3709 Deep River Rd Standish, MI 48658
Fully leased office building occupied by MDHHS with long-term renewal.
Type:Office
Property size:
10,141 SF- Added:
- Sep 28, 2023
- Days on Market:
- 923
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 3709 Deep River Rd
General Information
- Standard status
- Active
- Size
- 10,141 SF
- Property subtype
- Office
Listing agent Gretchen Witherspoon License #MI 6501316390
Listing office Trademark Commercial Group
Listing date Sep 28, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Trademark Commercial Group
Overview
Standish Leased Investment Opportunity
This commercial property in Standish, Michigan, presents an investment opportunity. Constructed in 1987, the building has been occupied by the Michigan Department of Health & Human Services (MDHHS) for over 30 years. The property is 10,141 square feet. 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 current Cap Rate is 8%.
Location Intelligence
Current Use by Public Records
Department of Human Services
Social Service Agency
Location Insight
- Map
- Local Demand
- City
- Standish
- County
- Arenac
- State
- Michigan
- Longitude
- -83.986736
- Latitude
- 43.973258
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Fully leased office building occupied by MDHHS with long-term renewal.
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: Fully leased by Michigan Department of Health & Human Services (MDHHS).; MDHHS recently signed a 5‑year renewal, expiring in 2028, with a 5‑year option to 2033.; Current Cap Rate is 8%.
