For Sale View Offering Memorandum

NNN Office Investment

1050 Corporate Office Drive, Suite 7, Milford, MI 48381

Property Stats

GSF20,588
TypeOffice
Sub-typeOffice Condo
Use TypeInvestment
Lot SizeNot specified
MSADetroit-Warren-Livonia
Year Built1998

Property Details

Property Description

NNN Investment FOR SALE in the Milford Corporate Office Park. $291,300 per year in Net Operating Income. 10% Cap Rate. 4 Years remaining on a Lease thru December 31, 2022 with MB Financial Bank which recently merged with Fifth Third.

This Class A all-brick, pitched roof office building built in 1998 offers a total of 20,588 sf of high-quality space on one level. The columned entryway leads to a rounded reception area with a large Boardroom, extensive kitchen/breakroom, network room, file room and several small conference rooms.

Highlights

  • 39 ext. wall offices w/ large windows
  • Two large areas; up to 44 work stations
  • Power supply back-up; hard-wired gen.
  • Monument sign at entrance of Office Park
  • Outdoor patio

Property Map

Additional Info

  • Number of Floors: 1
  • Under Construction: No
  • Building Class: A
  • RSF: Not specified
  • USF: Not specified
  • Acres: 7.50

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.