Property 8
32,000 sq. ft. Single Building
w/one tenant (Ric's Food Center)
Town Square Development Anchor Tenant
Triple Net Long Term Lease - Minimum $135,600/Yr
Built in 2007
.75 Acres
High Visibility Along Belding Rd
Large Parking Area
Located in Town Square Development - a Mixed Use Development with 25.53 Acres of Residential Area for Single-Family Homes and Townhouses
Auction Starts Monday, June 11.
All Bidding ENDS Thursday, June 14 at 5:00 pm EDT
INSPECTIONS:
Tuesday, May 22 • 1:00 to 5:00 pm
Tuesday, June 12 • 1:00 to 5:00 pm
Other times by Appointment.
Bidding Directions:
The link to online bidding registration is near the bottom of the page. The NDA is applicable to all properties. 1: Bidder must register via the online system with our bidding partner Proxibid; if you haven’t used Proxibid before, you will need to create a user name and password.
2: Bidder must have a signed NDA agreement on file with Maas that allowed the Bidder access to the locked web room(s) to perform his or her adequate due diligence.
3: Bidder must sign the escrow agreement and Bidder must provide return wire transfer directions so that the escrow deposit can be returned on or about Tuesday, June 19 if the bidder is not the successful buyer.
4: Bidder must deposit $5,000/per property or $10,000/Property 8 with the respective escrow agent.
5: Bidder must pre-sign the purchase agreement.
See all Properties in the June 14 Michigan Property Auction |
