1632 142nd, Dorr, MI 49323
$5.95
Property Type:
Commercial Lease
Square Footage:
52,090
Lot Size (sq. ft.):
419,918
Status:
Sold
Current Price:
$5.95
List Date:
6/06/2018
Last Modified:
9/24/2021
Description
One of the highest traffic counts in Allegan County. Busy mall with Ace hardware, brewery/bowling ally, restaurants, retail, and lots of parking. The three year NNN lease terms are $5.95/sq ft /yr 2.5% escalators. First year rent will be $1,233.14/month plus CAM of approx. $1.00/ sq ft per year or $207.25/month. Total monthly first year $1440.39/month.
More Information MLS# 18025630
Location & Property Info
Cross Streets: 142nd and 16th
Property Sub-Type: Retail
Area: Grand Rapids - G
Municipality: Dorr Twp
Office/Contract Info
Monthly Rent: 0
Lease Type: Triple Net
Lease Term: 3.5 year NNN Annual 2.5%
Est Addtnl Annual Charges: 3000
Available for Sale?: No
General Property Info
New Construction: No
Lot Dimensions: 708 plus 85 irreg
Road Frontage: 793
Waterfront: No
Utility Ext. DIstrict: No
Current Bldg Use: Mall includes brewery/bowling alley, pizza, hardware store, driving school, retail store.
Total # Units: 7
# of Diff Unit Floor Plans: 7
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 52090
School District: Wayland
Lot Measurement: Acres
Lot Acres: 9.64
Lot Square Footage: 419918
Year Built: 1986
Tax Info
Spec Assmnt. & Type: 0
Non-Conforming Use: No
Zoning: COMMERCIAL
Tax ID #: 03-05-022-001-10
Remarks & Misc
Legal: LL in LO
Waterfront Options
Water Access Y/N: No
Additional Details
Ceiling Height: 18
Street Type
Paved: 1
Public: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Bar/Tavern/Lounge: 1
Institutional: 1
Professional Service: 1
Professional/Office: 1
Recreation: 1
Restaurant: 1
Retail: 1
Other: 1
Construction Type
Block: 1
Concrete: 1
Steel: 1
Exterior Material
Block: 1
Brick: 1
Stone: 1
Stucco: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Additional Features
Barrier Free: 1
Clearspan: 1
Fire Sprinkler: 1
Tenant Pays
Building Insurance: 1
Common Area Maintenance: 1
Electric: 1
Gas: 1
Janitorial: 1
Management Fee: 1
Prop Taxes/Assessments: 1
Sewer: 1
Trash: 1
Water: 1
Other: 1
Util Avail at St
None: 1
Driveway
Paved: 1
Unit 1
SqFt: 2487
Rent $/Month: 1233.14
# HVAC: 2
# Restrooms: 2
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Tenant Pays Other: 1
Tenant Pays Sewer: 1
Tenant Pays Trash: 1
Tenant Pays Water: 1
Location Property Info
County: Allegan
Street #: 1632
Street Name: 142nd
State: MI
Zip Code: 49323
OfficeContract Info
Status: Sold
List Price: $5.95
Current Price: $5.95
Listing Date: 2018-06-06
Remarks Misc
Directions: 131 to 142nd west to Hillcrest Mall.
Status Change Info
Under Contract Date: 2019-08-05
Sold Date: 2019-08-05
Sold Price: $5.95
Property Features
Uses: Bar/Tavern/Lounge; Institutional; Professional Service; Professional/Office; Recreation; Restaurant; Retail; Other
Construction Type: Block; Concrete; Steel
Exterior Material: Block; Brick; Stone; Stucco
Roofing: Rubber
Below Grade: None
Additional Features: Barrier Free; Clearspan; Fire Sprinkler
Tenant Pays: Building Insurance; Common Area Maintenance; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assessments; Sewer; Trash; Water; Other
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: None
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Other; Tenant Pays Sewer; Tenant Pays Trash; Tenant Pays Water
Listing Office:
Morgan Realty
Listing Agent:
John M Williams
Last Updated: September - 24 - 2021
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
