Office for Investment Sale

Office for Sale
Catylist Listing ID: 30033997
Property Subtypes: Office Building
Building Size (RSF): 247,210 SF
Gross Building Area: See Agent
Sale Price: See Agent
Ceiling: 9 ft.
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 6/23/2017

Overview / Comments

Single tenant, corporate credit, premium investment opportunity in Ann Arbor market. Current market rent NNN lease with annual increases, 30.23 acres. Lease expires 10/31/2024. Sale Price: TBD.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $476,060 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw W of 23
Tax ID/APN: 12-28-210-011
Zoning: PUD
Property Located Between: E. of State St. & S. of Textile Rd.
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 82,403 SF
Year Built: 2004
Roof Type: Other
Exterior Description: Masonry
Parking Type: Surface
Total Parking Spaces: 1,250
Heat Type: Other
Heat Source: Other
Air Conditioning: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,250 38,410 113,025
Median Age: 36.19 37.6 36.84
Households: 2,148 14,995 47,983

Source

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