10525 S Meridian Rd, Clarklake, MI 49234
Retail space available for purchase.
- Added:
- Oct 14, 2022
- Days on Market:
- 1362
- Last Refresh:
- May 19 at 8:47 pm
Property Features for 10525 S Meridian Rd
General Information
- Standard status
- Active
- Size
- 5,528 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1991
Listing office ERA Reardon Realty (517) 206-0459
Listing date Oct 14, 2022
Source Crexi
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 ERA Reardon Realty
HighLights
- For sale
- Year Built: 1991
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 | $66.3k | $12.00 |
| − Vacancy | −$11.9k | −$2.15 |
| EGI | $54.5k | $9.85 |
| − OpEx | −$16.3k | −$2.96 |
| NOI | $38.1k | $6.90 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Clarklake
- County
- Jackson
- State
- Michigan
- Longitude
- -84.36223
- Latitude
- 42.108707
