Listed by Colliers - Royal Oak/Detroit, Michigan
$7,661,700
37400-37650 Garfield
Details
Property Type Office
Sub Type Medical Office
Square Footage 17,000
NOI $108,787
Occupancy 51%
Tenancy Multi
Year Built 1995
Acreage 2.630
Office | 17,000 SF
Marketing description
The 37650 Garfield Building Offers Exemplify Building Signature Rights and Has Up to 8273 Square Feet Available to a Tenant or Building Purchaser. Buildings Sit Up on Garfield Road and Would Be a Great Location for an Urgent Care or Other Medical or Office Needs or an Office Use That Requires Signage. The Building Sits on 2.63 Acres With 135 Car Parking. Vacant Suite Sizes as Small as 1,235 Sf, Up to 8,273 Sf. The 8,273 Sf Suite Would Allow the Tenant or Purchaser Building Signage Rights.
Investment highlights
- Buy All Four Buildings or One
- 37400 - 16,978 Sf
- 37450 - 8,500 Sf
- 37500 - 8,600 Sf
- 37650 - 17,000 Sf
- Great Upside for an Investor or Owner User
- Combination Office and Medical Tenants
Listing Contacts
Listed by Colliers - Royal Oak/Detroit, Michigan
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$108,787.00
$9,065.58/mo
Valuation Metrics
0
DSCR
1.42%
Cap Rate
1.42%
ROI
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