Auburn Hills Office Building

Office for Sale
Catylist Listing ID: 30178842
Property Subtypes: Office Building
Building Size (RSF): 5,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.34 Acres
Sale Price: $769,000
Unit Price: $142.41 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/21/2018

Overview / Comments

* Owner/User opportunity, nicely appointed and well maintained professional building well suited for professional services firm e.g. law firm, accounting or financial services firm, insurance, or manufactures rep.
* 3 floors of usable area with elevator access. 3856 SF on the 1st & 2nd floors plus a nicely finished 1544 SF lower level, board room, library, break area and storage
* Building can be multi tenanted, if desired or used for a single occupant
* Near to many Auburn Hills amenities, restaurants, coffee shops, banking etc...
* Excellent visibility and corporate image
* Good access to area freeways
* Enjoy short term income from law firm that occupies the 2nd floor through 11/30/19. No additional Term Options.
* 2016 Taxes: Summer $6,295.89, Winter: $2,267.67

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $8,563 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Auburn Hills
Tax ID/APN: 14-13-101-005
Zoning: B-1
Property Located Between: N. Squirrel Rd. and I-75
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2001
Parking Type: Surface
Total Parking Spaces: 20

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,767 60,814 177,815
Median Age: 29.85 37.38 38.67
Households: 2,841 23,280 68,936
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