Jackson Plaza

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Jackson Plaza

1101 Boardman Rd Jackson MI Jackson County

Sales Price: $5,744,600

Cap Rate: 7.50%

Contact Person(s): Daniel H. Kukes
Kevin J. Baker
Maxwell E. Lippitt
Jason M. Greenspan

Description:

PAD OF MALL LOCATION
Jackson Plaza is very well located on the pad of Jackson Crossing Mall (635K SF). The mall is anchored by Target, Kohl’s, TJ Maxx, Bed Bath & Beyond, and Best Buy. The mall has a longstanding history of solid tenant sales performance which was a major factor in attracting tenants to the Jackson Plaza development.

NATIONAL CREDIT TENANTS
92% of the rent roll is comprised of national and regional tenants on long term leases.

EXCELLENT FREEWAY ACCESS & VISIBILITY
Jackson Plaza benefits from exceptional visibility and access from I-94 (48,000 CPD) and US-127 (21,300 CPD). The location is unrivaled with no shop space competition surrounding the mall.

Building Size: 15,200 SF

Available Space: 0 SF

Traffic Count: Boardman Rd - 8,576 cpd

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 9,524 97,617 225,559
Avg. HH Income: $51,513 $49,424 $57,757
Daytime Population: 7,225 46,595 56,825

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.