Retail Space For Sale @ 8211 Byron Center Ave Sw

Opportunity to own four quality investment assets, priced on in-place income.
The portfolio includes 4 properties:
Regency Commons: 8211 Byron Center Ave SW, Byron Center, MI
Beacon Village: 1705 S. Beacon Blvd., Grand Haven, MI
Empire Beauty School: 6091 Constitution Blvd., Portage, MI
Panopoulos Salon: 12760 Riley St., Holland, MI
The portfolio offers a strong, stable and diversified tenant base, while also offering upside from lease up of available space.
Diverse rent roll that boasts numerous national brand name tenants, two absolute net leases, and several corporate guaranteed leases.
Each asset offers aesthetically pleasing architecture with strong curb appeal and unique styling elements. Two of the buildings are composed of entirely brick construction, while a third offers brick and/or decorative split-face block on all four sides.
Well-maintained buildings with some capital improvements made recently – reduces need for major capital expenses in near future (keep more of your cash flow!).
The property is offered free and clear of existing debt, providing an investor the opportunity to take advantage of the highly aggressive capital markets, low interest rates and maximum leverage.
Each asset is located in an established, well trafficked retail district, thus ensuring long term asset stability.
Priced Below Replacement Cost: Maintain rental pricing advantage over any new building constructed in the market, while offering modern retail appeal. The West Michigan/Greater Grand Rapids area is a vibrant and rapidly evolving community that offers a dynamic and growing economy anchored by a number of significant home based corporations, in addition to a strong medical component.

A full offering memorandum is available after a signed confidentiality agreement has been received.