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AT&T & Sherwin-Williams Anchored Center

AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center AT&T & Sherwin-Williams Anchored Center

Property Overview

Price/Rent PSF $ 725,000.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 16,100
Date Available 08/24/2020
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Floors 1
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Description

Location
Property is situated along the predominant retail corridor in Cadillac, MI. The area has a strong industrial economic base and benefits greatly from year round tourism. Cadillac serves a very wide retail trade area with ample center traffic driven by both Sherwin-Williams and AT&T. The next closet locations for both national tenants is 40+ miles away.

Sale
SVN/Stewart Commercial Group is pleased to present this stable, cash flowing multi-tenant retail property situated along Cadillac MI’s primary retail corridor. The property has enjoyed a very long and successful tenant relationship with two premier national retailers, Sherwin-Williams and AT&T. Sherwin-Williams has been a tenant at the center for over 40 years and recently exercised a 5-year renewal term a year early demonstrating a continued commitment to the location. AT&T has been a tenant at the center for over 20 years has been a major draw for many years. Sherwin-Williams reimburses for property taxes, snow removal and CAM. AT&T reimburses for property taxes and snow removal. Both tenants currently pay substantially below market rent.

A 3,100 sf end-cap vacancy provides revenue upside for the owner.

The Mitchell Street location provides significant visibility and easy ingress/egress. Mitchell Street is the primary arterial road in the City of Cadillac. The building was completely painted and ½ of the roof was replaced in the last couple of years.



Lease
AVAILABLE FOR LEASE - 3,100 SF end cap retail suite in Cadillac, MI. Located just north of downtown Cadillac on the primary and well established Mitchell Street retail corridor. This highly visible site offers pylon signage on Mitchell Street as well as the opportunity for tenant specific signage affixed to the building. Ample parking is available as well as multiple ingress/egress options. Long standing neighboring tenants include Sherwin-Williams and AT&T, both of which generate considerable traffic for the center. The center shares a parking lot with the very popular Wexford Jewelers. Driving additional traffic in the area is a Family Dollar and Sav-A-Lot Grocery Store, both located directly across the street.

Location

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