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. There is good signage located on the monument sign at the entrance to the Office Park. The office power supply is backed up by a hard-wired gas Generator. This is a great location between I-96 and Downtown Milford that will offer employees and customers an easy drive from Novi, Brighton, Wixom, South Lyon, Livonia, Flint, Howell, Fenton, Pontiac, Auburn Hills and Farmington Hills. The Milford Corporate Office Park is home to Ascension Medical Group, Huron Valley State Bank, United Insurance Group, Family & Aging Law Group, Kensington Mills Falls, Baker's of Milford (restaurant) and Holden's Deli to mention a few. Milford is an excellent place to work and live with the quality of life of a small town and quick access to the amenities of the big city.
|--||New Value: $2,427,500|
|11/16/2018 10:50:00 AM||New Value: $2,913,000|