$799,000
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4141 W WALTON BLVD Waterford, MI 48329
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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