Offering Memorandum

Investment Sale

Tropical Smoothie Café & Kay Jewelers

1361 Boardman Rd
Jackson, Michigan

eCode:047i

Sales Price

$1,689,754

NOI

$109,834

Cap Rate

6.50%

Building Size

3,200 SF

Year Built

2023

Gross Leasable Area

3,200 SF

Tenant Roster

  • Tropical Smoothie Café
  • Kay Jewelers

Traffic Count

I-94 (49,352 CPD)

Highlights

  • New Development – 2023 Construction
  • Rent Increases Mid-Term
  • Excellent Retail Locations
  • Strong Tenancy
  • NNN Leases – Minimal Landlord Responsibilities

Radius 1 mile 3 mile 5 mile
Population Density 6,325 52,993 75,905
Household Income $80,529 $70,526 $74,985
Daytime Pop 4,898 29,127 37,640

SIMILAR PROPERTIES

Single-Tenant
28805 Mound Rd
Warren, Michigan

$1,410,769 | 2,178 SF
Multi-Tenant
3309-3139 Oak View Dr
Omaha, Nebraska

Unpriced | 91,350 SF
Single-Tenant
7852 Mall Rd
Florence, Kentucky

$2,218,333 | 8,500 SF
Multi-Tenant
3360-3378 Washtenaw Ave
Ann Arbor, Michigan

$2,726,526 | 9,275 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement