4245 Court StBurton, MI 48509

This exceptional 135,170 square foot shopping center in Burton, Michigan, presents a compelling investment opportunity. Located at 4245 E Court St, 48509, this multi-tenant property boasts a strong occupancy rate of 89% and a substantial net operating income (NOI) of $1,131,068. The center features a diverse mix of national tenants including Harbor Freight, Burlington Coat Factory, Big Lots, Michaels, and Five Below, providing a stable and consistent revenue stream. Built in 1989 and situated on a 16.84-acre lot, the property is zoned C-4, allowing for flexibility and potential future development. The asking price is $8,800,000, translating to $65.10 per square foot, significantly below replacement cost. Recent leasing activity has secured new long-term national tenants, further enhancing the property's value and potential for future growth. The center benefits from a Home Depot shadow anchor and improved infrastructure, contributing to its strong performance and attractive investment profile. Significant upside potential exists through value-add opportunities and interested leasing prospects. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a thriving market.