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2103 Parkview Ave 29,000 SF 100% Leased Retail Building Kalamazoo, MI 49008 $10,641,277 CAD ($366.94 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Great location.
EXECUTIVE SUMMARY
Absolute STNL opportunity with no landlord responsibilities.S ubject property features convenient stoplight access, great visibility and is located at the well trafficked intersection of Parkview Avenue and Oakland Drive which has a combined average traffic count in excess of 34,400 VPD.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
29,000 SF
Building Class
B
Year Built
1955
Price
$10,641,277 CAD
Price Per SF
$366.94 CAD
Cap Rate
6%
NOI
$638,477 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
2.33 AC
Zoning
CN-1 - Neighborhood commercial uses like retail, office, and services.
Parking
102 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-32-203-002 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,217,233 CAD |
PROPERTY TAXES
Parcel Number
06-32-203-002
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,217,233 CAD
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2103 Parkview Ave
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