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$2,900,000
Est. payment /mo
29,120 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 29,120 sqft
Price per Sqft $99
Subdivision Gleason Park Sub
MLS Listing ID 20261091404
Year Built 1987
Lot Size 3.100 Acres
Acres 3.1
Property Sub-Type RealEstateOnly
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**
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
Area Area05143Lincolnpark
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Lincoln Park
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Emil Cherkasov of Forward Commercial Group
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