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1052-1072 W Huron St
Waterford, MI 48328
Huron Centre · Retail Property For Sale
Investment Highlights
- 100% occupied with stable tenancy in low vacancy market
- Visible location along M-59, a high traffic commercial corridor
- Upside through converting gross leases to NNN
- Diverse & service-oriented tenant mix
- Dense rooftops and strong surrounding demographics
Executive Summary
±21,345 SF multi-tenant retail center in Waterford, MI
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,345 SF
Building Class
B
Year Built/Renovated
1953/2004
Price
$4,081,473 CAD
Price Per SF
$191.21 CAD
Cap Rate
7.80%
NOI
$318,217 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
1.34 AC
Zoning
C-2 - Commercial / Retail
Parking
102 Spaces (4.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Property Taxes
| Parcel Number | 13-25-455-031 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,289,309 CAD |
Property Taxes
Parcel Number
13-25-455-031
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,289,309 CAD
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