Listed by Advantage Commercial Real Estate
$1,465,000
4241 Old Us Highway 27 S
Details
APN 010-028-200-045-03
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 12,724
Cap Rate 10.15%
NOI $148,738
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Price per SqFt $115
Class B
Year Built 2000
Buildings 1
Stories 1
Acreage 1.350
Investment Type Stabilized
Office | 10.15% CAP | 12,724 SqFt
Marketing description
Advantage Commercial Real Estate is pleased to present the sale of 4241 Old US Hwy 27 S, a 12,724 SF office property in Gaylord, MI. The property is fully leased to two tenants through 2030 with substantial annual increases.
Listing Contacts
Listed by Advantage Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$148,738.00
$12,394.83/mo
Valuation Metrics
0
DSCR
10.15%
Cap Rate
10.15%
ROI
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