1230 Francis St, Jackson, MI
100% occupied retail center with strong cash flow.
- Added:
- Apr 25, 2025
- Days on Market:
- 412
- Last Refresh:
- May 20 at 9:54 pm
Property Features for 1230 Francis St
General Information
- Standard status
- Active
- Size
- 4,032 SF
- Lot size
- 0.41 Acres
- Property subtype
- RETAIL
Listing agent Brad Margolis License #6501371948 (248) 351-4367
Listing office NAI Farbman - Corporate (248) 351-4367
Listing date Apr 25, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of NAI Farbman - Corporate
HighLights
- 100% Occupied with Strong Cash Flow
- Domino’s Pizza Anchored Center
- Recently Executed 5‑year Leases
- Hard Corner Location just Minutes from Downtown Jackson
- Fantastic Retail / Office Space with Great Visibility
- Ample Parking with Smooth Ingress / Egress
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.4k | $12.00 |
| − Vacancy | −$8.7k | −$2.15 |
| EGI | $39.7k | $9.85 |
| − OpEx | −$11.9k | −$2.96 |
| NOI | $27.8k | $6.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Jackson
- State
- Michigan
- Longitude
- -84.4041
- Latitude
- 42.2337
