About 117-119 Walnut Boulevard
Walnut Center - 117-119 Walnut Blvd Rochester, MI 48307 Explore an exceptional investment opportunity at Walnut Center in the heart of Downtown Rochester, Michigan. This multi-tenant office building is 100% occupied, boasting stable income with a Net Operating Income of $39,905. With long-term tenants locked in until 2028 and 2029, enjoy a hassle-free investment with minimal landlord responsibilities. The property features a brand-new parking lot and benefits from high traffic counts of over 40,000 vehicles per day. Situated in a prime location surrounded by retail, residential areas, and major national tenants, Walnut Center offers a lucrative investment in a thriving market. Take advantage of the strong lease terms with annual rent increases guaranteeing a solid return on your investment. Don't miss this opportunity to own a strategic piece of real estate in a bustling area, where the median household income within a one-mile radius is $117k. Invest in Walnut Center today and secure your future in the vibrant market of Detroit.
Features of 117-119 Walnut Boulevard
MLS® # | 50187489 |
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Price | $650,000 |
Square Footage | 2,000 |
Acres | 0.09 |
Year Built | 1997 |
Type | Commercial |
Sub-Type | Commercial/Industrial |
Status | Active |
Source MLS | MiRealSource |
Originating MLS | MiRealSource |
Community Information
Address | 117-119 Walnut Boulevard |
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Area | Rochester |
City | Rochester |
County | Oakland |
State | Michigan |
Zip Code | 48307 |
Amenities
Features | DSL Installed, Fixtures, Restroom(s), Electric Available, Handicap Elevator, Interior Sprinkler, Lawn Sprinkler, Occupied, Reception Area, Sprinkler System, Smoke/Fire Alarm |
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Parking | 6-10 Spaces |
Is Waterfront | No |
Interior
Heating | Forced Air |
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Cooling | Central A/C, HVAC |
Exterior
Exterior Features | Security Lighting |
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Roof | Shingles |
Construction | Brick, Brick Front, Shingle |
Foundation | Slab |
Additional Information
Zoning | Professional Office |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Brookstone, Realtors LLC |
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