Waterford, MI 48329,4141 W WALTON BLVD
Waterford, MI 48329,4141 W WALTON BLVD
Waterford, MI 48329,4141 W WALTON BLVD
3
$799,000
Est.Price: ?

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0.81 Acres Lot

4141 W WALTON BLVD Waterford, MI 48329

Est. payment /mo
SOLD DATE : 02/28/2022

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Key Details

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision 4141 Office Park Occpn 1032

MLS Listing ID 2210084218

Sold Date 02/28/22

Year Built 1990

Lot Size 0.810 Acres

Acres 0.81

Property Description

INVESTMENT HIGHLIGHTS:
Strong in-place tenant with 2% annual increases
12/31/25 lease expiration
8,000 SF finished lower level not included in RSF
Adjacent 0.54 acre lot available
Located in an office park with excellent road visibility/exposure
Close to US-24

FINANCIAL SUMMARY:
Asking Office Building Price: $799,000
RSF: 8,112 (8,000 SF finished lower level)
In-Place NOI: $72,293
In-Place Cap Rate: 9.05%
Occupancy: 100%
Year Built: 1990
0.54 Acre Vacant Lot: $100,000
TOTAL PURCHASE PRICE: $899,000

Location

State MI

County Oakland

Area Area02131Waterfordtwp

Interior

Heating ForcedAir, NaturalGas

Fireplace No

Exterior

View Y/N No

Building

Foundation Basement, BrickMortar

Sewer PublicSewer

Water Public

New Construction No

Schools

High Schools Waterford

School District Waterford

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Lawrence Randazzo of Central Properties
Bought with D A D Agency

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Michelle Caldwell

Michelle Caldwell

Agent | License ID: 6501404900

+1(810) 543-0935

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