Catylist Listing ID: 30423477
Property Subtypes: Executive Suites, Medical, Office Building
Building Size (RSF): 8,494 SF
Gross Building Area: See Agent
Gross Land Area: 0.98 Acres
Sale Price: $695,000
Unit Price: $81.82 PSF
Ceiling: 12 ft.
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 9.9%
Last Updated: 7/28/2020

Overview / Comments

Exceptional investment offering in a prime area of Clinton Township. Minutes to Henry Ford Macomb, M-59, Hayes and Garfield. Flexible layout, currently used as 6 units.

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Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 16-11-07-126-029
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,494 SF
Year Built: 1980
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Total Parking Spaces: 77
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 109
Lot Depth: 360
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,876 144,404 319,250
Median Age: 42.04 41.75 40.62
Households: 8,022 57,931 126,180
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