Listing ID22023208
Price$799,900
StatusActive
Total Baths1
Full Baths1
SqFt 1,568
Acres 0.300
CountyJackson
Year Built1967
Property TypeCommercial Sale
Property Sub TypeRetail
Located on the west side of the City of Jackson and directly on the I-94 business route, this real estate investment opportunity awaits its new owner. Long term tenant lease in place with renewable options for thirty years. Current NNN lease is $43,920 annually with scheduled increases increasing it to $64,679 annually. Phase I ESA completed in 2019. Lease and misc. documents available for review only after a (1) signed confidentiality agreement, (2) Letter of Intent, and (3) documented ability to purchase are received. Phase I ESA completed in 2019. Serious inquiries only. Land Contract considered for qualified purchaser with minimum 25% down payment, 7% interest, negotiable balloon. Contact Commercial REALTOR with your questions or to schedule a private tour.
Listing courtesy of Clifford Risner - Beiswanger and Risner RE Group
The content relating to real estate for sale on this web site comes in part from the IDX program of the Michigan Regional Information Center, LLC. © 2022 MichRIC, LLC. All rights reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties for purchasing. This information was last updated as of date specified below. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Please contact Capstone Real Estate, LLC directly for additional information pertaining to the status and availability of properties displayed on this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Data last updated Wednesday, October 5th, 2022.
#IDX-primaryPhoto,#idx-details-headerListed by: Beiswanger and Risner RE Group (517) 414-8181

Contact - Listing ID 22023208


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David Ten Cate

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