This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
80-078-14-0008-300
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$258,600
  • Listing ID: 32791725

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 37235 Goddard Rd, Romulus, MI 48174

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}