Pipestone Plaza

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Pipestone Plaza

1950 Pipestone Road Benton Harbor MI Berrien County

Sales Price: UNPRICED

Contact Person(s): Daniel Kukes
Kevin Baker
Jason Greenspan
Max Lippitt

Description:

VALUE-ADD OPPORTUNITY

  • With 84% of the shopping center occupied, this asset presents opportunity for a new ownership group to lease several vacancies and significantly increase the NOI.

CREDIT TENANTS

  • 78% of the center’s rental revenue comes from national credit rated retailers including Big Lots, Burlington, Harbor Freight, Citi Trends and Applebee’s creating the dominant discount retail anchored center in the market.

Building Size: 176,183 SF

Lot Size: 16.07 AC

Available Space: 27,712 SF

Zoning: Commercial

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 1,135 26,405 50,262
Avg. HH Income: $37,051 $48,078 $68,288

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.