Listed by NAI Wisinski of West Michigan - Kalamazoo
$1,630,000
6100 Newport
Details
APN 10-00010-086-O
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 18,880
Units 6
Cap Rate 8.40%
Occupancy 86%
Tenancy Multi
Lease Type NNN
Price per SqFt $86
Year Built 1978
Year Renovated 2001
Buildings 1
Stories 3
Acreage 2.240
Zoning OS-1
Parking Spaces 79 spaces
Parking Per SqFt 4.18
Medical Office Investment Property in Portage, MI
Marketing description
INVESTMENT PROPERTY FOR SALE: Multi-tenanted medical office building. 18,880 SF two-story medical office building with an additional 9,280 SF basement space for training and storage on 2.241 acres in North Portage. Anchored by long-time tenant Advanced Dermatology, which occupies the entire first floor. The second floor is a mix of medical and office tenants. Zoned OS-1, Office Service in the City of Portage, the building features a passenger elevator accessing all three floors. Well-located just off Westnedge Avenue with easy access to I-94 and the Kalamazoo/Battle Creek International Airport. Offered at an 8.4% cap rate. Rent roll and P&L subject to qualified buyers and NDA.
Investment highlights
- Land (SF): 95,832 SF
Listing Contacts
Listed by NAI Wisinski of West Michigan - Kalamazoo
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Zoning
OS-1 CommercialOfficeOffice Service
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