Sale/Leaseback Absolute Net Lease

Office for Sale
Catylist Listing ID: 30724140
Property Subtypes: Office Building
Building Size (RSF): 21,750 SF
Gross Building Area: See Agent
Sale Price: $2,375,000
Unit Price: $109.20 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: 7.44%
Last Updated: 6/10/2021

Overview / Comments

Sale Leaseback. Absolute Net Lease. Tenant: Rehmann Technology Solutions. Term 60 months with a 2% annual escalator.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street West
Tax ID/APN: 41-17-16-155-018
Zoning: COMMERCIAL

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,699 80,335 222,487
Median Age: 35.66 34.32 33.39
Households: 4,553 30,702 84,229

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.