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Value Add Multi-Tenant Retail | Adj to Aldi 1384 W Main St

13,230 SF 53% Leased Retail Building Gaylord, MI 49735 $2,600,000 ($197/SF) 6.14% Cap Rate

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Investment Highlights

Strong Tenant Lineup & Synergy | Options To Extend | Value-Add Opportunity

Excellent Visibility & Access | Retail Thoroughfare (28,900 VPD) | Dense Retail Corridor | Adjacent To ALDI & Panera Bread

Executive Summary

SRS Multi-Tenant Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a multi-tenant retail building investment property located in Gaylord, Michigan. The offering features a strong tenant lineup including Five Guys, Wild Bills, Great Clips, and Tropical Smoothie Cafe. The concentration of retailers promotes strong tenant synergy and increases crossover retail exposure to the overall site. The center is 53% leased, providing a great value-add opportunity for a future owner to leaseup the vacancies and capitalizing on the potential income stream from raising existing tenants’ rent to market rate.