801 Cherry St SE - Medical FOR SALE


Grand Rapids, MI 49506- East Hills
$4,050,000 USD
602-885-5375
801 Cherry St SE, Grand Rapids, MI for Sale
$4,050,000 USD
Medical - FOR SALE
1/7
null | 7% Cap Rate

801 Cherry St SE
Grand Rapids, MI 49506
East Hills


HIGHLIGHTS

  • Significant Remaining Lease Term | Recent Proven Tenant Commitment
  • Corporate Guaranteed Lease | Investment-Grade Tenant
  • Extensive Medical Build-Out | Hard-to-Replicate Facility
  • Established Patient and Employee Base | Regional Presence
  • NNN Lease Structure | Passive, Stable Income Stream
  • Significant Remaining Lease Term | Recent Proven Tenant Commitment

FOR SALE DETAILS

PRICE

$4,050,000 USD

PRICE/SF

$490 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

Commercial

APN/PARCEL ID

41-14-29-310-005

ASK ABOUT THIS PROPERTY

Sean WestfallEcho West Capital AdvisorsMore Info
602-885-5375

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Sean WestfallEcho West Capital AdvisorsMore Info
602-885-5375

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