Fantastic Opportunity

Office for Sale
Catylist Listing ID: 30171997
Property Subtypes: Office Building
Building Size (RSF): 3,200 SF
Gross Building Area: See Agent
Gross Land Area: 72 - 190 SF
Sale Price: $359,900
Unit Price: $112.47 PSF
Property Use Type: Net Leased Investment (NNN), Business
Building Name: Kerr Acres
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/27/2018

Overview / Comments

Fantastic Opportunity to Own This Very Well Kept Commercial Office Building Right Off Busy Highland Road. Heavy Traffic Exposure. Lease Opportunity at $16.00 Per SqFt. At A Triple net Lease. Lease Would Be For A Medical Office Only As It Is Already Set Up As One. Approximately 30 Parking Spots, 1100 SqFt of Basement, 3 Units Total Of 3200 SQFt. Building Was Remodeled In 1998 And A New Roof Put On This Year 2016.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Lakes Area
Tax ID/APN: 1316378009
Zoning: COMMERCIAL, OFFICE
Property Located Between: North of Pontiac Lake Road / East of Airport Road
Highway Access: Yes / 5
Airports: Yes / 1
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 3,200 SF
Year Built: 1979
Year Renovated: 1998
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Disabled Access, Perimeter Fence
Parking Type: Surface
Total Parking Spaces: 30
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Zoning Description: Commercial, Office
Lot Frontage: 70
Lot Depth: 190
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,405 70,336 162,785
Median Age: 40.42 39.41 39.26
Households: 3,999 28,727 64,564

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