Listed by SVN Cohn Commercial Properties
$950,000
Gloria Building
Details
Property Type Office
Sub Type Creative Office, Traditional Office
Square Footage 7,000
Cap Rate 7.42%
NOI $70,452
Occupancy 100%
Tenancy Multi
Lease Type Gross
Price per SqFt $136
Class C
Year Built 1969
Year Renovated 2007
Buildings 1
Stories 2
Acreage 0.370
Investment Type Stabilized
Office | 7.42% CAP | 7,000 SqFt
Investment highlights
Strong traffic counts with good visibility from Orchard Lake Road
Recent improvements include new flooring and interior updates
Well maintained building with limited deferred maintenance
18 unit building - 100% occupied.
Listing Contacts
Listed by SVN Cohn Commercial Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$70,452.00
$5,871.00/mo
Valuation Metrics
0
DSCR
7.42%
Cap Rate
7.42%
ROI
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