We appraise all types of retail properties. These include the smaller single-tenant properties up to large shopping centers. Retail lease structures can vary greatly from gross lease terms with the tenant paying rent with no responsibility for any costs, up to triple net terms with the tenant paying rent and essentially all costs for their pro-rata share of expenses. We have the expertise to sift through leases and lease comps to find out exactly who is paying what. Retail properties we have recently appraised include:
-174,000 square foot shopping center located in Evansville, Indiana
-136,000 square foot shopping center located in Grand Rapids, Michigan
-24,000 square foot strip center located in Holland, Michigan
-2,800 square foot store front located in Muskegon, Michigan
-7,300 square foot retail property located in Mishawaka, Indiana
