806 Hogsback RdMason, MI 48854

For Sale
$950,000

High-Yield, 100% Occupied Multi-Tenant Office

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a fully occupied, four-unit executive office building situated on a 3.12-acre lot in Mason, Michigan. The property, known as Cedar View Professional Park, boasts 8,006 square feet and is anchored by a long-term tenant, the Secretary of State office, ensuring stable income. Built in 2010 at 806 Hogsback Rd, 48854, the property enjoys high visibility due to its prominent street frontage. The current occupancy rate is 100%, generating a substantial gross annual income of $129,960 and a net operating income (NOI) of $70,464, resulting in an attractive 7.6% capitalization rate. This multi-tenant property offers a secure and profitable investment with a strong tenant base and excellent location within Ingham County. The property's strategic location and consistent income stream make it an ideal addition to any investment portfolio. Detailed financial statements are available upon request. This is a rare opportunity to acquire a high-performing commercial property in a thriving market.

Highlights

  • 100% occupancy.
  • Long-term lease with the Secretary of State's office.
  • High-visibility street frontage.
  • Excellent investment opportunity with strong cash flow.
  • Gross annual income: $129,960.
  • Net operating income (NOI): $70,464.

Property Details for 806 Hogsback Rd

Property type
Other retail properties, Other office properties
Square Feet
8,006 SF
Year Built
2010
Lot Size (sq. ft)
135,907 SF
Units
4

Location Insight

City
Mason
County
Ingham
State
Michigan
Latitude
42.6055048
Longitude
-84.4807114
806 Hogsback Rd, Mason, Michigan

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
806 Hogsback Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message