Log In/Sign Up
Your email has been sent.
17717 Masonic Blvd 8,449 SF Office Building Fraser, MI 48026 $2,467,220 CAD ($292.01 CAD/SF) 8.93% Cap Rate
Investment Highlights
- Freestanding, fully-leased single-tenant office building offering investors stable cash flow and long-term ownership value.
- Prominent location along Masonic Boulevard, delivering strong visibility, and ease of access.
- Ample on-site parking provides convenience for employees and visitors, exceeding typical office parking requirements.
- Price per square-foot is significantly below replacement cost at $207.12/SF.
- Well-suited for investors seeking a stable office asset with upside potential through lease renewals or repositioning.
- Single-tenant configuration provides simplified management and operational efficiency.
Executive Summary
For sale: SINGLE-TENANT INVESTMENT OPPORTUNITY | PUBLICLY TRADED COMPANY
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,449 SF
Building Class
C
Year Built/Renovated
1994/2008
Price
$2,467,220 CAD
Price Per SF
$292.01 CAD
Cap Rate
8.93%
NOI
$220,323 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
8,449 SF
Building FAR
0.21
Lot Size
0.92 AC
Zoning
IR
Parking
45 Spaces (5.36 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-14-05-251-009 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $592,616 CAD |
Property Taxes
Parcel Number
03-14-05-251-009
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$592,616 CAD
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
17717 Masonic Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.