TITLE:
15 OAK SQUARE
CONTROL:
Exclusive
VALUE:
$8,535,000
LOAN:
$0
EQUITY:
$8,535,000
TYPE:
Retail/Commercial
HAVE:
Quality grocery store anchored shopping center with national tenants and good tenant mix.
WEBSITE URL:
ADDRESS:
290 N. Ortonville Rd, Ortonville, Michigan
BENEFITS TO NEW OWNER:
Quality grocery anchored shopping center with national tenants and good tenant mix.
OTHER FILES:
GROSS SCHEDULED INCOME:
$981,107 Actual
VACANCY LOSS:
$67,200
GROSS EFFECTIVE INCOME:
$913,907
EXPENSES:
$252,350
NOI:
$661,557
DEBT SERVICE:
$0
CASH FLOW:
$661,557
CAP RATE:
7.75%
BENEFITS SOUGHT:
Sale for cash
COUNSELOR:
Robert Pliska
Sperry Commercial Global Affiliates - Prop Inv
400 West Maple Rd., Ste 150
Birmingham, Michigan, 48009
