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3607 GEMBRIT Kalamazoo, MI 49001 4615
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 15,886 sqft
Price per Sqft $75
Subdivision Mi
MLS Listing ID 60209739
Sold Date 06/16/23
Lot Size 0.730 Acres
Acres 0.73
Lot Dimensions 112 x 287
Property Description
With the markets underperforming and the value of the dollar slipping, our clients have been desperately searching for investments to combat the financial instability. Full disclosure here, this one is such a great investment that its tough to even sell! Nonetheless, earn an extremely attractive cap rate with a stable tenant (large telecommunications company). 60 month least executed on 2-16-23 NNN with no escalators.
Location
State MI
County Kalamazoo
Area Kalamazoo (39022)
Zoning Industrial
Exterior
Waterfront No
Building
Foundation Slab
Water Public Water
Structure Type Vinyl Siding
Others
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with Bricks + Mortar Group