35425 W Michigan Ave - Medical FOR SALE
Wayne, MI 48184 |
$2,989,000 USD
734-552-3923
35425 W Michigan Ave
Wayne, MI 48184
HIGHLIGHTS
- A 100,269-SF multi-tenant former mall/office conversion that will be 8% occupied post-closing. The property is situated on over 6 acres in Wayne, MI.
- Excellent highly visible location that is East of Elizabeth off Westbound Michigan Ave.
- Value-add acquisition where the building offers opportunities between multi-tenancy profitability growth and single-tenant use conversion.
- Easy accessibility to major highways, the hotel is encircled by US-275, US-94, US-96, and M-24.
- Tenants and businesses can appreciate the multitude of amenities that surround within a brief three-mile radius.
FOR SALE DETAILS
PRICE
$2,989,000 USD
PRICE/SF
$30 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Towne Square Plaza
PROPERTY TYPE
Office
PROPERTY SUBTYPE
Medical
ADD'L SUBTYPES
Distribution, Showroom, Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1970
SPRINKLERS
-
PARKING SPACES
250
LAND DETAILS
LAND ACRES
6.62 AC
LAND SF
288,367 SF
ZONING
B-5
APN/PARCEL ID
55-006-10-0001-304,55-018-01-0112-301
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734-552-3923
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734-552-3923
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