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Crown Pointe Business Park 5 Office Properties Offered at $3,167,813 CAD in Lansing, MI
INVESTMENT HIGHLIGHTS
- 25,000 SF across 5 parcels within business park
- New roofs on all buildings in 2019, new parking lot in 2018
- Fully leased
EXECUTIVE SUMMARY
25,000 SF of professionally managed, single-story suites
100% occupied with decades of proven occupancy rates
5 buildings consisting of 5,000 SF each
Building 60 contains high revenue salon suites
Condo association for utilities and common area maintenance
New roofs on all buildings in 2019, new parking lot in 2018
Zoned BC Community Business
100% occupied with decades of proven occupancy rates
5 buildings consisting of 5,000 SF each
Building 60 contains high revenue salon suites
Condo association for utilities and common area maintenance
New roofs on all buildings in 2019, new parking lot in 2018
Zoned BC Community Business
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $3,167,813 CAD | Number of Properties | 5 |
| Price / SF | $126.71 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.26% | Total Building Size | 25,000 SF |
| Sale Type | Investment | Total Land Area | 3.06 AC |
| Status | Active |
| Price | $3,167,813 CAD |
| Price / SF | $126.71 CAD / SF |
| Cap Rate | 8.26% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 25,000 SF |
| Total Land Area | 3.06 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Bld 60s
15851 S US Highway 27, Lansing, MI 48906 |
Office | 5,000 SF | 1997 | - |
|
Bld 40s
15851 S Old Us-27, Lansing, MI 48906 |
Office | 5,000 SF | 2000 | - |
|
Bld 50s
15851 S Old Us-27, Lansing, MI 48906 |
Office | 5,000 SF | 2000 | - |
|
Bld 30s
15851 S Old Us-27, Lansing, MI 48906 |
Office | 5,000 SF | 1997 | - |
|
Bld 70s
15851 S Old Us-27, Lansing, MI 48906 |
Office | 5,000 SF | 1997 | - |
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Crown Pointe Business Park
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