Office for Sale
Catylist Listing ID: 29988471
Property Subtypes: Mixed Use, Flex Space, Net Leased, Office Building
Building Size (RSF): 10,250 SF
Gross Land Area: 39,200 SF
Sale Price: $795,000
Unit Price: $77.56 PSF
Ceiling: 9 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: James Square
Class of Space: Class A
Usable Size (USF): 10,250 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/16/2018

Overview / Comments

This is a multitenant building with office and retail tenants. Located on Bay Road in Saginaw Twp. it has over 37,000 cars a day passing by.


Finance Data Year 2015
Real Estate Taxes - Annual($) $11,402 (Annual)
Net Operating Income $87,600 (Annual)
Actual or Proforma Year Actual

Current Tenants

Tenant Business Name Berkshire Hathaway Real Estate
Contact Name Larry C. Miller
Phone Number 989-790-2611
Toll-Free Number 989-790-2611
Industry Type Real Estate and Rental and Leasing
Suite Number 200-600
SF of Space Occupied 7,666 SF
Tenant Business Name The Miller Group
Contact Name Larry C. Miller
Contact Title President
Phone Number 989-790-2611
Toll-Free Number 989-790-2611
Industry Type Real Estate and Rental and Leasing
Suite Number 100
SF of Space Occupied 2,806 SF
Current Rent $24,000 PSF (Annual)

Additional Details

Nearest MSA: Saginaw
County: Saginaw
Taxing Authority: Saginaw Twp
Tax ID/APN: 124151170000
Zoning: B-3
Market Type: Medium
Property Located Between: Weiss & Shattuck
Road Type: Highway
Property Visibility: Excellent
Transportation: Bus
Highway Access: I- 675 and I-75 are within a mile.
Airports: MBS
Site Description: 10200 sq ft of office and Retail Space
Total Number of Buildings: 1
Number of Stories: 1
Roof Type: Flat
Construction/Siding: Concrete
Exterior Description: Block and Vinal
Parking Type: Surface
Total Parking Spaces: 100
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, Satellite, T1/T3
Interior Description: New
Zoning Description: Comercial
Lot Frontage: 140
Lot Depth: 280
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: LLC
Legal Description: See Broker

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,800 82,508 118,711
Median Age: 37.49 38.32 37.22
Households: 5,744 33,876 47,541
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