12,500 SF Building with Tremendous Visibility - 9.5% Cap Rate & Rent Escalations!

7150 Cooley Lake Rd Waterford Township, MI 48327

FOR SALE
Property Type:
Strip Center
Amount:
$999,000
Last Verified:
May 30, 2019

Highlights

  • Ten Year Lease with IncrediPets - Nine Years Remaining
  • Absolute NNN Lease
  • 9.5% Cap Rate with Rent Escalations
  • Price: $999,000.00
  • 12,500 SF with Tremendous Visibility
  • Ample Parking and Smooth Ingress / Egress
  • Attractive Lease Structure
  • IncrediPets has a Long and Successful Track Record within a Fast Growing Industry

Description

12,500 SF Building with Tremendous Visibility - 9.5% Cap Rate & Rent Escalations!

Cooley Lake Rd and S Hospital Rd

Building Size: 12500.0sq ft
Lot Size: 0.0 acres

Map of 7150 Cooley Lake Rd, Waterford Township, MI, 48327

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
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