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Liberty Place 35801-35875 Mound Rd

94,209 SF 32% Leased Office Building Sterling Heights, MI 48310 £8,603,038 (£91/SF) 9.10% Net Initial Yield

Investment Highlights

  • 90% Occupancy
  • Contact Broker for Confi dential Offering Memorandum
  • A-Credit Tenant Mix

Executive Summary

Investment Sale
High-Tech Office Building
9.1 % CAP Rate Return
90% Occupancy
A-Credit Tenant Mix
Contact Broker for Confidential Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
94,209 SF
Building Class
B
Year Built/Renovated
1991/2008
Price
£8,603,038
Price Per SF
£91
Net Initial Yield
9.10%
NOI
£782,876
Percent Leased
32%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
47,105 SF
Building FAR
0.43
Lot Size
5.05 AC
Zoning
I-1
Parking
325 Spaces (3.45 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 200
  • 4,540 SF
  • Office
  • Shell Space
  • Now
  • 2nd Fl-Ste 200/202
  • 4,540-9,272 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 200/202/206
  • 27,593 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 202
  • 4,732 SF
  • Office
  • Partial Build-Out
  • Now
  • 2nd Fl-Ste 206
  • 18,321 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
2nd Fl-Ste 200 4,540 SF Office Shell Space Now
2nd Fl-Ste 200/202 4,540-9,272 SF Office - Now
2nd Fl-Ste 200/202/206 27,593 SF Office - Now
2nd Fl-Ste 202 4,732 SF Office Partial Build-Out Now
2nd Fl-Ste 206 18,321 SF Office - Now

2nd Fl-Ste 200

Size
4,540 SF
Space Use
Office
Condition
Shell Space
Available
Now

2nd Fl-Ste 200/202

Size
4,540-9,272 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 200/202/206

Size
27,593 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 202

Size
4,732 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 206

Size
18,321 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 200

Size 4,540 SF
Space Use Office
Condition Shell Space
Available Now

2nd Fl-Ste 200/202

Size 4,540-9,272 SF
Space Use Office
Condition -
Available Now

2nd Fl-Ste 200/202/206

Size 27,593 SF
Space Use Office
Condition -
Available Now

2nd Fl-Ste 202

Size 4,732 SF
Space Use Office
Condition Partial Build-Out
Available Now

2nd Fl-Ste 206

Size 18,321 SF
Space Use Office
Condition -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-10-29-427-026
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£2,375,831
  • Listing ID: 29489714

  • Date on Market: 11/09/2023

  • Last Updated:

  • Address: 35801-35875 Mound Rd, Sterling Heights, MI 48310

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