Two Retail Centers For Sale

Shopping Center for Sale
Catylist Listing ID: 30102330
Property Subtypes: Strip Center
Building Size (RSF): 47,016 SF
Gross Building Area: See Agent
Gross Land Area: 4.50 SF
Sale Price: $4,050,000
Unit Price: $86.14 PSF
Property Use Type: Investment
Building Name: Regency Commons
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/22/2017

Overview / Comments

Also included in this sale is Beacon Village in Grand Haven, MI located at 1705 S. Beacon Blvd. PPN is 70-03-28-353-013.

Acreage and Square footage amount are both strip centers combined.
Byron Center (Regency Commons) is 23,985 SF with 83.9% physical occupancy from tenants.

Grand Haven (Beacon Village) is 23,031 SF with 81.5% physical occupancy from tenants.

These properties are a part of a larger investment portfolio. They can be separated from that portfolio.

Full offering memorandum is available after a completed and executed confidentiality agreement is received.

Call or email Stan Wisinski for more details.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Taxing Authority: Byron Township
Tax ID/APN: 41-21-16-479-012
Zoning: BYRON TOWNSHIP
Retail Clientele: General, Family, Business
Property Visibility: Excellent
Property Condition: Excellent
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,239 20,273 89,357
Median Age: 38.79 38.78 36.68
Households: 1,484 7,570 33,270

Contact

Photograph of Listing Agent

Stanley J. Wisinski, SIOR, CCIM

NAI Wisinski of West Michigan CARWM Member
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