Lake Orion Vision

Office for Sale
Catylist Listing ID: 29980793
Property Subtypes: Office Building
Building Size (RSF): 6,750 SF
Gross Building Area: See Agent
Sale Price: $750,000
Unit Price: $111.11 PSF
Ceiling: 16 ft.
Property Use Type: Investment
Building Name: Lake Orion Vision
Class of Space: Class B
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

Facility is currently leased through 4/20 with options to extend the lease with rental rate increases. This is an investment sale. Current NNN rental rates available. Basement not included in square footage.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $8,634 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Tax ID/APN: 09-02-177-019
Zoning: BI
Property Located Between: M-24
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,160 SF
Year Built: 2002
Roof Type: Other
Construction/Siding: Block, Brick
Parking Type: Surface
Total Parking Spaces: 23
Heat Type: Other
Air Conditioning: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,941 33,540 72,873
Median Age: 39.13 39.08 39.3
Households: 2,674 12,334 26,143

Source

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