Listed by Colliers - Royal Oak/Detroit, Michigan
$1,350,000
5141 Oakman Boulevard
Details
Property Type Office
Sub Type Medical Office
Square Footage 10,400
Net Rentable (SqFt) 5,613
NOI $73,500
Tenancy Multi
Lease Type Net
Pro-Forma NOI $73,500
Year Built 1979
Acreage 0.340
Investment Type Owner/User
Office | 10,400 SqFt
Marketing description
For Sale
Investment highlights
- 10,400 SF Medical Building For Sale
- 5,613 SF Medical Suite For Lease: $18 Net/SF
- 2 Existing Medical Tenants
- Purchase Price: $1,350,000
- Estimated NOI of $73,500
- Additional Overflow Parking Lot Across the Street
- Owner/User Opportunity
Listing Contacts
Listed by Colliers - Royal Oak/Detroit, Michigan
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$73,500.00
$6,125.00/mo
Valuation Metrics
0
DSCR
5.44%
Cap Rate
5.44%
ROI
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