3819 S Ortonville Rd, Clarkston, MI 48348

Commercial property for lease

• Description
• 3779-.3819 S. Ortonville Road (M-15) in Clarkston is a 9,723 SF fully NNN leased investment property. The 2 tenant building produces an NOI of $48,486.84 annually for a CAP rate of over 8.8%. The building has plenty of upside potential with a rent increase due to the landlord in February 2018, and the opportunity to create an additional 4,700 SF basement suite for rent with an improvement of an exterior entrance.The property consists of 3 main buildings. Building #1 is 4,744 SF with a full basement. This building houses both tenants (Loyal Paws Pet Crematorium and Rusty Relics Antiques) showrooms and offices. Building #2 is the warehouse facility for Loyal Paws, a 2,433 SF steel construction warehouse, with office and dock high door.Building #3 is a 2,346 SF warehouse facility for Rusty Relics Antiques. The warehouse is steel construction with one grade level door and 1 dock height door. Property has both a pylon sign and monument sign available.Please email agent for a confidentiality agreement and a copy of the detailed rent roll at lbalone@insitecommercial.com Building price details: $550,000.
• Exterior Features

• Parking:	Yes
  Parking Spaces:	45
  Parking Type:	Surface

• Contact info
• Randall S. Thomas

  Insite Commercial
• Note

• Details Info about this row that located on 3819 S Ortonville Rd, Clarkston, MI 48348 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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