Save-A-Lot, CVS, Napa Auto Anchored Center "Highland Commons
700 Highland Rd, Highland, MI
For Sale
Land
Commercial
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
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Highland Center Demographics
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Development Survey #1
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Development Survey #2
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Confidentiality_Form_JDE.docx
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