Property Listing No Longer Available for Sale

2905 Lucerne Drive SE, Grand Rapids, MI

Office for Sale - $2,495,000


Property Info

CIMLS#954293
Location
  2905 Lucerne Drive SE
  Grand Rapids MI 49546
UpdatedJune 18th, 2017
TypeOffice
Price$2,495,000

Property Description

The SVN Colvin Team at SVN Silveri Co presents this 95% +/- leased office building in a great Cascade location. This newly up-to-date building generates approximately $230,000 in net income making this a 9% cap deal. This is the 1st building behind Leo's Coney, making it easy for tenants to walk to lunch. <br />

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Tenants include Dialog Direct, Shoppers View, Linden CPA's, West Michigan Case Management and Jet Brokers. Dialog Direct has closed their Grand Rapids operations but is required to pay rent through the end of the 2018 on their 14,130 SF which creates an opportunity for a growing owner/ user to have substantial income while they expand. The building has a large generator for back-up power, three class rooms with video screens and 7500 SF of call center in place. This is a beautiful setting with lots of windows. Lot size is approximately. <br />

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View Full Listing: <a href="http://realestate.oodle.com/j_a2xx_/4558865416-1662u567,49-0F2BE7D5FDE3/realestate.oodle.com___ODLSLMDbiWllIM3NV8rNHnXsD36tvj86srH7Ikun8lJNQMcLKYOcEytJEHx3TC6PVOhBcqb3F3xWQB-C97_Apijoz1hpCDXfgd1lav6vR5y61PhjNHlEjJeik8eymbjCTVwdE6veB5pJ9r1cWtRC6TdfYy_XcbC6jrxsz2egn" rel="nofollow">here</a>


Financials