5151 Gateway Blvd
Flint, MI 48507
Office Property For Sale
EXECUTIVE SUMMARY
Fully rented, Great investment with an excellent return of 8.2 Cap Rate. Well maintained medical office in a high demand business district right off US-75 and Hill Rd. The Unit consists of 5 exam rooms with sinks, a storage room, an X-Ray room, a doctor's office, 2 restrooms, and a spacious welcoming waiting area. Brand new AC and new carpet throughout the office. Ample parking and excellent location for a medical office. Lease is a 28$/ft Gross Lease.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,630 SF
Building Class
B
Year Built
2003
Price
$799,900
Price Per SF
$304.14
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,630 SF
Building FAR
0.09
Lot Size
0.66 AC
Zoning
PRC, Flint - Commerciale
Parking
38 Spaces (14.45 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 15-02-300-044 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $31,800 |
