3 Office Buildings For Sale

Office for Sale
Catylist Listing ID: 30495467
Property Subtypes: Medical, Office Building
Building Size (RSF): 12,491 SF
Gross Land Area: 2.65 Acres
Sale Price: $1,199,573
Unit Price: $96.03 PSF
Property Use Type: Investment
Class of Space: Class B
Usable Size (USF): 12,491 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 8.0%
Average Occupancy Rate: 100
Last Updated: 1/20/2020

Overview / Comments

Investment Opportunity!
Three single tenant NNN Leased medical buildings being offered for sale as a package. The buildings are located in Coldwater, Three Rivers and Sturgis. All three buildings are leased to Blue Sky Vision. Five year lease terms with two (2) five (5) year renewal options.

Additional Details

Nearest MSA: Coldwater
County: Branch
Tax ID/APN: 75-009-006-022-60, 302-000-000-068-00, 75-052-640-029-00
Zoning: C1, BH-1
Property Located Between: Various
Property Visibility: Good
Total Number of Buildings: 3
Number of Stories: 1
Parking Type: Surface
Heat Type: Natural Gas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,810 15,980 21,461
Median Age: 35.31 37.66 38.84
Households: 2,580 5,179 7,352
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.