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Glendale Hills 2710 W Court St

16,800 SF 81% Leased Office Building Flint, MI 48503 £391,055 (£23/SF) 7.33% Net Initial Yield

Investment Highlights

  • Strong Tenant Base
  • High Visability

Executive Summary

Highly visible area at corner of Court and Bradley. This building has 16 individual suites. Each unit has direct outside access at ground level and is separately metered for gas and electric. Ample parking and recorded video surveillance. New roof in 2022 and updated front entry overhead siding in 2023.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
16,800 SF
Building Class
C
Year Built
1968
Price
£391,055
Price Per SF
£23
Net Initial Yield
7.33%
NOI
£28,664
Percent Leased
81%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
8,400 SF
Building FAR
0.32
Land Acres
1.20 AC
Opportunity Zone
Yes
Zoning
C-2 - General Business including Restrict Office R-O + Local Business C-1
Parking
88 Spaces (5.24 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Route
  • Signage
  • Bicycle Storage
  • Partitioned Offices
  • Recessed Lighting
  • Suspended Ceilings
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40-14-332-027
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£375,643
  • Listing ID: 31637374

  • Date on Market: 28/04/2024

  • Last Updated:

  • Address: 2710 W Court St, Flint, MI 48503

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