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Lakes Office Building 10559 Citation Dr

44,409 SF Vacant Office Building Brighton, MI 48116 $5,750,000 ($129/SF)

Investment Highlights

  • Ideal Owner/User property that could be used as a corporate HQ
  • Easy access to I-96 and US 23
  • Furniture and fixtures available while supplies last
  • Various sized suites available across 3 floors
  • Long-life stainless steel cooling tower was replaced in 2017
  • First class EPDM M-Class White Rubber Roof

Executive Summary

Almost Like New, well maintained, three story office building overlooking I-96 (at US 23) just off East Grand River in the Brighton Business Park in Brighton Township (lower taxes). Priced well below reproduction costs… save, save, save! Ideal for a owner/user (**various sized suites available or to be available, i.e. first floor (14,803 sq. ft., less lobby area) & third floor (14,803 sq. ft.) can be immediately available... Suite 201 (3,429 sq. ft.)and Suite 202 (2,142 sq. ft.) on the second floor are available now. Near banking, restaurants, shopping, with easy Expressway access. Some furniture and fixtures available - until they aren't! Confidentiality Agreements must be signed prior to on-site inspections. The roof is a first class EPDM M-Class White Rubber Roof (See EDPM Rubber - Wikipedia). Heating & Cooling is a state of the art (and very economical) heat pump system with 55 zones controlled by multiple thermostats to provide maximum versatility for heating & cooling as needed throughout the various building zones. The cooling tower is a newer (2017) long-life stainless steel model. These items are indicative of the high quality of this fine property.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
44,409 SF
Building Class
B
Year Built/Renovated
2001/2016
Price
$5,750,000
Price Per SF
$129
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,803 SF
Slab To Slab
9’
Building FAR
0.31
Land Acres
3.24 AC
Zoning
B-3 - Business District
Parking
191 Spaces (4.3 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 100
  • 14,377 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 201
  • 3,429 SF
  • Office
  • Full Build-Out
  • Now

MUST SEE!! Well maintained office building and site. Suite 201 is 3,429 square feet. On the second floor with elevator and stairs access. Rent includes heat, Tenant pays separately metered electricity. Lease rate escalates 3% annually. Common restrooms on each floor. Abundant parking all around the building. Near to restaurants, banks, shopping and services with easy I-96 and US-23 access... A great kick-off location to get to all of Michigan.

  • 2nd Fl-Ste 202
  • 2,142 SF
  • Office
  • Partial Build-Out
  • Now

MUST SEE!! Well maintained office building and site. Suite 201 is 3,429 square feet. On the second floor with elevator and stairs access. Rent includes heat, Tenant pays separately metered electricity. Lease rate escalates 3% annually. Common restrooms on each floor. Abundant parking all around the building. Near to restaurants, banks, shopping and services with easy I-96 and US-23 access... A great kick-off location to get to all of Michigan.

  • 2nd Fl-Ste 205
  • 1,808 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 300
  • 14,377 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 14,377 SF Office - Now
2nd Fl-Ste 201 3,429 SF Office Full Build-Out Now
2nd Fl-Ste 202 2,142 SF Office Partial Build-Out Now
2nd Fl-Ste 205 1,808 SF Office - Now
3rd Fl-Ste 300 14,377 SF Office - Now

1st Fl-Ste 100

Size
14,377 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 201

Size
3,429 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 202

Size
2,142 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 205

Size
1,808 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 300

Size
14,377 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 201

Size 3,429 SF
Space Use Office
Condition Full Build-Out
Available Now

MUST SEE!! Well maintained office building and site. Suite 201 is 3,429 square feet. On the second floor with elevator and stairs access. Rent includes heat, Tenant pays separately metered electricity. Lease rate escalates 3% annually. Common restrooms on each floor. Abundant parking all around the building. Near to restaurants, banks, shopping and services with easy I-96 and US-23 access... A great kick-off location to get to all of Michigan.

2nd Fl-Ste 202

Size 2,142 SF
Space Use Office
Condition Partial Build-Out
Available Now

MUST SEE!! Well maintained office building and site. Suite 201 is 3,429 square feet. On the second floor with elevator and stairs access. Rent includes heat, Tenant pays separately metered electricity. Lease rate escalates 3% annually. Common restrooms on each floor. Abundant parking all around the building. Near to restaurants, banks, shopping and services with easy I-96 and US-23 access... A great kick-off location to get to all of Michigan.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-33-300-029
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,513,200
  • Listing ID: 26358979

  • Date on Market: 8/8/2022

  • Last Updated:

  • Address: 10559 Citation Dr, Brighton, MI 48116

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