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Crapo Medical Suites 211 S Crapo St 19,944 SF 100% Leased Office Building Mount Pleasant, MI 48858 $999,425 ($50.11/SF) 9.34% Cap Rate
Investment Highlights
- Immediate Rental Upside
- Stable and Predictable Cash Flow
- Minimal Vacancy Risk
- Reduced Vacancy Risk
Executive Summary
Broker of Record
Matt Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Matt Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,944 SF
Building Class
B
Year Built
1977
Price
$999,425
Price Per SF
$50.11
Cap Rate
9.34%
NOI
$93,346
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,944 SF
Building FAR
0.24
Lot Size
1.92 AC
Zoning
commercial
Parking
130 Spaces (6.52 Spaces per 1,000 SF Leased)
Amenities
- Storage Space
- Reception
- Air Conditioning
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Property Taxes
| Parcel Number | 17-000-12-620-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $461,900 |
Property Taxes
Parcel Number
17-000-12-620-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$461,900
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Crapo Medical Suites | 211 S Crapo St
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