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Orchard Professional Building 3055 Plymouth Rd 18,000 SF 100% Leased Office Building Ann Arbor, MI 48105 $4,536,740 CAD ($252.04 CAD/SF) 6.97% Cap Rate
INVESTMENT HIGHLIGHTS
- 90% Occupied 18,000/SF Trophy Medical Office Building | Fully Built Out Basement Ideal For Storage
- All Leases Are Currently Gross Leases With Potential To Convert To Absolute Net Leases
- Professionally Maintained and Managed
- 1984 David Osler Designed Building - A True Pride of Ownership Asset and "One of a Kind" Design
- Ann Arbor, Michigan, Is Home To The University of Michigan | 53,000 + Students | Directly Across The Street From The University Of Michigan North
- Prime Location: Situated on a 2.9-Acre Lot Along Plymouth Road, Between Nixon and Green Roads—Just 1 mile From US-23 and 2 Miles From Downtown
EXECUTIVE SUMMARY
90% Occupied 18,000/SF Trophy Medical Office Building | Fully Built Out Basement Ideal For Storage
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
18,000 SF
Building Class
C
Year Built
1984
Price
$4,536,740 CAD
Price Per SF
$252.04 CAD
Cap Rate
6.97%
NOI
$316,181 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,000 SF
Slab To Slab
10’
Building FAR
0.14
Lot Size
2.94 AC
Zoning
TC1 - Transit Corridor - Mixed Use
Parking
100 Spaces (6 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 09-14-300-075 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,597,388 CAD |
PROPERTY TAXES
Parcel Number
09-14-300-075
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,597,388 CAD
CONTACTS
-
Deno Bistolarides -
Nick Yaldo -
Ryan Vinco -
Encore Real Estate Investment Services
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Orchard Professional Building | 3055 Plymouth Rd
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