6800 Eastman Ave | Midland, MI 48642
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- LoopNet Team
6800 Eastman Ave
Midland, MI 48642
Target, Hobby Lobby Anchored Retail-$764K NOI · Retail Property For Sale
Investment Highlights
- Easy Accessibility with Strategic Positioning just off of US-10
- Strong In-Place NOI to Build Upon
- Opportunity to Spin Off of Hobby Lobby to Arbitrage for Profit
- Strong Leasing Momentum (Recent 10-Year Hobby Lobby Lease Completed)
- All Anchors Well-Trafficked and Operating (Hobby Lobby Coming Soon)
- Upside Available through Future Lease Up and Pushing Below Market Rental Rates
PROPERTY FACTS
Property Type
Retail
Property Subtype
Retail
Building Size
358,827 SF
Building Class
B
Year Built
1991
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Land Acres
52.71 AC
Zoning
RC
Parking
2,933 Spaces (8.17 Spaces per 1,000 SF Leased)
Amenities
- Food Court
- Kiosk/Cart Space
- Enclosed Mall
PROPERTY TAXES
| Parcel Number | 11-33-50-100 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $7,867,900 |
PROPERTY TAXES
Parcel Number
11-33-50-100
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$7,867,900
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