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Last updated on Wednesday, September 08, 2010
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We focus on providing quality 1031 exchange replacement properties and traditional
triple net & multi tenant retail, industrial, office, and shopping center
investments nationally.
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Borders & Petco
Canton Township, MI
Bldg Size: 36,601 sq. ft.
Land: 2.92 Acres
Lease Type: NN
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Price: $7,172,400
Yield: 8.5 (CAP)
Expiration Date:
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Prime retail corner across from Office Max, Applebee’s, Boston Market and Target
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Canton township is one of the safest, wealthiest and fastest growing communities in Michigan
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Other area retailers include Kohl’s, Meijer, Office Max, Sears, Bed Bath Beyond, Marshalls & Ikea
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Excellent historical and projected population growth and median household income of 91,675 one mile
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Petco and Borders have remaining lease terms of 7 and 13 years respectively with rent escalations
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Property is located on Ford Road a prime east-west retail corridor with traffic counts of 33,400 vpd
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There are 94,113 people within a three mile radius with an median household income of $91,683
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| Copyright (c) 2009 EXP Realty Advisors, Inc. All Rights Reserved |
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