Investment Opportunity - 100% occupied, Capitol Com. Center, Delta Twp

Office for Sale
Catylist Listing ID: 30787405
Property Subtypes: Business Park, Office Building
Building Size (RSF): 15,832 SF
Gross Building Area: See Agent
Gross Land Area: 1.61 Acres
Sale Price: $1,495,000
Unit Price: $94.43 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2023

Overview / Comments

• 15,832 SF single-story building on 1.61 acres
• 100% occupied
• Built in 2001/renovated in 2008
• 78 on-site parking spaces
• Common meeting room available (seating up to 30) with video
conferencing technology to support remote work force capabilities
• Common fitness room with lockers and shower
• 9' ceiling heights throughout
• Gas forced HVAC units
• Video surveillance of exterior
• Monument signage at street
• Nicely landscaped building

Additional Details

Nearest MSA: Lansing-East Lansing
County: Eaton
Taxing Authority: Delta Township
Tax ID/APN: 040-066-250-010-00
Total Number of Buildings: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,430 50,755 119,826
Median Age: 47.14 39.56 36.93
Households: 2,157 21,790 51,035


Photograph of Listing Agent

Eric F. Rosekrans, CCIM, CPM

Martin Commercial Properties, Inc. CPIX Member
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