Cap Rate 8% Standish Fully Leased Investment Property

For Sale

3709 Deep River Rd, Standish, MI 48658

This Standish property for sale is located at 3709 Deep River Rd. The general use of Cap Rate 8% Standish Fully Leased Investment Property is office and it incorporates 10,141 square feet of class B office space. The current listed sale price for Cap Rate 8% Standish Fully Leased Investment Property is $1,200,000. Cap Rate 8% Standish Fully Leased Investment Property is situated on a lot that is 2.28 acre in size.

Contacts

broker

Gretchen Witherspoon, SIOR, CCIM

Trademark Commercial Group

Property Details

  • Property Type Office - General Office
  • Property Size 10,141 SF
  • Lot Size 2.28 Acre
  • Additional Rent Contact for pricing
  • Building Class B
  • Date Updated Sep 8, 2024
Located in the Standish Industrial Airpark off south of M-61Outstanding fully leased investment opportunity in Standish, Michigan. The Michigan Department of Health & Human Services (MDHHS) has been operating in this building for more than 30 years as the sole tenant, with the building built for them in 1987. MDHHS recently signed a 5-year renewal, which expires in 2028, with an additional 5-year option available to lease into 2033. The current Cap Rate is 8%. The Standish MDHHS is the only branch serving Arenac County with the closest MDHHS location 25 miles away in Gladwin. Call Trademark Commercial Group at 989-792-6400 for more information and to schedule a confidential showing. All showings are by appointment only.

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Getting around

  • 2/100

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Location

  • City Standish, MI
  • Neighborhood Standish
  • Zip Code 48658

Points of Interest

  • Shell

    1.35 miles

  • BP

    1.49 miles

  • The Jerky Outlet

    1.75 miles

  • Mobil

    1.77 miles

  • Marathon

    1.78 miles

  • Pinconning Trail Inn Motel

    8.41 miles

  • Family Fare Supermarket

    1.42 miles

  • Shopko Hometown

    1.44 miles

  • Northwoods Wholesale Outlet

    8.66 miles

  • Pinny Food Center

    8.78 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Gretchen Witherspoon, SIOR, CCIM

Trademark Commercial Group