West Branch Outlet Shops - Availability Details

For Sale7995000

2990 Cook Road, West Branch, MI 48661

  • Retail
  • Strip Center

Details

  • Sale Price 7995000
  • City West Branch
  • Neighborhood West Branch
  • Zip Code 48661
  • Property Type Retail - Strip Center
  • Property Size 112,570 Sqft
  • Lot Size 13 Acre
  • Parking Spaces Avail. 743
  • Property Tenancy Multi-Tenant
  • Date Updated 10 Oct, 2019

Description

Cedar William, as the exclusive advisor to the Owner, is pleased to present the opportunity to acquire 100% fee simple interest in West Branch Outlet Shops. The 112,570 square-foot outlet is home to a tenant line-up consisting heavily of national retailers including Old Navy, Gap, and Coach, among others. The outlet is situated directly off Interstate 75, Michigan’s primary north/ south road-way, in the heart of West Branch’s retail corridor. Occupancy currently stands at 75% giving the next investor the opportunity to create value through lease-up and the development of a 1.38-acre vacant land parcel. West Branch Outlet Shops benefits from the tourist draw to the region, with many travelers passing by the center each day commuting to or from Traverse City, Mackinac Island, Harbor Springs, or other lakefront towns found along Michigan’s 3,000 miles of Great Lakes shoreline. The asset is equidistant from many of these year-round, destination cities to the north and Detroit to the south.

Attachments

Commercial Broker

broker

Steven Koutsantonis

Cedar William

(917) 903-4168

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