4615-4635 14 Mile Rd. NE Rockford, MI 49341
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4615-4635 14 Mile Rd. NE |
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Price: US$ 1,300,000.00 Status: Expired Category: For Sale Type: Industrial
Sub-Type: Retail - Free Standing Bldg
Property Uses: Investment Property
Overhead Doors: Yes |
Construction Status:
Existing Building Size: 20658 Sq. ft. Lot Size: 3.63 Acres No. of Buildings: 3 |
Documents: ·Brochure
Property Description:
This is an Investment Opportunity for a Buyer ... this offering is for three buildings and covers 12 tenants. The current seller is the one who developed the property and who has had 100% occupancy from day one. Buildings along 14 Mile contain retail and office tenants and the rear building contains six industrial type tenants. Offered between a 7.5% and 8% cap rate. Location Description:
US 131 and Northland Dr
Highlights:
·11 Tenants ·Mix of Industrial and Commercial ·Modified Gross and NNN Leases ·Strong, Local Investment Property
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