15203 Holly Rd Holly, MI 48442

This exceptional Class A retail building, situated at 15203 Holly Rd, Holly, MI 48442, presents a compelling owner-user or investment opportunity. The 2,476 square foot property boasts a strong existing tenant, Little Caesars, who has maintained a presence for over a decade, demonstrating significant commitment to the location. Currently, the building has 52% occupancy, with 1,200 square feet of net rentable space available for lease. The property features a prominent monument sign on Holly Road, ensuring high visibility for tenants. Built in 1995, this single-story building offers ample parking with 10 spaces and is zoned for commercial use. The property's financial performance is attractive, with a pro-forma NOI of $55,326 and a pro-forma cap rate of 9.62%. The asking price is $575,000. This owner/user investment opportunity is ideally located on Holly's main retail corridor, benefiting from the area's thriving amenities, including nearby state parks offering diverse recreational activities. The building's strong tenant history and prime location make it an excellent choice for investors and owner-users alike. This is a rare chance to acquire a well-positioned retail property in a desirable Michigan community.