Polewach Building | 16231 W 14 Mile Rd
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Polewach Building 16231 W 14 Mile Rd
7,918 SF 100% Leased Office Building Beverly Hills, MI 48025 £1,186,220 (£150/SF) 7% Net Initial Yield
Investment Highlights
- Immaculate condition Updated
Executive Summary
Fully leased professional building in Exceptional condition. High traffic location, 47 car parking Mechanical and Roof updated, elevator.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Gross Rental Income | $99,999 | $9.99 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $99,999 | $9.99 |
Net Operating Income | - | - |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
7,918 SF
Building Class
C
Year Built/Renovated
1967/2010
Price
£1,186,220
Price Per SF
£150
Net Initial Yield
7%
NOI
£83,035
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,959 SF
Building FAR
0.33
Lot Size
0.55 AC
Zoning
BI
1 of 1
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 24-01-201-052 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £291,251 |
PROPERTY TAXES
Parcel Number
24-01-201-052
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£291,251
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Polewach Building | 16231 W 14 Mile Rd
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