Waterford, MI 48329,4141 W WALTON BLVD
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Waterford, MI 48329,4141 W WALTON BLVD
Waterford, MI 48329,4141 W WALTON BLVD

$799,000

Est. payment /mo
Est.Price: ?

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4141 W WALTON BLVD Waterford, MI 48329

SOLD DATE : 02/28/2022

Key Details

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision 4141 Office Park Occpn 1032

MLS Listing ID 2210084218

Year Built 1990

Property Description

INVESTMENT HIGHLIGHTS:
Strong in-place tenant with 2% annual increases
12/31/25 lease expiration
8,000 SF finished lower level not included in RSF
Adjacent 0.54 acre lot available
Located in an office park with excellent road visibility/exposure
Close to US-24

FINANCIAL SUMMARY:
Asking Office Building Price: $799,000
RSF: 8,112 (8,000 SF finished lower level)
In-Place NOI: $72,293
In-Place Cap Rate: 9.05%
Occupancy: 100%
Year Built: 1990
0.54 Acre Vacant Lot: $100,000
TOTAL PURCHASE PRICE: $899,000

Location

State MI

County Oakland

Area Area02131Waterfordtwp

Interior

Heating ForcedAir, NaturalGas

Exterior

View Y/N No

Building

Foundation Basement, BrickMortar

Sewer PublicSewer

Water Public

Schools

School District Waterford

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Lawrence Randazzo of Central Properties
Bought with D A D Agency
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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