Listing

Retail Property
Commercial Investment

880 W. Sherman Blvd.

880 W. Sherman Blvd.

[ FOR LEASE ]

880 W. Sherman Blvd.
Muskegon, MI 49441

Retail Commercial Property for Sale
Mixed Use Opportunities

Location

Gallery

Location

880 W. Sherman Blvd.

880 W. Sherman Blvd.

Gallery

Perfect tenant mix for the immediate trade area in Muskegon, MI. The property has been leased by Sav-a-Lot and Family Dollar for extended lease terms. The small space tenants have also recently renewed and the center has enjoyed full and consistent occupancy.

Located at a lighted corner with heavy shopping traffic on both frontage streets. *20,573 CPD on West Sherman and 9,032 CPD on Henry Street.

The building has been well maintained and a new roof was installed in 2016. The asphalt parking lot was filled and sealed in 2018. Increasing rents make this property an excellent investment for stable and increasing cash flows.

Amenities

Grocery Anchored Strip Center
Leasable Square Feet: 29,316
2017 NOI: $169M
2018 NOI: $172M
Long Term Leases
New Roof
Updated HVAC

Located:

At the bustling cross roads of Muskegon & Norton Shores, MI

Team Contacts

Ross Pope

Direct: 616.502.0238
Email:
ross@redstonelive.com

Owner / Broker

Chad Clemens

Direct: 616.633.3836
Email:
chad@redstonelive.com

Commercial Agent

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