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Property profile

1 Broadcast Way Cadillac, MI 49601

OFF-MARKET
Office Spaces
20,500 SF 11 ac lot Built 1981
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Property summary

AI-generated overview

This exceptional 20,500 square foot executive office building, situated on an 11-acre lot at 1 Broadcast Way in Cadillac, Michigan (49601), presents a unique investment opportunity. Built in 1981 and extensively renovated in 2016, this two-story building boasts striking Greek Parthenon-inspired architecture, ensuring high visibility from US 131. The interior offers a modern and upbeat atmosphere, contrasting beautifully with the classic exterior. The main floor comprises 19 private offices, including two large corner executive suites, a distinctive "fishbowl" glass conference room, two spacious common areas, and a mix of private and shared restrooms. The lower level features a fully equipped gourmet kitchen/break room, a fitness center, men's and women's locker rooms, six additional private offices, a large common area, extra restrooms, and a substantial conference hall. The building's southern exposure provides abundant natural light in the lobby, accentuated by a dramatic two-story window wall and an open winding staircase. Its strategic location, approximately 1.5 hours north of Grand Rapids and 1.25 hours south of Traverse City, makes it an ideal headquarters for businesses seeking a central location in Michigan. The asking price for this impressive property is $3,920,000.

Property profile

Verified
Property type Office Spaces
Year built 1981
Total area 20,500 SF
Lot 11 ac (479,160 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1 Broadcast Way Cadillac, MI 49601
Cadillac metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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