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Glendale Hills 2710 W Court St 12,800 SF 53% Leased Office Building Flint, MI 48503 $325,000 ($25.39/SF) 11.16% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Strong Tenant Base
  • High Visability

EXECUTIVE SUMMARY

Highly visible area at corner of Court and Bradley. This building has 16 individual suites. Each unit has direct outside access at ground level and is separately metered for gas and electric. Ample parking and recorded video surveillance. New roof in 2022 and updated front entry overhead siding in 2023.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
12,800 SF
Building Class
C
Year Built
1968
Price
$325,000
Price Per SF
$25.39
Cap Rate
11.16%
NOI
$36,269
Percent Leased
53%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,400 SF
Building FAR
0.24
Lot Size
1.20 AC
Opportunity Zone
Yes
Zoning
C-2 - General Business including Restrict Office R-O + Local Business C-1
Parking
88 Spaces (6.88 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Signage
  • Bicycle Storage
  • Partitioned Offices
  • Recessed Lighting
  • Drop Ceiling
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40-14-332-027
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$504,900
  • Listing ID: 31637374

  • Date on Market: 4/28/2024

  • Last Updated:

  • Address: 2710 W Court St, Flint, MI 48503

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