• Commercial/Retail Office Portfolio Offering - 2395 Jolly Rd, Okemos, MI 48864

For Sale

Office

For Sale

This property is available for sale
63,818
SF
$9,650,000
Sale Price
  • Overview

    North of I-96 on Jolly Road. West of Okemos Road. South of M-43 and south of Bennet Road. East of Haggadorn Road. The Portfolio is located strategically along Interstate 96 (I-96), midway between Detroit and Grand Rapids and resides within the prestigious community of Okemos – Meridian Charter Township, southeast of Michigan State Capital. The investment is situated adjacent to major employers including Michigan State University, McLaren Health Institute, Jackson National Insurance and General Motors. RE/MAX Commercial Group in conjunction with Crest Park Ventures is pleased to present the exceptional opportunity to acquire a seven (7) building commercial/retail office portfolio located within the Lansing-East Lansing MSA in the Okemos Township. This stabilized portfolio is comprised of six (6) discrete single tenant commercial office buildings that are the corporate headquarters of the Michigan Public Health Institute (MPHI), and one (1) multi-tenant retail office building, within the Woodlands Office Park. The Portfolio in total comprises 63,818 SF. The Portfolio is located strategically along Interstate 96 (I-96), midway between Detroit and Grand Rapids and resides within the prestigious community of Okemos – Meridian Charter Township, southeast of Michigan State Capital. The investment is situated adjacent to major employers including Michigan State University, McLaren Health Institute, Jackson National Insurance and General Motors. For 2022, Projected NOI for 2022 is $725,000 with a stabilized occupancy of 93%.

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Property Details

North of I-96 on Jolly Road. West of Okemos Road. South of M-43 and south of Bennet Road. East of Haggadorn Road. The Portfolio is located strategically along Interstate 96 (I-96), midway between Detroit and Grand Rapids and resides within the prestigious community of Okemos – Meridian Charter Township, southeast of Michigan State Capital. The investment is situated adjacent to major employers including Michigan State University, McLaren Health Institute, Jackson National Insurance and General Motors. RE/MAX Commercial Group in conjunction with Crest Park Ventures is pleased to present the exceptional opportunity to acquire a seven (7) building commercial/retail office portfolio located within the Lansing-East Lansing MSA in the Okemos Township. This stabilized portfolio is comprised of six (6) discrete single tenant commercial office buildings that are the corporate headquarters of the Michigan Public Health Institute (MPHI), and one (1) multi-tenant retail office building, within the Woodlands Office Park. The Portfolio in total comprises 63,818 SF. The Portfolio is located strategically along Interstate 96 (I-96), midway between Detroit and Grand Rapids and resides within the prestigious community of Okemos – Meridian Charter Township, southeast of Michigan State Capital. The investment is situated adjacent to major employers including Michigan State University, McLaren Health Institute, Jackson National Insurance and General Motors. For 2022, Projected NOI for 2022 is $725,000 with a stabilized occupancy of 93%.

  • Property Type
    Office
  • Submarket
  • Sale Price
    $9,650,000
  • Total Building Size
    63,818RSF
  • Building Class
    B
  • Sale Status
    Available
  • Last updated
    Aug 09, 2022
  • Property ID
    18586

Landlord's Sales Representative

  • Matthew Wisniewski
    RE/MAX Commercial Group