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    OFF-MARKET
    Industrial properties

    5151 Gateway Ctr, Flint, MI 48507

    2,630 SF 0.5 ac lot Built 1920
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2,630 square foot industrial property, situated on a half-acre lot at 5151 GATEWAY in Flint, MI, presents a compelling investment opportunity. Currently operating as a well-maintained medical office, this building boasts a strong 8.2% capitalization rate, making it an attractive prospect for savvy investors. The property's prime location, conveniently situated off US-75 and Hill Road, ensures high visibility and accessibility. The interior features five exam rooms, each equipped with sinks, a dedicated storage room, an X-ray room, a private doctor's office, two restrooms, and a spacious waiting area designed to welcome patients. Recent upgrades include brand new air conditioning and carpeting throughout, enhancing both comfort and aesthetics. Ample on-site parking is available for patients and staff. The current lease is a gross lease at $28 per square foot, providing a stable income stream. This turnkey medical office building is ready for immediate occupancy and offers significant potential for continued growth and profitability in a high-demand business district. The property's combination of strong financials, desirable location, and recent renovations makes it an ideal investment for those seeking a high-return asset in a thriving market.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1920
    Total area 2,630 SF
    Lot 0.5 ac (21,780 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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