4615-4635 14 Mile Rd. NE Rockford, MI 49341
4615-4635 14 Mile Rd. NE
Price: US$ 1,300,000.00
Category: For Sale
Sub-Type: Retail - Free Standing Bldg
Property Uses: Investment Property
Overhead Doors: Yes
Building Size: 20658 Sq. ft.
Lot Size: 3.63 Acres
No. of Buildings: 3
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.
US 131 and Northland Dr
·Mix of Industrial and Commercial
·Modified Gross and NNN Leases
·Strong, Local Investment Property