Owosso Shopping Center

Owosso, MI-48867


Price $4,791,728
Cap Rate 8.8%
NOI $361,305
Leasable Area 27,980 SF
Year Built 1998
Occupancy 100%
Status Available
Price Per SF $171

Listed By

Jonah Katz

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Property Highlights

NMR & Associates is pleased to present the Rite Aid | Advance Auto Parts Center, a 27,980 Square Foot retail center located on
East Main Street in the Lansing suburb of Owosso, MI. The property is currently 100% percent occupied by various tenants
on NNN leases and is anchored by a Rite Aid Pharmacy store and Advance Auto Parts. Rite Aid recently illustrated it’s long term
commitment to this site by executing a new 10 year lease renewal as well has transformed the store to their preferred
Wellness Concept. “Genuine Wellbeing Remodels” cost approximately $500,000.

Owosso Shopping Center

Owosso, MI, 48867
Price Per SF: $171