2325 Belmont Ctr DrPlainfield charter Township, MI 49306

For Sale
$1,320,000

Prime Office Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Class A office building, located at 2325 Belmont Center Drive NE in Plainfield Charter Township, Michigan, presents a compelling investment opportunity. Built in 2019, this single-story, 6,884 square foot property boasts a desirable location within the Belmont Office park area, offering excellent road frontage on both Jupiter and Belmont Center. The building features two units, currently 100% occupied by long-term professional tenants under NNN leases with a remaining term of 2 years. The property includes 36 parking spaces and sits on a 0.97-acre lot. With a Net Operating Income (NOI) of $102,021 and an asking price of $1,320,000, this investment offers a 7.75% cap rate. The property is zoned PUD - PLN and features brand new construction. This is an ideal owner/user or investment opportunity for long-term growth, given the strong tenancy and prime location in Kent County, MI (zip code 49306). The APN is 41-10-16-429-002. The price per square foot is $191.74.

Highlights

  • 100% occupied investment property with strong, long-term tenants.
  • Brand new construction (2019), single-story, 6,884 square foot building.
  • Two long-term professional tenants under NNN leases with a remaining term of 2 years.
  • Excellent location with road frontage on Jupiter and Belmont Center Drives in the Belmont Office Park, Plainfield Charter Township, MI (49306).

Property Details for 2325 Belmont Ctr Dr

Property type
Other office properties, Other investment properties
Square Feet
6,884 SF
Class
A
Year Built
2019
Buildings
1
Stories
1
Lot Size (sq. ft)
42,253 SF
Units
2

Location Insight

City
Plainfield charter Township
County
Kent
State
Michigan
Latitude
43.077781
Longitude
-85.611679
2325 Belmont Ctr Dr, Plainfield charter Township, Michigan

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2325 Belmont Ctr Dr
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