Catylist ID: #30210965
Clio Vienna Shopping Center
Shopping Center for Sale
|Catylist Listing ID:||30210965|
|Property Subtypes:||Community Center, Mixed Use, Neighborhood Center, Net Leased|
|Building Size (RSF):||58,260 SF|
|Gross Building Area:||See Agent|
|Unit Price:||$48.06 PSF|
|Property Use Type:||Investment|
|Sale Terms:||Cash to Seller|
Overview / Comments
This Mott Community College (MCC) , serves as Northern Tier of Genesee Countys' satellite Campus which is 17.5 miles from the MCC Main Campus located Downtown Flint, MI. The nearest Goodwill from the site is 15.7 miles on Miller Rd. in Flint Township, MI.
Mott Community College recently renewed its lease for an additional Five Years with a price of $7.50 per SF, $167,512.50 annually
Goodwill Industries recently renewed its lease for an additional five years with a price of $6.25 per SF, $84,375 annually.
There is currently 22,800 SF vacancy in the center. The subject property is leased at below market rates.
There is also potential to develop an outpad on the site, there have been discussions with some National food retailers for this pad.
The Property is located on 4082 Vienna Rd. (M-57) Clio, MI 48420 a half mile East of I-75. Clio (Vienna Township) is a stable suburban community in Genesee County, Michigan. The Median Household Income in a 3 mile radius from the site is $48,032.
Attachments & Media
|Proximity:||1 mile||3 miles||5 miles|
Edward AndersonCommercial Realty Inc.
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