1900-1916 South Saginaw, Midland, MI
Shopping Center for Sale - $4,300,000 - 58,049 Sq. Ft. on 3.65 acres
Property Info
CIMLS# | 969151 |
Location 1900-1916 South Saginaw Midland MI 48640 | |
Updated | February 20th, 2018 |
Type | Shopping Center |
Price | $4,300,000 |
Building | 58,049 Sq. Ft. |
Land | 3.65 acres |
Property Description
Already at a 9.7% cap rate the well-maintained and updated shopping center has room for upside and increased income with new management. With diversified National and Local Service based Tenants the Shopping Center is protected from E-Commerce competition!! Location, location, location.
Location Description:
Located at the front door of DowDuPont, Midland Plaza has easy access to the highway and is on route for Dow employees leaving work and heading to the suburbs. New $500 million in investments being made by Dow Chemical Corp adding 500 white collar jobs.
Highlights:
>> Six (6) units remodeled in 2011 including HVAC, walls, electrical, plumbing, glass fronts, ceilings
>> Parking lot regraded and repaved in the last quarter of 2009
>> Top 20 busiest Jimmy John's in the Nation
>> Well-maintained property with constant upgrades including Green Energy LED parking lot lighting fixtures
* Email for additional photos