Save-A-Lot, CVS, Napa Auto Anchored Center "Highland Commons

700 Highland Rd, Highland, MI

Market Price

Price

6.91%

Cap Rate

51,167 sqft

Building Size

Overview
Cap Rate
6.91%
Building Size
51,167 sqft
Lot Area
11.08 acres
Occupancy
85%
Lease Type
Modified Gross
Price Per Sqft
$68.40
Zoning
Retail Commecial
Tenancy
Multiple
Description

Save-A-Lot, CVS and Napa Auto Parts located in center. Ask for Listing agent direct to receive all details. A Confidentiality document will need to be of file to review any rent rolls or financials, etc. Price Listed reflects the Shopping Center for sale and also the Save-A-Lot Licensing with center included. Was prepaid license by seller, so there are no monthly royalties. Including all shelving and fixtures and beer and wine license. Only need to pay for inventory. Or if buyer only wants shopping center, and not store can offer price for Center only. BATAVIA

Highlights
  • Contact Listing Agent/Broker. Agents and their potential buyers will need to have a signed confidentiality form on file prior to discussion or review of rent rolls or financials. Price Listed reflects the Save-A-Lot Licensing with center included. Was prepaid of $600,000, so there are no monthly royalties. Including all shelving and fixtures and beer and wine license. Only need to pay for inventory. Or if buyer only wants center, and not store can offer price for Center only.
Documents
Title
Highland Center Demographics
Development Survey #1
Development Survey #2
Confidentiality_Form_JDE.docx
* Documents permissions are set by the listing owner, request information to access locked documents.

Location
Gallery