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Sale

The Baldwin Group

17717 Masonic Boulevard
Fraser, Michigan

eCode:1010

Property Type

Freestanding

Sales Price

$1,750,000.00 ($207.12/SF)

Property Taxes

$26,591.22

Building Size

8,449 SF

Lot Size

0.92 AC

Lot Dimensions

±251ˈ X ±159ˈ

Available Space

8,449 SF

Zoning

IR (Industrial/Research)

Traffic Count

Masonic Blvd (10,345 CPD)
M-97 (30,711 CPD)

Highlights

  • Sales Price: $1,750,000.00 ($207.12/SF)
  • NOI: $156,200.53
  • CAP Rate: 8.93%
  • Freestanding, fully-leased single-tenant office building offering investors stable cash flow and long-term ownership value.
  • Price per square-foot is significantly below replacement cost at $207.12/SF.
  • Prominent location along Masonic Boulevard, delivering strong visibility, and ease of access.
  • Well-suited for investors seeking a stable office asset with upside potential through lease renewals or repositioning.
  • Ample on-site parking provides convenience for employees and visitors, exceeding typical office parking requirements.
  • Single-tenant configuration provides simplified management and operational efficiency.

Radius 1 Mile 3 Mile 5 Mile
Population Density 13,393 118,867 307,775
Household Income $82,103 $89,997 $92,689
Daytime Pop 6,158 37,963 100,404

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