RETAIL INVESTMENT OPPORTUNITY - CADILLAC, MI

Shopping Center for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 29966803
Property Subtypes: Neighborhood Center
Building Size (RSF): 69,806 SF
Gross Land Area: 8.52 Acres
Sale Price: $2,200,000
Unit Price: $31.52 PSF
Property Use Type: Investment
Building Name: VILLAGE AT WEXFORD SHOPPING CENTER
Sale Terms: Cash to Seller
Last Updated: 7/21/2017

Overview / Comments

INVESTMENT OPPORTUNITY – 69,806 SF neighborhood shopping center in Cadillac, Michigan. Situated in Cadillac’s primary retail corridor, the Village at Wexford is anchored by Family Farm & Home and Goodwill and co-tenanted by several local/regional retailers, including Secretary of State, Universal Rent to Own and Miracle Ear. The adjacent Bob Evans and Veteran’s Affairs Outpatient Clinic, which are not owned, provide additional traffic to the center. Site offers great visibility, multiple access points and pylon signage. Neighboring retailers include Peebles, Dunham’s Sports, Big Lots, The Home Depot, Meijer, Walmart Supercenter, ABC Warehouse, Tractor Supply Company, TJ Maxx, rue21 and Maurices.

Additional Details

Nearest MSA: Cadillac
County: Wexford
Taxing Authority: Haring, Township of
Tax ID/APN: 2209-28-2103
Zoning: COMMERCIAL
Property Located Between: Boon Road & 13th Street
Largest Nearby Street: Boon Road
Highway Access: One mile west of US-131/Boon Road interchange.
Area Description: N. Mitchell Street, just south of BUS US-131/Boon Road.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1990
Year Renovated: 2013
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Ample parking
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PAR COM AT N 1/4 POST: TH S 621.06 FT ALONG N/S LINE TO POB: TH S 647.86 FT TO A PT 1268.92 FT S OF N 1/4 POST; N 89D04M 19S W 327.47 FT; S 15 FT; N 89D04M19S W 271.45 FT; N 05D11M 1S W ALONG E R/W OF RR TO A PT S 88D50M02S W 670.01 FT FROM POB; N 88D50M02S E 670.01 FT TO POB, EXC E'LY 33 FT FOR US- 131 R/W & EXC PAR COM AT N 1/4 COR OF SEC, TH CON'T S 621.06 FT & S 428.86 FT TO POB: S 173 FT; W 33 FT TO W R/W OF HWY; TH CON'T W 210.47 FT; N 188 FT; E 170.47 FT; S 15 FT E 40 FT TO W R/W LINE OF HWY; E 33 FT TO N/S 1/4 LINE & POB SUB TO EGRESS & INGRESS --7.92 A M/L-- HAR. SEC. 28 T22N R9W

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,784 14,276
Median Age: 38.27 40.43
Households: 4,265 5,746

Contact

Photograph of Listing Agent

Jodi K. Milks, CCIM

Bradley Company CARWM Member

Source

© Copyright Commercial Alliance of REALTORS West Michigan. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.