248-255-6052
24 N Saint Joseph Ave, Niles, MI for Sale
Medical - FOR SALE
1/32
null | Request Cap Rate

24 N Saint Joseph Ave
Niles, MI 49120


HIGHLIGHTS

  • Only medical or traditional office building located in Niles with available space currently listed for lease.
  • Excellent parking ratio of ±6.32 per 1,000 SF (±121 surface parking spaces).

OVERVIEW

Auction Sale March 24th - March 26th. Tremendous value add investment opportunity. Occupancy 65.00% | WALT 4.27 years | ±$145K base rent. Largest tenant, Berrien Mental Health Authority, lease through 4/30/31 with annual rent increases. Located across from the Spectrum Lakeland Niles Hospital and surrounded by medical office facilities.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeland Medical Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

121

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

Med Off

APN/PARCEL ID

11-74-4540-0025-02-1

ASK ABOUT THIS PROPERTY

Richard DeptulaFriedman Real EstateMore Info
248-255-6052

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

Richard DeptulaFriedman Real EstateMore Info
248-255-6052

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