Building For Sale or Lease in Gateway Centre

Office for Sale
Catylist Listing ID: 531159
Property Subtypes: Net Leased
Building Size (RSF): 5,000 SF
Sale Price: $650,000
Unit Price: $130 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: 10.0%
Last Updated: 5/24/2018

Overview / Comments

Single tenant lease expires on June 15, 2018. Great location for owner occupant or new single tenant. Ample express way exposure on I-75. Potential income producing property. Join high profile companies such as Cardiology Institute of Michigan, Holiday Inn - Gateway Centre, C.H. Robinson, Lewis & Knopf, CPA's and Genesee County's number 1 restaurant The Redwood Lodge.

Additional Details

Nearest MSA: Flint
County: Genesee
Tax ID/APN: 15-02-677-005
Property Located Between: Off Hill Road between US-23 and I-75
Road Type: Paved
Property Visibility: Excellent
Highway Access: Just off US-23 and 10 minutes to both I-75 and I-69
Airports: 10 minutes to Bishop International Airport
Site Description: The office condos are located in Gateway Centre just off Hill Road at the junction of US-23 and I-75
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2004
Year Renovated: 2008
Roof Type: Flat
Construction/Siding: Curtain, Steel Frame, Other
Heat Source: Other
Air Conditioning: Engineered System
Internet Access: T1/T3

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,670 45,671 115,970
Median Age: 40.73 37.02 37.2
Households: 1,226 19,241 48,163
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