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449-465 Marshall St
Coldwater, MI 49036
Asking Price
$550K
Cap Rate
9.05%
Asset Type
Shopping Center Retail
Class
Class B
What's Special
Retail | 9.05% CAP | 10,368 SqFt <ul><li>Sherwin Williams - 56 Year Operating History - Build to Suit in 1969</li><li>Renovated Plaza - New Siding and 2 New HVAC units, Parking Lot Repaired and Sealed</li><li>Three Tenant Plaza with 4,800 Square Foot Out Lot Across from Family Dollar and Subway</li><li>Coldwater- County Seat of Branch County - 7 Mile Population - 25,474 & $78,690 Average HH Income</li><li>Less than One Mile from Downtown and Coldwater Elementary, Middle and High School Campuses</li><li>Located on Old US H
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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801
