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6240 Main St 9,500 SF 100% Leased Office Building Cass City, MI 48726 $186,995 ($19.68/SF) 12.90% Cap Rate
EXECUTIVE SUMMARY
Prime investment opportunity. The building offers 6 separate office spaces, as well as a garage space, and upstairs storage.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
9,500 SF
Building Class
C
Year Built
1975
Price
$186,995
Price Per SF
$19.68
Cap Rate
12.90%
NOI
$24,127
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,750 SF
Building FAR
0.38
Lot Size
0.57 AC
Zoning
CM - Commercial
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Mobile Phlebotomy Specialists of Michigan
- Health Care and Social Assistance
- 200 SF
- $8.83
- TBD
- Mar 2025
- OrthoTech
- Health Care and Social Assistance
- -
- -
- Full Service
- -
- Roof Trend
- Construction
- 600 SF
- -
- Full Service
- Nov 2025
- Start My Wellness
- Health Care and Social Assistance
- 200 SF
- -
- TBD
- Feb 2025
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Mobile Phlebotomy Specialists of Michigan | Health Care and Social Assistance | 200 SF | $8.83 | TBD | Mar 2025 | |
| OrthoTech | Health Care and Social Assistance | - | - | Full Service | - | |
| Roof Trend | Construction | 600 SF | - | Full Service | Nov 2025 | |
| Start My Wellness | Health Care and Social Assistance | 200 SF | - | TBD | Feb 2025 |
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PROPERTY TAXES
| Parcel Number | 035-033-000-4400-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $56,500 |
PROPERTY TAXES
Parcel Number
035-033-000-4400-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$56,500
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ZM Enterprise
6240 Main St
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