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20,395 SF Multi-Tenant Retail Center Investment | 100% Leased | 8.1 % CAP

$2,500,000

1052-1072 W Huron St, Waterford Township, MI 48328

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Last Updated: 12/14/2023

8.1

Cap Rate

202,536.26

NOI

Details:
Cap Rate:    8.1%
NOI:    $202,536.26
Building Size:    20,395 sqft
Lot Area:    1.34 acres
Occupancy:    100%
Units:    8
Year Built:    1953
Floors:    1
Parking Spots:    102
Highlights:
  • 20,395 SF Retail Center
  • 100% Leased
  • Professionally Maintained & Managed
  • 8.1 % Cap Rate
Description:

20,395 SF retail Center for sale; 100% leased with seven (7) tenants. Well-maintained property with recent updates to the roof, asphalt parking lot, and much more. Eight (8) individually metered spaces. The retail center faces W. Huron St. for maximum visibility for all tenants. Abundant front & rear parking.

NOI is $202,536.26

Located within busy retail corridor on W Huron St / M-59; between Telegraph Rd & Voorheis

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