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: 9/24/2021

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

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Winfield L. Cooper, III

Cooper Commercial CPIX Member
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