DOWNLOAD BROCHURE
Sale
The Baldwin Group
17717 Masonic Boulevard
Fraser, Michigan
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 |
