Investment property

Office for Sale
Catylist Listing ID: 30520743
Property Subtypes: Medical, Office Building, Other
Building Size (RSF): 4,187 SF
Gross Building Area: See Agent
Gross Land Area: 0.32 Acres
Sale Price: $600,000
Unit Price: $143.30 PSF
Ceiling: 9 ft.
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN)
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Last Updated: 1/22/2020

Overview / Comments

Excellent long term stable investment leased to Vetcor who operates over 314 veterinary clinics in 29 states. Wyoming animal Hospital has operated at this location since 1963.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street West
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-11-351-061
Zoning: FBC
Property Visibility: Good
Highway Access: US 131
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 4,187 SF
Year Built: 1963
Roof Type: Flat
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,469 113,369 286,708
Median Age: 31.58 31.31 33.09
Households: 6,381 40,375 108,981
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.