1550 Watertower Pl - Office FOR SALE


East Lansing, MI 48823
$995,000 USD
517-662-3535
1550 Watertower Pl, East Lansing, MI for Sale
$995,000 USD
Office - FOR SALE
1/18
null | Request Cap Rate

1550 Watertower Pl
East Lansing, MI 48823


OVERVIEW

PRICE REDUCED! The property is located on a 0.26-acre lot, features a 6,915 SF office/condo space within the 11,984 SF building.  The facility was built in 2008.  Space currently occupied by The Cancer & Hematology Center/Red Cedar Oncology (vacating soon).  Neighboring tenant: Hall Matson Garver Thomas Law Offices.  The build-out features (12) exam rooms with sinks, numerous medical amenities, many other specialty rooms, and is suitable for 17 staff members.  The space is in very good condition and shows well. There are multiple points of ingress / egress from West Road and Coolidge Road, with parking for ±75 Vehicles. Location: 0.6 Miles NW of US-127, 2.4 Miles NE of US-127 and Business 69 Interchange, and 1.1 Miles from Eastwood Towne Center Traffic: Moderate (9,591 VPD) in the Immediate Area; Increases to 25,631 VPD on W Lake Lansing Road

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

B-4

APN/PARCEL ID

33-20-01-02-226-401

ASK ABOUT THIS PROPERTY

Jeff RidenourColliersMore Info
517-662-3535

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Jeff RidenourColliersMore Info
517-662-3535

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.