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Limon Net Lease Group

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Offmarket Sale to Exclusive 1031 Exchange Buyer – Brand New Construction

2275 East Main Street, Owosso, MI, USA Map
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Corporate Starbucks w/ Drive Thru – 10 Year Lease w/ Kickout Option

Listing Price $1,250,333

Status Closed
Lease Type Double Net
Property Type Net Lease
CAP Rate 5.40%
GLA (Sq. Ft.) 2,178
NOI $67,518
Lease Term Remaining 10
State (BOR) MI
Broker of Record Steve Chaben
License # (BOR) 6502387903
Close Date Nov 3, 2021

Investment Highlights

Investment Overview

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2020 Marcus & Millichap and Limon Net Lease Group

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