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$2,900,000
Est. payment /mo
29,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 29,120 sqft
Price per Sqft $99
Municipality Lincoln Park City
Subdivision Lincoln Park City
MLS Listing ID 20261091404
Year Built 1987
Annual Tax Amount $43,019
Lot Size 3.100 Acres
Acres 3.1
Lot Dimensions 370 x 357 x 399 x 359
Source Realcomp
Property Description
Park Place Retail Center, located at 1071 Fort Street in Lincoln Park, Michigan, an established multi-tenant retail investment is offered for sale. The property is 100% occupied with an established tenant roster, anchored by Dollar General and Rent-A-Center. Dollar General recently renewed it's lease further supporting the property's established income stream. The center features a diverse mix of retail, restaurant, and service-oriented tenants and generates an NOI of $182,696.The property consists of approximately 29,120 square feet situated on 3.10 acres, with 528 feet of frontage along Fort Street. Current tenants include Dollar General, Rent-A-Center, Liquidation Center, Mr. Fish & Chicken, and Dr. Elem PC. Rent roll and additional financials provided by broker. **Do not disturb or approach tenants**
Location
State MI
County Wayne
Zoning Commercial
Direction Outer Drive to Fort St
Exterior
View Y/N No
Building
Foundation Slab
Water Public
Structure Type Brick
Schools
School District Lincoln Park
Others
Tax ID 45002080086303
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Listed by Forward Commercial Group
NEARBY SCHOOL & BUSINESS
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