Chase Investment Company

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Chase Investment Company

158-182 S Washington St Oxford MI Oakland County

Sales Price: $1,996,666

Cap Rate: 9.00%

Contact Person(s): Louis J. Ciotti
Scott J. Sonenberg
Anthony J. Vitale

Description:

  • OXFORD COMMUNITY SCHOOLS LEASE:
    Oxford Community Schools is the only school district in Oxford. It is comprised of nine schools ranging from high school to elementary. In 2010 it was featured as one of the “Best Schools in Michigan”. 54% of the Shopping Center is leased directly to Oxford Community Schools. They have been operating since 2013 and for the second time in 2019 decided to expand their square footage.
  • RECENT LEASE EXTENSIONS:
    Oxford Kitchen & Bath, VIP Tanning, Thai Pho Restaurant, and Roosters, which comprises 36% of the Shopping Center, recently signed Lease Extensions in 2019. This shows a strong commitment to the Shopping Center and trade area.

Building Size: 20,860 SF

Tenant Roster: Roosters, Oxford Community Schools, Oxford Virtual Academy, VIP Tanning, Procraft Inc, T-Nails & Thai Pho Restaurant

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 28,932 48,351 187,600
Avg. HH Income: $115,020 $119,501 $125,153

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.