$1,200,000
$1,200,000
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15,886 SqFt
SOLD DATE : 06/16/2023
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 15,886 sqft
Price per Sqft $75
MLS Listing ID 20230033887
Sold Date 06/16/23
Originating Board Realcomp II Ltd
Year Built 1990
Lot Size 0.730 Acres
Acres 0.73
Lot Dimensions 112 x 287
Property Sub-Type Real Estate Only
Property Description
With the markets underperforming and the value of the dollar slipping, our clients have been desperately searching for investments to combat the financial instability. Full disclosure here, this one is such a great investment that its tough to even sell!
Nonetheless, earn an extremely attractive cap rate with a stable tenant (large telecommunications company). 60 month least executed on 2-16-23 NNN with no escalators.
Location
State MI
County Kalamazoo
Area Kalamazoo
Zoning Heavy Industrial
Direction NA
Exterior
Road Frontage Class A
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Vinyl
Schools
School District Comstock
Others
Tax ID 0636213001
Ownership Broker/Agent Owned,Short Sale - No
Acceptable Financing Cash
Rebuilt Year 2011
Listing Terms Cash
Financing Cash
Special Listing Condition Full Service
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Bought with Bricks + Mortar Group