10751 S Saginaw St, Grand Blanc, MI 48439
Commercial property for sale
10751 S Saginaw St, Grand Blanc, MI 48439
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- Description
- Significant value-add opportunity! The North Park Office Complex is a 5-building, 72,388-square-foot professional office condo community built in 1985-1991 comprising 18 individual condo units on nearly 8 acres. The property is situated along Saginaw Street between abundant restaurant and shopping destinations. At 43% leased, occupancy is significantly lower than comparable properties; a disparity due primarily to long deferred maintenance on the parking lot. As a result, the property is an attractive option for real estate investors looking for a value-add opportunity with significant upside potential. Condominium documents, operating statements and rent roll are available upon execution of a confidentiality agreement. Building price details: $1,950,000.
- Property Details
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Building Name: North Park Office Complex Condos Property Type: Office Use Types: Office Building Status: Available MSA: Flint Zoning: B-3, GENERAL BUSINESS Buildings: 1 Tenancy: Multiple Tenants Terms: Cash to Seller Added: 06/26/2013 Last Update: 07/02/2013 - Contact info
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Van W. Martin: 517-351-2200 [Office] CBRE | Martin
- Note
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