Seller's Comments and Description:
Red Run Plaza is a multi-tenant retail investment asset with 28,210 square feet of rentable area. The property is located near the intersection of 15 Mile and Schoenherr creating significant visibility to the tenants. The asset has a healthy mix of local tenants attracting consumers from the Macomb County area. Economically, the asset is 84% occupied and yielding cash flow of approximately $177,558 per year.