4511 Miller Road 15529LG

Office for Sale
Catylist Listing ID: 30150151
Property Subtypes: Office Building
Building Size (RSF): 13,393 SF
Gross Land Area: 1.15 Acres
Sale Price: $1,075,000
Unit Price: $80.27 PSF
Property Use Type: Net Leased Investment (NNN)
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/21/2017

Overview / Comments

Attractive 2-story brick office building ilocated on Miller Road with easy access to I-69 and I-75. Vacant offices are ready for occupancy with new paint and carpet.

2017 Taxable Value: $360,687; 2017 Property Taxes: $19,788;
2017 Assessed Value: $472,000 (see attached Equalization information).

(5-2) +/- 500 SF on 2nd Floor. Rent is $795 per month and includes all triple net charges, gas and electric. Tenant pays for light bulbs, ballasts, cleaning their space, phone and internet. Entries, Lobbies, Common Hallways and Bathrooms are not included in the Square Feet.

(6-2) +/- 600 SF on 2nd Floor. Rent is $895 per month and includes all triple net charges, gas and electric. Tenant pays for light bulbs, ballasts, cleaning their space, phone and internet. Entries, Lobbies, Common Hallways and Bathrooms are not included in the Square Feet.

(7-2) +/- 700 SF on 2nd Floor. Rent is $995 per month and includes all triple net charges, gas and electric. Tenant pays for light bulbs, ballasts, cleaning their space, phone and internet. Entries, Lobbies, Common Hallways and Bathrooms are not included in the Square Feet.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $19,788 (Annual)

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: Flint Township
Tax ID/APN: 07-28-551-010
Market Type: Large
Property Located Between: Linden & Miller
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus, Highway, Airport
Highway Access: I-69, I-75/US-23
Airports: Bishop International
Site Description: Rectangular in shape on 1.15 Acres. Lighted and striped asphalt parking lot
Area Description: Located in the heart of the office and retail district of Genesee County. Also the heart of the retail/franchise and banking district in the county. Neighboring properties are primarily commercial / retail. Traffic flow is in excess of 40,000 cars per 24-hour period.
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1970
Year Renovated: 2000
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Well-maintained, attractive brick building.
Parking Type: Surface
Parking Description: Lighted, Striped, Asphalt
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Other
Interior Description: New Carpet and Paint in most offices
Zoning Description: C-2 General Business
Lot Frontage: 200'
Lot Depth: 250'
Easements: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,692 33,268 122,183
Median Age: 41.37 39.77 37.25
Households: 1,147 14,178 50,048

Contact

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