37235 Goddard Rd
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37235 Goddard Rd
2,900 SF Office Building Romulus, MI 48174 $622,515 ($215/SF) 8% Cap Rate
Investment Highlights
- Long term strong tenants.
- Abundant parking.
- Building in excellent condition, built in 2000.
- Close to 94 & 275.
- Close to the airport.
Executive Summary
Excellent investment opportunity! 2,900 square feet of prime Dental / Medical space. Current tenants are part of a long term established dental group with locations throughout the United States. Romulus Family Dental is owned by North American Dental Group, a nationwide company with hundreds of offices. Tenants are in the 2nd year of a 2nd, 5 year renewal term, there is also a 3rd renewal term. Sharp modern building bult in 2000, and is in excellent condition along with all the current available technology. Convenient location in Romulus, close to 94 & 275.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
2,900 SF
Building Class
B
Year Built
2000
Price
$622,515
Price Per SF
$215
Cap Rate
8%
NOI
$49,800
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,900 SF
Building FAR
0.12
Land Acres
0.55 AC
Opportunity Zone
Yes
Zoning
CBD-1
Parking
20 Spaces (6.9 Spaces per 1,000 SF Leased)
Amenities
- Signage
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PROPERTY TAXES
Parcel Number | 80-078-14-0008-300 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $258,600 |
PROPERTY TAXES
Parcel Number
80-078-14-0008-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$258,600
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37235 Goddard Rd
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