Offering Memorandum

Investment Sale

The Courtyard

4157-4245 E Court St
Burton, Michigan

eCode:065i

Sales Price

$8,800,000

NOI

$1,131,068

Building Size

135,170 SF

Lot Size

16.84 AC

Year Built

1989

Zoning

C-4

Anchor(s)

Big Lots
Shadow Anchored by Home Depot

Tenant Roster

  • Big Lots
  • Harbor Freight Tools
  • Burlington
  • Five Below
  • Michaels

Traffic Count

E Court St (12,569 CPD)
Center St (17,173 CPD)

Highlights

  • Immediate Value Add / Upside Potential
  • Priced Well Below Replacement Cost
  • Home Depot Shadow Anchor
  • Recent Leasing Activity | New Long-Term National Tenants
  • Stable, Long-Term Existing Tenants
  • Interested Leasing Prospects
  • Diverse Tenant Mix
  • Improved Infrastructure

Radius 1 mile 3 mile 5 mile
Population Density 2,182 44,596 118,108
Household Income $79,394 $72,968 $70,950
Daytime Pop 1,758 14,159 40,305

SIMILAR PROPERTIES

Single-Tenant
408 W Maumee St
Adrian, Michigan

$1,732,143 | 19,833 SF
Multi-Tenant
4025 24th Ave
Fort Gratiot, Michigan

$10,200,000 | 86,923 SF
Multi-Tenant
1830-1879 172nd Ave
Grand Haven, Michigan

$4,287,781 | 31,034 SF
Multi-Tenant
8747-8751 Brecksville Rd
Brecksville, Ohio

$3,213,174 | 10,603 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement