Prime Office/Medical Building Investment Opportunity in Warren - 8.64% Cap Rate
$895,000
28263 - 28341 Hoover Rd, Warren, MI 48093
6,500 sqft
Building Size
0.57 acres
Lot Area
Details:
Highlights:
- 6,500 SF multi-tenant office/medical building
- Constructed in 1989 & renovated in 2019 / new roof in 2017
- Meticulously maintained inside & out
- Zoned for office and medical use
- Separately metered utilities
- Strategically located kitty corner from Ascension Macomb-Oakland Hospital
- Currently at 100% occupancy with long-term leases in place
- Cap Rate: 8.8%
- Well-lit parking lot & Building
Description:
Introducing 28263 - 28341 Hoover Rd, a prime investment opportunity in Warren, MI. This 6,500 SF building, constructed in 1989 and updated in 2019, offers a lucrative proposition for office and medical investors. With a favorable Office zoning and 100% current occupancy with long-term leases in place, this property presents a compelling prospect in the bustling Detroit area. Don't miss the chance to capitalize on this well-maintained and strategically located asset, poised to deliver long-term value and returns.
Located just south of 12 Mile Rd, on the west side of Hoover Rd. Convenient location across the street from Ascension Macomb-Oakland Hospital. Seconds away from I-696.
1 Space Available
28289 Hoover Rd Unknown Sub Type
Documents:
| Title | ||
|---|---|---|
| NEW Lease Brochure | ||
| Brochure.pdf |
Location
Gallery
