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Deerfield Professional 4241 S Old US 27 12,724 SF 100% Leased Office Building Gaylord, MI 49735 $1,529,000 ($120.17/SF) 9.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% Occupied
  • Roof in Good Condition
  • 9.5% Cap Rate
  • Gross Leases
  • Highly Desired Location Within Market

EXECUTIVE SUMMARY

Advantage Commercial Real Estate is pleased to present the sale of 4241 Old US Hwy 27 S, a 12,724 SF office property in Gaylord, MI. The property is fully leased to two tenants through 2030 with substantial annual increases.
View the deal page with the following link: https://platform.reverecre.com/project/b276ed1c-3b69-4d9e-9613-08fd17e50943

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
12,724 SF
Building Class
B
Year Built
2000
Price
$1,529,000
Price Per SF
$120.17
Cap Rate
9.50%
NOI
$145,250
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,724 SF
Building FAR
0.10
Lot Size
3.00 AC
Zoning
Commercial
Parking
60 Spaces (4.72 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Huron Pines
  • Services
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

Wade Trim is grounded in their municipal infrastructure roots and continues to build on this heritage. They are trusted professionals delivering America’s infrastructure solutions. This is their culture, their brand and what their clients depend on. Their disciplines include civil engineering, planning, surveying, landscape architecture and environmental science services. Their staff’s ability to deliver solutions is supported through a collaborative work environment that focuses on problem solving. Wade Trim’s roots trace back to 1926 when a civil engineer established a business in the greater Detroit area designing roads and sewers for municipalities. Their founders, Bob Wade and Don Trim, came to work for this firm and eventually ran its operations before purchasing it. Initial growth was fueled by designing utilities and roads for growing communities.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Huron Pines Services - - -
Professional, Scientific, and Technical Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-028-200-045-03
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$395,200
  • Listing ID: 36759253

  • Date on Market: 7/16/2025

  • Last Updated:

  • Address: 4241 S Old US 27, Gaylord, MI 49735

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