For Sale
For Sale
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Year Built
1968
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Total Building Size
31,356 RSF
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Overview
West side of Cass Rd, south of South Airport Rd. Cass Commerce Center is over 31,000 sf of rentable space with excellent income from blend of both office and industrial users. Approximately 60% is office. 10.9 cap on fully leased income, even assuming 10% vacancy and management. Still provides a 10% return with $200,000 put toward improvements. 6.32 Acres for additional buildings or expansion. Two truck docks. 339 feet of direct frontage on Cass Road. Building equipped with central air and 3 phase power, 5 additional overhead doors, metal roof, huge paved & fenced parking lot. Great investment opportunity.
Property Details
West side of Cass Rd, south of South Airport Rd. Cass Commerce Center is over 31,000 sf of rentable space with excellent income from blend of both office and industrial users. Approximately 60% is office. 10.9 cap on fully leased income, even assuming 10% vacancy and management. Still provides a 10% return with $200,000 put toward improvements. 6.32 Acres for additional buildings or expansion. Two truck docks. 339 feet of direct frontage on Cass Road. Building equipped with central air and 3 phase power, 5 additional overhead doors, metal roof, huge paved & fenced parking lot. Great investment opportunity.
- Property TypeOffice
- Submarket
- Year Built1968
- Sale Price$2,980,000
- Total Building Size31,356RSF
- Total Acres6.32
- Total Available4,110RSF
- Largest Contiguous1,610RSF
- Building ClassB
- ZoningOffice
- Sale StatusAvailable
- Property ID35111