Bristol Place Plaza
Retail-Commercial
for Sale
Catylist Listing ID: |
30753908 |
Property Subtypes: |
Mixed Use, Retail-Pad, Street Retail
|
Building Size (RSF): |
19,162 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
3 Acres
|
Sale Price: |
$1,795,000 |
Unit Price: |
$93.67 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Net Leased Investment (NNN) |
Building Name: |
Bristol Place |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
9/13/2023 |
Overview / Comments
Fully leased one story multi-tenant professional center in the Miller-Linden corridor between Miller and Bristol with great access to I-69 and I-75/US-23. NOI $182,000. Ample, well-lighted parking in a large campus-style office development. Tenants include: Northwood University, Bremer Prosthetics, A New Life Chiropractic, Cooper Commercial, Lin-Mar Investments, Affordable Eyewear, Compassionate Hands Birth Services and Coura Crown.
2021 Taxable Value $698,571; 2021 Assessed Value $1,340,700
2021 Taxes $40,934.24
|
Financials
Finance Data Year |
2021 |
Real Estate Taxes - Annual($) |
$40,934 (Annual) |
Assessed Value - Total($) |
$1,340,700 (Annual) |
Additional Details
Nearest MSA: |
Flint |
County: |
Genesee |
Taxing Authority: |
Flint Township |
Tax ID/APN: |
25-07-28-552-011 |
Retail Clientele: |
General, Family, Business |
Property Located Between: |
Miller & Bristol |
Property Visibility: |
Excellent |
Largest Nearby Street: |
Miller Road |
Feet of Frontage: |
344 |
Highway Access: |
I-69, I-75/US-23 |
Airports: |
Bishop International Airport |
Site Description: |
Irregular shape; two one-story retail type plazas containing both office and retail. |
Area Description: |
Located in the southwest portion of Flint Township in the general area bounded by I-69 to the south, I-75 to the east, Corunna Road to the north and Elms Road to the west. |
Tenancy: |
Multiple Tenants |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Property Condition: |
Excellent |
Year Built: |
1982 |
Year Renovated: |
2019 |
Roof Type: |
Gable |
Construction/Siding: |
Brick |
Parking Type: |
Surface |
Parking Description: |
+/- 80,000 SF of Asphalt parking which is lighted and striped. Illuminated by High Pressure Sodium Lamps. |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Internet Access: |
Cable |
Interior Description: |
Painted drywall over wood stud framing. Suspended acoustical tile ceilings with fluorescent lighting. |
Lot Frontage: |
344 |
Lot Depth: |
400 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,692 |
31,561 |
118,777 |
Median Age: |
41.37 |
40.16 |
37.27 |
Households: |
1,147 |
13,484 |
48,783 |
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