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983-993 Butternut Dr
Holland, MI 49424
Ottawa Village Shopping Center · Retail Property For Sale
PROPERTY FACTS
About 983-993 Butternut Dr , Holland, MI 49424
NAI Wisinski has been retained as exclusive sales broker for Ottawa Village Shopping Center a 97189 square foot center in Holland Michigan. Highlights of this opportunity are as follows:- Strong existing NOI of approximately $561006 with value-add opportunity- State of the art Family Fare Supermarket with drive-through pharmacy and a Starbucks Coffee on a long term lease. Contemporary store facade with recent capital improvements. Family Fare Gas Station (non-owned) also acts as a draw to the site. - Top area employers include Herman Miller Haworth Johnson Controls LG Chem Tiara Yachts and Kraft Heinz. Ottawa County boasts a stable and diverse economy with unemployment at approximately 4%. - Ability to acquire deal well below replacement cost- Little deferred maintenance. Parking lot and roof are in excellent condition
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,671,200 |
PROPERTY TAXES
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