investment property - loopnet › d2 › pkoivysh-fod8ex6o7... · available for sale investment...

AVAILABLE FOR SALE

INVESTMENT PROPERTY GROSSE POINTE PHYSICIANS X-RAY CENTER21003,21011,21015 MACK AVENUE | GROSSE POINTE WOODS, MICHIGAN

CONTACT US

PROPERTY FEATURES

+ Approximately 5,378 SF plus a lower level measuring approximately 2,073 SF

+ Owned parking contiguous to building for +/- 13 spaces, plus 11 spaces on additional owned lot at Roslyn

+ Roof replaced in 2011

+ Interior fully renovated in 2000

+ The buildings and contiguous parking sets upon parcel 003-06-0086-300

+ The parking lot at Roslyn sets upon parcel 003-02-0065-001

+ Three separate addresses allow for easy multi-tenanting

+ Property is located in beautiful Grosse Pointe Woods and is near the I-94 Interchange at Vernier Road

EDWARD WUJEKSenior Vice President+1 248 351 2058edward.wujek@cbre.com

EUGENE AGNONESenior Vice President +1 248 351 2024eugene.agnone@cbre.com

www.cbre.com/detroit

ASKING PRICE:$625,000/$116.24 SF (Cap Rate: 12.35)

SITE

www.cbre.com/detroit

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

CONTACT US

EDWARD WUJEKSenior Vice President+1 248 351 2058edward.wujek@cbre.com

EUGENE AGNONESenior Vice President +1 248 351 2024eugene.agnone@cbre.com

INVESTMENT PROPERTY GROSSE POINTE PHYSICIANS X-RAY CENTER21003,21011,21015 MACK AVENUE | GROSSE POINTE WOODS, MICHIGAN

MACK AVENUE

MACK AVENUE

HAM

PTON

ROAD

ROSLYN ROAD

SITE

SITE

www.cbre.com/detroit

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

CONTACT US

EDWARD WUJEKSenior Vice President+1 248 351 2058edward.wujek@cbre.com

EUGENE AGNONESenior Vice President +1 248 351 2024eugene.agnone@cbre.com

INVESTMENT PROPERTY GROSSE POINTE PHYSICIANS X-RAY CENTER21003,21011,21015 MACK AVENUE | GROSSE POINTE WOODS, MICHIGAN

SITE

MA

CK

AV

ENU

E

E. 8 MILE ROAD

VERNIER ROAD

www.cbre.com/detroit

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

CONTACT US

EDWARD WUJEKSenior Vice President+1 248 351 2058edward.wujek@cbre.com

EUGENE AGNONESenior Vice President +1 248 351 2024eugene.agnone@cbre.com

INVESTMENT PROPERTY GROSSE POINTE PHYSICIANS X-RAY CENTER21003,21011,21015 MACK AVENUE | GROSSE POINTE WOODS, MICHIGAN

003-02-0065-001 (1953 Roslyn)

+ 2018 winter tax $669.48

+ 2018 summer tax $706.68

+ SEV = $24,200; taxable = $20,050

003-06-0086-300 (21003 Mack)

+ 2018 winter tax $11,022.88

+ 2018 summer tax $11,635.00

+ SEV = $330,400; taxable = $330,089

+ Long-time renowned and well-established tenant in the community

+ Large physician group with over 28 physicians

+ Please visit www.eastpointeradiologists.com for more information

+ NNN lease structure

+ Lease expires 2/28/2021

+ Rent is flat at $6,429.89/month ($14.35/SF NNN)

+ Tenant has 2 2-year extension options exercisable with 120 days’ notice continuing the rent schedule

REAL ESTATE TAX BREAKDOWN

EASTSIDE RADIOLOGISTS