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9222 Grand River Avenue, Detroit, MI 48204

$461,800+/SF

Commercial property for sale

Added: 09/27/2011
Last Update: 07/02/2013
9222 Grand River Avenue Detroit, MI 48204 US
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Contact info

  • 248-799-3161 [Office] 

Description

US Government leases. May be purchased separately. Leases expire in 2021 and 2022. Gross leases with expense stops and annual rent increases. Class A office buildings. Assumable debt. $2,315,000 & $2,303,000 sale prices. 7.25% leveraged yield. Building price details: $4,618,000.

Property Details

  • Type: Office
  • Use Types:Office Building
  • Status: Available
  • MSA: Detroit-Warren-Livonia
  • Buildings: 2
  • Tenancy: Multiple Tenants

Exterior Features

  • Parking Type: Surface

Terms

  • Cash to Seller 

Agent

Bruce A Morrison
248-799-3161 [Office]

Map Locations