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1582 Hilltop Rd
Saint Joseph, MI 49085
AutoZone · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Short Term Autozone Lease
- Low Price Point
- High Cap Rate STNL
EXECUTIVE SUMMARY
**SHORT TERM STNL AUTOZONE**
Investment Highlights
-Long-standing AutoZone with over 25 years of continuous operation
-NN lease structure
-Tenant Responsibilities: Interior maintenance, HVAC, utilities, general upkeep
-Landlord Responsibilities: Roof and structural components only
-Located along St. Joseph’s highest-traffic retail corridor
-Strong surrounding anchors: Walmart, Lowe’s, McDonald’s, Walgreens
-Supported by major employment drivers including Whirlpool HQ
-Annual Rent: $87,887.42
-Remaining Lease Term: Approximately 14.5 months (expires 1/31/2027)
-Low-management, stable-income asset ideal for passive investors
-Asking Price: $1,100,000
Investment Highlights
-Long-standing AutoZone with over 25 years of continuous operation
-NN lease structure
-Tenant Responsibilities: Interior maintenance, HVAC, utilities, general upkeep
-Landlord Responsibilities: Roof and structural components only
-Located along St. Joseph’s highest-traffic retail corridor
-Strong surrounding anchors: Walmart, Lowe’s, McDonald’s, Walgreens
-Supported by major employment drivers including Whirlpool HQ
-Annual Rent: $87,887.42
-Remaining Lease Term: Approximately 14.5 months (expires 1/31/2027)
-Low-management, stable-income asset ideal for passive investors
-Asking Price: $1,100,000
PROPERTY FACTS Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,500 SF
Building Class
C
Year Built
1989
Price
$1,515,041 CAD
Price Per SF
$121.20 CAD
Cap Rate
7.99%
NOI
$121,048 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.00 AC
Zoning
B2 - RET/S - Commercial Zoned District
AMENITIES
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 11-18-0135-0003-03-9 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $324,405 CAD |
PROPERTY TAXES
Parcel Number
11-18-0135-0003-03-9
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$324,405 CAD
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