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Heritage Funeral Home 205 N Elizabeth St 3,256 SF 100% Leased Retail Building Bellevue, MI 49021 $561,873 CAD ($172.57 CAD/SF) 7.75% Cap Rate
Investment Highlights
- Corporate Guarantee
- Long-Term, Absolute Triple Net Leases
- Attractive Rental Increases
- THE REAL ESTATE CAN BE PURCHASED INDIVIDUALLY OR AS A PORTFOLIO (REAL ESTATE ONLY FOR SALE)
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Funeral Home
Building Size
3,256 SF
Building Class
C
Year Built
2010
Price
$561,873 CAD
Price Per SF
$172.57 CAD
Cap Rate
7.75%
NOI
$43,546 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.23
Lot Size
0.32 AC
Parking
3 Spaces (0.92 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 131-000-039-009-00 | Improvements Assessment | $198,167 CAD |
| Land Assessment | $6,720 CAD | Total Assessment | $204,887 CAD |
Property Taxes
Parcel Number
131-000-039-009-00
Land Assessment
$6,720 CAD
Improvements Assessment
$198,167 CAD
Total Assessment
$204,887 CAD
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Heritage Funeral Home | 205 N Elizabeth St
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