1050 Corporate Office Drive

    Milford, MI 48381
    • $2,913,000
    • STATUS: Active
    • ON SITE: 30 days
    • ID#: 630000232143
    UPDATED: 26 min ago
    $2,913,000
    • 0
      BEDS
    • 7.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 20,588
      SQFT
    • $141
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1998
    County:
    Zoning: Office
    Lot Size Dimensions: 7.5 ACRES

    School Ratings & Info

    School District:

    Description

    NNN Investment FOR SALE in the Milford Corporate Office Park. $291,300 per year in Net Operating Income. 10% Cap Rate. 4 Years remaining on a Lease thru December 31, 2022 with MB Financial Bank which recently merged with Fifth Third. This Class A all-brick, pitched roof office building built in 1998 offers a total of 20,588 sf of high-quality space on one level. The columned entryway leads to a rounded reception area with a large Boardroom, extensive kitchen/breakroom, network room, file room and several small conference rooms. The Floor Plan includes 39 exterior wall offices with large windows, 12 interior offices and two large areas for up to 44 work stations. The grounds are well maintained with an Outdoor Patio.

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-17T14:57:01.097.
    www.knerealty360.com/homes/89479005

    1050 Corporate Office Drive Milford, MI 48381

    • Price: $2,913,000
    • Status: Active
    • Updated: 26 min ago
    • ID#: 630000232143
    0
    Beds
    0
    Baths
    0
    ½ Baths
    7.5
    Acres
    20,588
    SQFT
    $141
    $/SQFT
    1998
    Built
    Neighborhood:
    None
    County:
    Oakland
    School District:
    OUT OF STATE/OTHER
    Property Description
    NNN Investment FOR SALE in the Milford Corporate Office Park. $291,300 per year in Net Operating Income. 10% Cap Rate. 4 Years remaining on a Lease thru December 31, 2022 with MB Financial Bank which recently merged with Fifth Third. This Class A all-brick, pitched roof office building built in 1998 offers a total of 20,588 sf of high-quality space on one level. The columned entryway leads to a rounded reception area with a large Boardroom, extensive kitchen/breakroom, network room, file room and several small conference rooms. The Floor Plan includes 39 exterior wall offices with large windows, 12 interior offices and two large areas for up to 44 work stations. The grounds are well maintained with an Outdoor Patio.
    Exterior Features

    Commercial Exterior Features Sprinkler(S) Construction Materials Brick Lot Size Dimensions 7.5 ACRES Roof Material Shingle

    Interior Features

    Commercial Utilities Security Alarm Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Main 20588 Water Heater Fuel Natural Gas

    Property Features

    Commercial Type Apartments Current Use OfficeOther Exclusions YN No Gross Scheduled Income 291300.00 Listing Financing CashConventional Net Operating Income 291300.00 Possession Full Postal City Milford Sewer Septic-Existing Tax Amount Summer 29614.0000 Title Private - Owned Total Tax 29614.0000 Unparsed Address 1050 Corporate Office Drive Water Source Well-Existing Zoning Office

    IDX provided courtesy of Realcomp II Ltd., via Berkshire Hathaway Homeservices Tomie Raines and Greater Lansing AOR MLS, ©2018 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-17T14:57:01.097.
     
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