7519 E Michigan Ave

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7519 E Michigan Ave

Jackson, MI
Asking Price
$2.16M
Asset Type
Retail
Class
Class B

What's Special

Located at 7519 E Michigan Ave, this retail property is situated along a primary east-west thoroughfare in the Leoni Township area of Jackson, Michigan. The neighborhood is characterized by a mix of residential communities and local commercial developments. The site offers direct road frontage with convenient ingress and egress for vehicles. Nearby amenities include localized service businesses and recreational areas, while regional connectivity is provided by the property’s proximity to I-94, a major transportation artery linking Jackson to Detroit and Ann Arbor. The asset is designed for high-volume retail use, featuring an open-floor layout and ample on-site parking. Its positioning is well-suited for a variety of value-oriented or essential service tenants, such as general merchandise stores, pharmacies, or discount retailers. This location typically attracts national corporate tenants seeking visibility within established sub-markets. The property’s footprint and functional design accommodate high foot traffic and regular logistical deliveries, making it an ideal long-term anchor for local commercial activity.

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NOI
$80,000
Cap Rate
3.71%
DSCR
0.63
Underwater
Cash-on-Cash
-7.42%
Monthly Payment
$10,663.387
Annual Cash Flow
$-47,960.643

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