Property Details

TITLE:
Bueche Shopping Center
CONTROL:
Exclusive
VALUE:
$7,685,000
LOAN:
$0
EQUITY:
$7,685,000
TYPE:
Retail/Commercial
HAVE:
Grocery anchored shopping center with national retailers and good tenant mix.
ADDRESS:
300 w. Main St, Flushing, Michigan
BENEFITS TO NEW OWNER:
Quality grocery anchored shopping center with national tenants and good tenant mix.
GROSS SCHEDULED INCOME:
$890,854 Actual
VACANCY LOSS:
$34,788
GROSS EFFECTIVE INCOME:
$856,066
EXPENSES:
$252,350
NOI:
$603,716
DEBT SERVICE:
$0
CASH FLOW:
$603,716
CAP RATE:
7.86%
BENEFITS SOUGHT:
Sale for cash
COUNSELOR:
Robert Pliska
Sperry Commercial Global Affiliates - Prop Inv
400 West Maple Rd., Ste 150
Birmingham, Michigan, 48009
Phone: 248-433-1400
Cell: 313-590-1111
Fax: 248-433-1401