Domino’s Pizza Anchored Retail
1230 Francis St, Jackson, MI
For Sale
Contact for pricing
100% occupied retail center with strong cash flow.
Property Size4,032 SF
Lot Size0.41 Acres
Price / SF$105.41
Days on Market564
Property Features for 1230 Francis St
General Information
Standard status
Size
Lot size
Property subtype
Listing Agency:
NAI Farbman - Corporate
(248) 353-0500
Listed By:
Brad Margolis · License MI #6501371948
(248) 351-4367
Source:
Moodyscre
Added: Apr 25, 2025
Changed: Nov 4
Last Checked: Nov 8 at 8:55AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,032 square foot retail property is anchored by Domino’s Pizza. The property is 100% occupied and generates strong cash flow. Recently executed 5-year leases are in place. The property benefits from a hard corner location, situated just minutes from downtown Jackson. The retail and office space offers great visibility. Ample parking is available, with smooth ingress and egress.
Key Highlights
- 100% Occupied with Strong Cash Flow
- Domino’s Pizza Anchored Center
- Recently Executed 5‑year Leases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,806
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,120
$556.1K
Cap Rate 7%
$397,229
$397.2K
Cap Rate 9%
$308,956
$309.0K
Market Conditions
NOI Build-Up for 4,032 SF
Gross rent
$48.4K $12.00/SF
− Vacancy
−$8.7K −$2.15/SF
EGI
$39.7K $9.85/SF
− OpEx
−$11.9K −$2.96/SF
NOI
$27.8K $6.90/SF
Area
Jackson County, MI
Vacancy
17.90%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,120
Cap Rate 7%
$397,229
Cap Rate 9%
$308,956
Alternative Uses
Best Use
Retail
$397.2K
$347.6K – $463.4K
NOI $27,806 @ 7.0% cap · market cap 6.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$643.6K
$563.2K – $750.9K
NOI $45,055 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
257
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 88%
Dining 12%
Dollar General
Shops & Services
5,377 visits/mo
0.4 miles
Advance Auto Parts
Shops & Services
3,082 visits/mo
0.4 miles
AutoZone
Shops & Services
1,883 visits/mo
0.0 miles
Domino's Pizza
Dining
1,452 visits/mo
0.1 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Shopping center - 100% occupied retail center with strong cash flow.
Where is this shopping center located?
The property is located at 1230 Francis St Jackson, MI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 100% Occupied with Strong Cash Flow; Domino’s Pizza Anchored Center; Recently Executed 5‑year Leases
