Phoenix Square

South Haven, Michigan

Offering Highlights

Strategically located center anchored by Dunham's, Dollar Tree, China Buffet.

At full interchange with I-196. Shares stoplight with Meijer; near Walmart Supercenter, Aldi, Menards and Tractor Supply.

Dynamic regional draw; major tourist destination.  Growing stable population.

Shadow tenants include Walgreens, AutoZone, BP, Arby's, and Goodwill.  Greyhound bus station positioned at property.

Institutionally owned and maintained. 

75% of tenants have renewed in past two years.  Very low rent structures. 

79% of revenue is from national tenants.  Projected 2% annual growth rate.

Upside via lease up of space; pricing significantly below replacement cost.
Status: Under Contract

Marketing Team

John May
o: 630-990-7979
c: 630-379-4500
Chris LaBounty
o: 630-990-7997
c: 630-263-2603