CALL FOR OFFERS. Income-Producing Mixed Use Commercial Property Flint, Michigan 34,500 Square Feet EXECUTIVE SUMMARY

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Dwight Rice
6 years ago
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Potential for: Retail / Medical / Office Users Investors

1 CALL FOR OFFERS Income-Producing Mixed Use Commercial Property Flint, Michigan 34,500 Square Feet Major Potential for: Retail / Medical / Office Users Investors EXECUTIVE SUMMARY For More Information Call: Ext. 105

2 Disclosure Statement Confidentiality & Conditions: ALL INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES DEEMED RELIABLE. NO WARRANTIES OF REPRESENTATION, EXPRESSED OR IMPLIED, ARE MADE REGARDING THE ACCURACY OF THE INFORMATION CONTAINED HEREIN AND SUCH INFORMATION IS SUBMITTED SUBJECT TO ERRORS, OMMISSIONS, PRIOR LEASES ASSIGNMENT, SUBLEASE AND/OR WITHDRAWAL WITHOUT NOTICE. Contact: Joe DiMitrio A&G Realty Partners, LLC 445 Broadhollow Road, Suite 410 Melville, NY Main: Ext. 105 Main: Ext. 105 Direct: Bryan Weiss, Esq. Mid-America Real Estate-Michigan, Inc Woodward Avenue, Suite 100 Bloomfield Hills, MI Main: Fax:

3 Executive Summary 4520 Linden Creek Parkway Flint, MI 3

4 Executive Summary OFFERING OVERVIEW: A&G Realty Partners and Mid-America Real Estate-Michigan, Inc. are pleased to present, the opportunity to acquire a 34,500 sq. ft. income-producing mixed use commercial property, available in Flint, Michigan. The property is centrally located along the I-69/Linden Creek Parkway Retail Corridor, and has excellent visibility and access. PROPERTY INSPECTION INFORMATION: On-site inspections are your opportunity to drive by the property and to meet our representatives. Our team will be available to explain all procedures and requirements, as well as answer any questions you may have regarding the property and sales process. The property is available for inspection by appointment. To schedule an appointment to view the property, please contact Joe DiMitrio at A&G Realty: Ext. 105 Bryan Weiss, Esq. at Mid-America Real Estate-Michigan, Inc.:

5 Income Statement Income Statement 4520 Linden Creek LLC Cash Accounting June 30, 2017 Month to Date Year to Date Income 4000 Rent or Lease Income 4010 CAM 4070 Utility Reimb. Income 4100 Late/NSF Fee Income $10, $3, $1, $69, $25, $8, $ Total Income $14, $104, Expenses Administrative Expenses 6100 Administrative Expenses 6110 Bank Fees 6170 Postage/Delivery 6220 Legal Fees 6250 Fees & Permits 6500 Insurance-General 6600 Property Taxes $72.21 $2, $ $ $7.00 $27.18 $5, $25.00 $1, $8, Total Administrative Expenses $2, $15,

6 Income Statement Income Statement 4520 Linden Creek LLC Cash Accounting June 30, 2017 Month to Date Year to Date CAM Expense 5100 Grounds-Maint/Mowing 5110 Grounds-Pest Control 5125 Pavement Repairs 5175 Winter Operations 5190 Trash Removal 5300 Utilities-Electric 5310 Utilities-Gas 5330 Utilities-Water Sewer 5490 On-Site Management General Expenses 5650 Fire Alarm/Security 5700 Repair and Maintenance 5710 HVAC 5720 Plumbing $1, $ $ $1, $ $ $1, $1, $1, $1, $4, $4, $12, $5, $2, $8, Total CAM Expense $5, $42, $ $1, $ $1, $1, Total General Expenses $6, $41, Total Expenses $8, $63, Net Operating Income (Loss) $6, $41,

PARCEL ID 07-33-300-016 2016 REAL ESTATE TAXES $34,351.

7 PROPERTY OVERVIEW Property Description ADDRESS 4520 Linden Creek Parkway Flint, MI COUNTY Genesee PROPERTY TYPE Mixed Use Commercial Property TOTAL BUILDING AREA 34,500 Sq. Ft. PARCEL ID REAL ESTATE TAXES $34, PROPERTY HIGHLIGHTS FEATURES Income-Producing Centrally located along the I-69/Linden Creek Parkway Retail Corridor Excellent Access & Visibility 7

8 Tax Map 4520 Linden Creek Parkway, Flint, MI 8

9 Aerial Map 4520 Linden Creek Parkway, Flint, MI 9

10 Tax Card 10

Area Map AREA OVERVIEW: The property is located at 4520 Linden Creek

Flint is located in Genesee County 4520 Linden Creek Parkway, Flint, MI

11 Area Map AREA OVERVIEW: The property is located at 4520 Linden Creek Parkway, in the city of Flint, and in the state of Michigan. Flint is located in Genesee County 4520 Linden Creek Parkway, Flint, MI Major nearby arterial roads serving Flint, include: Interstate 69 and Interstate 75. Bishop International Airport is located approximately 5 miles northeast of the property. Location of Genesee County in the State of Michigan 11

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