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5380 Cascade Rd SE
Grand Rapids, MI 49546
Office Property For Sale
EXECUTIVE SUMMARY
5380 Cascade Rd is a 10,000 SF, two-story office building located along Cascade Road, which continues to be a coveted office corridor. This fully occupied office building features three suites, one top floor suite has already been built out for medical use, and the rest of the building is well suited to it if desired. Each floor is equipped with private offices and conference rooms. The building has great landscaping and a well maintained and clean façade.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
10,000 SF
Building Class
B
Year Built
2001
Price
$2,065,170 CAD
Price Per SF
$206.52 CAD
Cap Rate
7.22%
NOI
$149,027 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Slab To Slab
9’
Building FAR
0.10
Lot Size
2.34 AC
Zoning
PUD-2
Parking
50 Spaces (4.2 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 41-19-06-252-027 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $932,126 CAD |
PROPERTY TAXES
Parcel Number
41-19-06-252-027
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$932,126 CAD
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