1050-1140 W Argyle St | Jackson, MI 49202
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1050-1140 W Argyle St
Jackson, MI 49202
Merchants Crossing | Kroger & Big Lots Anchor · Retail Property For Sale
Investment Highlights
- Anchored by Kroger with Fuel Center | 92.73% Occupied by a Synergistic Mix of Retail Tenants | 100% NNN Leases | Upside Potential
- Kroger Reports Strong Sales Growth Year-Over-Year | Kroger Low Rent-To-Sales Ratio of Well Under 1%
- Disc Traders Recent Lease Extension with Rent Increase
- Newer Roof Installed in 2016 | 20-Year Warranty
- Big Lots Recent 10-Year Lease Extension | Expiration 2033 | $0.25 PSF Rent Increase in 2028
- Limited Grocery Competition | Nearest Kroger is 30 Miles Away
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
110,070 SF
Building Class
B
Year Built/Renovated
1972/2004
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.27
Lot Size
9.35 AC
Zoning
C-1 - Commercial Retail Center
Parking
502 Spaces (4.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 2-243900000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,705,500 |
PROPERTY TAXES
Parcel Number
2-243900000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,705,500
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