30755 Montpelier Rd - Office FOR SALE


Madison Heights, MI 48071
$4,350,000 USD
248-631-8085
30755 Montpelier Rd, Madison Heights, MI for Sale
$4,350,000 USD
Office - FOR SALE
1/3
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30755 Montpelier Rd
Madison Heights, MI 48071


HIGHLIGHTS

  • MI Dept. of Health & Human Services - 10 years remaining on current Lease
  • Projected 2022 NOI: $304,775.00
  • Tremendous location off of I-75
  • Twelve (12%) increase in rent in 2027Zero deferred maintenance.

OVERVIEW

26,595 Square Foot Office building, tenanted by the Michigan Department of Health & Human Services.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$164 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

3.44 AC

LAND SF

150,016 SF

ZONING

OB, Madison Heights

APN/PARCEL ID

25-11-201-037

ASK ABOUT THIS PROPERTY

Andrew BattersbyThomas Duke CompanyMore Info
248-631-8085

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Andrew BattersbyThomas Duke CompanyMore Info
248-631-8085

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.