For Sale
For Sale
-
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%.
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 TypeOffice
- Submarket
- Sale Price$9,650,000
- Total Building Size63,818RSF
- Building ClassB
- Sale StatusAvailable
- Last updatedAug 09, 2022
- Property ID18586
You Might Also Like
-
2,130sqft$2,840/mo
-
1,492 - 3,027sqft$247,796 - $502,734/mo
-
1,495 - 3,027sqft$1,993 - $4,036/mo