Cudahy Center

Investment Highlights

  • Pick’n Save Grocery Anchored Center
  • Pick’n Save is a Subsidiary of Kroger
  • Pick’n Save Recently Extended for 5 Years
  • Pick’n Save is Market Dominant Grocer
  • No Near Term Lease Rollover
  • Stabilized (94%)
  • 74% National Tenants
  • Scheduled Rent Increases
  • Below Market Rents
  • Rents Only Average $7.05/sf
  • Priced Below Replacement Cost
  • Half Mile from lake Michigan Coast
  • Over 138,000 People within 5 Miles
  • Trffic Counts: 32,000 Cars/Day
  • Scheduled Rent Increases

Offering Summary

  • Price: $7,500,000
  • CAP: 7.72%
  • GLA: 103,254
  • Pice/SF: $72.64
  • Site Area: 7.7 Acres
  • Occupancy: 94%

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