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135 W Prospect St
Jackson, MI 49203

$569,000 USD

Freestanding For Sale  •  7,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,000 SF
  • Lot Size 0.76 AC
  • Building Class C
  • Year Built 2000
  • Cap Rate 8.00 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
45 Walk Score

Highlights

-Fortune 500 Tenant
- Double Net (NN) Lease Structure with Minimal Landlord Responsibilities
- Low Price Point 7,000 SF free-standing building
-Built in 2000 with more recent remodeling and roof sealing
- Absent a Lease Renewal, site offers great owner/user/new leasing opportunities.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $45,500 USD (2024)
Cap Rate: 8.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Advance Auto Parts 7,000 SF 12/31/2025

Amenities

  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Jackson (Wolverine - Amtrak) 3 min - 1.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 24
Type: Surface
Included in Rent: Yes
David De Maagd 616-566-5790 SVN | Investment Property Advisors
David De Maagd 616-566-5790 SVN | Investment Property Advisors