About 117-119 Walnut Blvd
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 Blvd
| MLS® # | 58050187489 |
|---|---|
| Price | $650,000 |
| Bathrooms | 0.00 |
| Acres | 0.09 |
| Year Built | 1997 |
| Type | Commercial |
| Status | Active |
Community Information
| Address | 117-119 Walnut Blvd |
|---|---|
| Area | 02152 - Rochester |
| City | Rochester city |
| County | Oakland |
| State | Michigan |
| Zip Code | 48307 |
Amenities
| Utilities | Electricity Available, Natural Gas Connected |
|---|---|
| Parking | Other |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | Central Air, Other |
| Fireplace | No |
Exterior
| Construction | Brick, Brick Veneer, Shingle Siding |
|---|---|
| Foundation | Slab |
School Information
| District | Rochester |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Brookstone, Realtors LLC |
|---|---|
| Contact Info | terry@theherishgroup.com |