Office/Retail Building

Highlights:

• 10,000 SF value-add, 2-building office investment opportunity on 2.37-acre parcel in Jonesville
• 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 / Value-add opportunity with 825 RSF and 3,000 RSF suites available for lease at $12.00/RSF Modified Gross
• 4,000 SF - 588 Olds St. (Building 2) - Single-tenanted office building occupied by the USDA since 1999
• Property offers 2 access drives, 93+/- parking spaces and monument/pylon signage
• Highly visible site on Olds St./M-99, southwest of downtown Jonesville at entrance to Jonesville Industrial Park
• Zoned HC, Highway Commercial District in the Village of Jonesville
• 13% in-place income cap rate and $50/SF
• Great value-add property for owner/investor

Description:

VALUE-ADD OFFICE INVESTMENT OPPORTUNITY: Two buildings totaling 10,000 SF on 2.37-acre parcel in Jonesville, Michigan. Building 1 (576) is a 6,000 SF multi-tenanted office/retail building with 4 suites. Existing tenants include Leigh Raddatz, CPA and Willow Insurance Group. Building 2 (588) is a 4,000 SF single-tenanted office building occupied by the USDA since 1999. Property offers 2 access drives, 93+/- parking spaces and monument/pylon signage. Zoned HC, Highway Commercial District in the Village of Jonesville, this highly visible site is located southwest of downtown Jonesville at the entrance to Jonesville Industrial Park. A 13% in-place income cap rate and $50/SF makes this a great value-add property for an owner/investor.

Contact broker for additional information. Do not approach tenants/employees. Parcel size/dimensions subject to buyer verification.

Located on Olds St./M-99, southwest of downtown Jonesville at entrance to Jonesville
Industrial Park

2 Spaces Available