Property Info

Commercial, Other City - Not In The S

  • Other City - Not In The S
  • FL
  • $18,799,000
  • M1330400
  • 3300 UNIVERSITY DR
  • Other City - Not In The S FL
  • 1986
  • 32,767
  • 9 acres
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Contact Info

Audrey Ross

  • 355 Alhambra Circle Suite 950
  • Coral Gables, FL 33134
  • Phone: 305.206.4003
  • Fax: 305.668.4132
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3300 UNIVERSITY DR Photo

Amenities

  • Central air conditioning
  • Concrete block stucco
  • Electric heating
  • Gated community
  • Lot size is between 5 and 10 acres
  • Public water supply
  • Tile flooring

Property Description

PROPERTY LOCATED IN AUBURN HILLS, MICHIGAN- GREAT TRIPLE NET LEASE NATIONAL + INTERNATIONAL TENANT- 13.40% RETURN ON DOLLAR INVESTED, 3 YEARS REMAINING ON LEASE PLUS OPTION TO FOR 2 MORE!! CURRENT NET OPERATING INCOME $1,556,000 PER YEAR. MORTGAGE TO BE ASSUMED AT VERY LOW RATE!! GREAT 1031 EXCHANGE AND PASSIVE INVESTMENT. DOWN PAYMENT NEEDED $5.5 MILLION.