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About the Listing 70811 - 27312
Walnut Center - 117-119 Walnut Blvd Rochester, MI 48307 Explore an exceptional investment opportunity at Walnut Center in the heart of Downtown Rochester, Michigan. This multi-tenant office building is 100% occupied, boasting stable income with a Net Operating Income of $39,905. With long-term tenants locked in until 2028 and 2029, enjoy a hassle-free investment with minimal landlord responsibilities. The property features a brand-new parking lot and benefits from high traffic counts of over 40,000 vehicles per day. Situated in a prime location surrounded by retail, residential areas, and major national tenants, Walnut Center offers a lucrative investment in a thriving market. Take advantage of the strong lease terms with annual rent increases guaranteeing a solid return on your investment. Don't miss this opportunity to own a strategic piece of real estate in a bustling area, where the median household income within a one-mile radius is $117k. Invest in Walnut Center today and secure your future in the vibrant market of Detroit.
Listing Highlights for 117 117-119 Walnut
Status
Active
Days on Site
9
Property Type
Commercial Sale
MLS ®
50187489
Year Built
1997
Total Square Footage
2,000
Lot/Acreage
0.09
County
Oakland
Area
Rochester (63152)
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central A/C,HVAC
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2000
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 3659
- Zoning: Professional Office
- Roof: Shingles
- Others: Security Lighting
- Sewer: Public Sanitary
- Parking Features: 6-10 Spaces
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
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Listing Location
Questions About..
117 117-119 Walnut Rochester, MI 48307
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