| CREOP

Assumable mortgage: $4,100,000 @3.295%, 7 years remaining
Strong location with high traffic count
Gross Monthly Income: $36,529 Total Debt Service (combined loans): $11,633.18 NOI (Monthly): $19,903.03 Annual NOI: $298,749 Cap Rate: 3.3% *Seller financing possible

The property is located in Clair Shores, MI, a city known for its waterfront community and recreational activities, including Jefferson Beach and Lake St. Clair Metropark.
Little Mack Avenue is a bustling commercial corridor with a mix of retail stores, restaurants, and service businesses, providing high visibility and accessibility for potential customers.
The neighborhood surrounding the property is primarily residential, offering a built-in customer base for businesses targeting local residents.