Listed by Burger & Company
$2,050,000
39319 & 39325 Plymouth Road
Details
Property Type Office
Sub Type Traditional Office
Square Footage 27,068
Units 14
Cap Rate 7.70%
NOI $158,286
Tenancy Multi
Price per SqFt $76
Year Built 1988
Acreage 2.000
Zoning C-2 General Business
Investment Type Stabilized
Office | 7.70% CAP | 27,068 SqFt
Marketing description
FOR SALE! Priced well below replacement cost! Fully leased office complex consisting of approximately 27,068 square feet with many recent upgrades including common area LED lighting, restroom fixtures, paint and landscaping. Strong diverse mix of tenants including a law firm, therapist, physical rehab, child daycare, indoor golf, logistics and massage therapy. Located within a desirable area just minutes from Downtown Plymouth.
Rent roll and supporting documentation to be provided upon receipt of an acceptable offer.
Investment highlights
- Excellent '1031' Property!
- Priced well below replacement cost
- Fully leased office complex
- Many recent upgrades including common area LED lighting, restroom fixtures, paint and landscaping
- Strong diverse mix of tenants including a law firm, therapist, physical rehab, child daycare, indoor golf, logistics and massage therapy
- Located within a desirable area just minutes from Downtown Plymouth
- Seller will consider all reasonable offers
Listing Contacts
Listed by Burger & Company
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$158,286.00
$13,190.50/mo
Valuation Metrics
0
DSCR
7.72%
Cap Rate
7.72%
ROI
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