3883 W Carleton Road

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3883 W Carleton Road

Hillsdale, MI 49242
Asking Price
$1.30M
Asset Type
Retail
Class
Class B

What's Special

3883 West Carleton Road is situated along a primary commercial corridor in Hillsdale, Michigan, offering direct visibility on M-99. The site is located within a developing retail cluster that serves as a regional hub for Hillsdale County. Immediate neighbors include national retailers, grocery chains, and service-oriented businesses, providing a consistent draw of local and regional traffic. The property benefits from multiple ingress and egress points, facilitating efficient access for commuters traveling between downtown Hillsdale and the surrounding rural residential areas. The property is suited for a variety of general retail or commercial service applications. Ideal use cases include roadside retail, hardware distribution, or automotive services that require high visibility and easy vehicle access. Typical tenants for this location include regional franchises, specialty retailers, or service providers seeking proximity to established national brands. The layout and strategic positioning cater to businesses prioritizing a stable customer base drawn from the local college community and the broader agricultural county.

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NOI
$80,000
Cap Rate
6.15%
DSCR
1.04
Tight
Cash-on-Cash
0.72%
Monthly Payment
$6,431.691
Annual Cash Flow
$2,819.712

Location & Travel Times