Class A Office-Sterling Heights-Mound Rd Frontage

Expired Office for Sale
Catylist Listing ID: 30000892
Property Subtypes: Executive Suites, Office Building
Building Size (RSF): 12,270 SF
Gross Building Area: See Agent
Gross Land Area: 1.25 Acres
Sale Price: $1,499,000
Unit Price: $122.17 PSF
Ceiling: 10 ft.
Property Use Type: Investment, Vacant/Owner-User
Class of Space: Class A
Usable Size (USF): 12,270 SF
Sale Terms: Cash to Seller, Sale/Leaseback
Cap Rate: Undisclosed
Expired On: 2/25/2017
Last Updated: 2/25/2017

Overview / Comments

Impressive executive offices and meeting rooms surround the completely modern open work environment. This property was constructed in 2001 by the current owners to house their successful business and provide a comfortable, efficient work environment for employees. 3,000 sq ft basement is extra deep and dry, serviced by a true commercial wide staircase. The current owner will stay on as tenant utilizing approximately 75% of the building and paying market rates for up to 3 years, perhaps more. This is an excellent property to update your business quarters and enjoy a high quality real estate investment. Located in Sterling Heights on Mound Road, corner location, plenty of parking and nice monument signage. Call soon for appointment, before its under contract!

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 1020276030
Property Located Between: 16 & 17 Mile Roads
Property Visibility: Excellent
Highway Access: On Mound Road!
Site Description: Corner Site
Area Description: Highly desirable, high traffic count, great demographics! Minutes to I-696 and I-75 freeways.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 12,270 SF
Year Built: 2001
Roof Type: Gable
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Cement, surrounding building on 3 sides.
Total Parking Spaces: 42
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: 11 executive offices, meeting room, lunch room, open office environment.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Private

Attachments & Media

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,786 128,841 335,774
Median Age: 38.72 40.9 41.09
Households: 3,653 48,570 134,624


Photograph of Listing Agent

Robert D Kluck

Professional Leasing & Sales, Inc
CPIX Member
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