115 Clover Avenue

Office for Sale
Catylist Listing ID: 30545414
Property Subtypes: Office Building
Building Size (RSF): 53,804 SF
Gross Land Area: 8.34 Acres
Sale Price: $7,500,000
Unit Price: $139.39 PSF
Ceiling: 14 ft.
Property Use Type: Net Leased Investment (NNN)
Building Name: Tower Financial Office Park
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/28/2020

Overview / Comments

First time on market for sale; Tower Financial office park is now available for purchase with almost almost 54,000 SF consisting of 3 buildings. These buildings are leased with a variety of tenants with Huntington National Bank leasing one entire building and will renew their lease at the end of 2020. There are some additional small suites available for owner/user. Once in a lifetime opportunity. Strong National Tenant with fully leased office building; ready for purchase.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Ottawa
Taxing Authority: Holland Township
Tax ID/APN: 70-16-28-276-043
Zoning: IRR
Total Number of Buildings: 3
Year Built: 1980
Year Renovated: 2012
Construction/Siding: Wood Frame
Exterior Description: Brick/Stucco
Parking Type: Surface
Sprinklers: Wet
Heat Type: Electricity
Heat Source: Baseboard
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,727 61,839 90,122
Median Age: 30.85 34.79 35.32
Households: 3,214 22,103 32,462


Photograph of Listing Agent

Joe Rizqallah

Signature Associates
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.