1629-1697 E M 21 | Owosso, MI 48867
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1629-1697 E M 21
Owosso, MI 48867
Riverwood Crossing · Retail Property For Sale
Investment Highlights
- Heavy traffic
- M21
Executive Summary
Located next to a busy Super Walmart, Great National Long-Term Tenants. Dollar Tree just renewed for another 10 Years.
Great 1031 exchange property, Value Add.
Great 1031 exchange property, Value Add.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
50,508 SF
Building Class
C
Year Built
1994
Price
$6,019,256
Price Per SF
$119
Cap Rate
5.33%
NOI
$320,818
Percent Leased
97%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
8.20 AC
Zoning
Commercial - B-2
Parking
166 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
457 FT on M-21 E. Main Street
Amenities
- 24 Hour Access
- Energy Star Labeled
- Monument Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 007-17-300-007-04 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $598,000 |
PROPERTY TAXES
Parcel Number
007-17-300-007-04
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$598,000
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