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Dark Nobo 725 Main St 3,300 SF Retail Building Battle Creek, MI 49014 $702,490 CAD ($212.88 CAD/SF) 13% Cap Rate
INVESTMENT HIGHLIGHTS
- High-Yielding Investment – The subject property is being offered at an in-place 13.00% cap rate.
- Large Lot – The property sits on a ±6.25-acre parcel, providing the opportunity for a larger development or redevelopment project.
- High Visibility & Accessibility – Offers excellent frontage along Main St with easy ingress and egress.
- Absolute NNN Lease – Although the tenant has ceased operations at this location, they remain fully responsible for all taxes, insurance, and maintena
- Proximity to Major Employers – Located minutes from Battle Creek’s major employment hubs, including Kellogg’s Corporate Headquarters, Bronson Battle C
EXECUTIVE SUMMARY
Broker of Record
Matt Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matt Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
3,300 SF
Building Class
B
Year Built/Renovated
1980/2021
Price
$702,490 CAD
Price Per SF
$212.88 CAD
Cap Rate
13%
NOI
$91,324 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
6.24 AC
Zoning
LI
Parking
10 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
116’ on Main St
PROPERTY TAXES
| Parcel Number | 10-018-023-01 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $70,256 CAD |
PROPERTY TAXES
Parcel Number
10-018-023-01
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$70,256 CAD
CONTACTS
-
Alexander Machado -
Daniel Gonzalez -
Ben Snyder -
Matthews Real Estate Investment Services
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Dark Nobo | 725 Main St
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