction or For Sale

For Sale

List Price/SqFt

431.71

Prop Avail for Lease?

No

Current Bldg Use

Rented to long term corporate tenant

Remarks & Misc

Public Remarks

Great investment property built in 2018 with long term tenant in place with very limited landlord responsibilities. This is a great option for a long-term investment with an attractive cap rate and a corporate tenant with over 900 locations in 34 states. Ideal investment for 1031 exchange. Currently used as a optical retailer.

Legal

AMENDED PLAT MD L 5213 P 134 UNIT 5, SALINE PLAZA CONDOMINIUM SPLIT ON 08/07/2017 FROM 18-12-31-470-039;

Street Type

Paved

Yes

SqFt Information

Fire Alarm

Yes

Property Use

Investment

Yes

Net Leased (nnn)

Yes

Utilities Attached

Electricity Connected

Yes

Natural Gas Connected

Yes

Sewer

Public Sewer

Yes

Water

Public Water

Yes

Uses

Professional Service

Yes

Professional/Office

Yes

Retail

Yes

Construction Type

Frame/Wood

Yes

Exterior Material

Stucco

Yes

Roofing

Composition

Yes

Heat Source

Natural Gas

Yes

Sale Conditions

None

Yes

Ownership

LLC

Yes

Below Grade

None

Yes

Heat Type

Forced Air

Yes

Air Conditioning

Central Air

Yes

Business Includes

Real Estate

Yes

Additional Features

Barrier Free

Yes

Foundation

Slab

Yes

Util Avail at St

High Speed Internet

Yes

Tenant Pays All

Common Area Maintena

Yes

Electric

Yes

Gas

Yes

Janitorial

Yes

Prop Taxes/Assess

Yes

Sewer

Yes

Trash

Yes

Water

Yes

Driveway

Asphalt

Yes

Docs Req Conf Agrmnt

Financials

Yes

Leases

Yes

Rent Roll

Yes

Send to Econ Dev Org

MEDC

Yes

Purchase Terms Avail

Cash

Yes

Conventional

Yes

Tax Def Exchange

Yes

Possession

See Remarks

Yes

Subject To Tenant Rights

Yes

Property Features