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Trillium Plaza 576-588 Olds St
10,000 SF Vacant Office Building Jonesville, MI 49250 $499,000 ($50/SF) 13% Cap Rate
Investment Highlights
- 10,000 SF value-add, 2-building office investment opportunity on 2.37-acre parcel in Jonesville
- 4,000 SF - 588 Olds St. (Building 2) - Single-tenanted office building occupied by the USDA since 1999
- Highly visible site on Olds St./M-99, southwest of downtown Jonesville at entrance to Jonesville Industrial Park
- 6,000 SF - 576 Olds St (Building 1) - Multi-tenanted office/retail building offers 4 suites occupied by Leigh Raddatz, CPA and Willow Insurance Group
- Property offers 2 access drives, 93+/- parking spaces and monument/pylon signage
- 13% in-place income cap rate and $50/SF - Great value-add property for owner/investor
Executive Summary
Contact broker for additional information. Do not approach tenants/employees. Parcel size/dimensions subject to buyer verification.
Property Facts
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Open-concept suite offers lots of natural light and front/rear building access. Located in Building 1 (576 Olds Street).
Current floor plan includes a reception area, multiple private offices, conference room, break room and unisex restroom with plenty of natural light and private front/rear and common-area access. Located in Building 1 (576 Olds Street).
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 580 | 825 SF | Office | - | Now |
| 1st Fl-Ste 588 | 3,000 SF | Office | Full Build-Out | Now |
1st Fl-Ste 580
| Size |
| 825 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 588
| Size |
| 3,000 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 580
| Size | 825 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
Open-concept suite offers lots of natural light and front/rear building access. Located in Building 1 (576 Olds Street).
1st Fl-Ste 588
| Size | 3,000 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Current floor plan includes a reception area, multiple private offices, conference room, break room and unisex restroom with plenty of natural light and private front/rear and common-area access. Located in Building 1 (576 Olds Street).
PROPERTY TAXES
| Parcel Number | 21-008-200-015-08-6-3 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $355,700 |
PROPERTY TAXES
Learn More About Investing in Office Space
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Trillium Plaza | 576-588 Olds St
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