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3709 Deep River Rd Standish, MI 48658

For Sale
$1,150,000

Fully leased investment property with long-term tenant in Standish, MI.

Property size:
10,141 SF
Lot size:
2.28 Acres

Property Features for 3709 Deep River Rd

General Information

Size
10,141 SF
Lot size
2.28 Acres

Source: Trademark Commercial Group Agent Gretchen Witherspoon,SIOR,CCIM

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Standish Investment Opportunity For Sale

This fully leased investment opportunity is located in Standish, Michigan. The Michigan Department of Health & Human Services (MDHHS) has been the sole tenant in this building since 1987, when the building was constructed for their use. MDHHS recently signed a 5-year renewal, which expires in 2028, with an additional 5-year option available to lease into 2033. The Standish MDHHS is the only branch serving Arenac County, with the closest MDHHS location 25 miles away in Gladwin. The property has a size of 10,141 square feet and the current Cap Rate is 8%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Department of Human Services Social Services Organization

Suggested Use

Spa & Massage Hair Salon Nail Salon Storage Facility Garden Center Plumbing Service Veterinary Clinic Pet Supply Store Nursing Home Assisted Living Facility

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Standish
County
Arenac
State
Michigan
Longitude
-83.986736
Latitude
43.973258

FAQs

What type of property is this?
Office building - Fully leased investment property with long-term tenant in Standish, MI.
Where is this office building located?
The property is located at 3709 Deep River Rd Standish, MI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: - Long-term lease with Michigan Department of Health & Human Services (MDHHS) until 2028, with a 5-year renewal option to 2033.; - MDHHS has been the sole tenant for over 30 years, indicating stability.; - Current Cap Rate is 8%.
More about this property
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