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 |
|---|---|
| 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 |
|---|---|
| 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 |
|---|---|
| Parking | 6-10 Spaces |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C, HVAC |
Exterior
| Exterior Features | Security Lighting |
|---|---|
| Roof | Shingles |
| Construction | Brick, Brick Front, Shingle |
| Foundation | Slab |
Additional Information
| Zoning | Professional Office |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Brookstone, Realtors LLC |
|---|