2.5% Annual Rental Increases

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2.5% Annual Rental Increases

Jackson, MI 49202
Asking Price
$3.20M
Asset Type
Office
Class
Class B

What's Special

Located in Jackson, Michigan, this office property is situated within a well-established professional corridor characterized by a mix of commercial services and local businesses. The site offers convenient proximity to downtown Jackson, providing easy access to the Jackson County Courthouse and various municipal offices. Nearby amenities include diverse dining options, retail centers along West Michigan Avenue, and essential service providers. The location benefits from a developed road network, offering straightforward connectivity to Interstate 94 and US-127, facilitating efficient travel for employees and clients throughout the mid-Michigan region. The property is well-suited for professional service firms, including legal practices, accounting offices, or regional administrative headquarters. Its layout and location accommodate tenants seeking a stable environment with predictable 2.5% annual rental increases. The facility is ideal for established businesses looking for a functional workspace with accessible parking and professional visibility. Typical tenants include healthcare administrators, insurance agencies, and non-profit organizations requiring a central location to serve the greater Jackson community. The asset provides a versatile floor plan capable of supporting private offices, collaborative workspaces, and client reception areas.

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NOI
$80,000
Cap Rate
2.50%
DSCR
0.42
Underwater
Cash-on-Cash
-11.46%
Monthly Payment
$15,831.854
Annual Cash Flow
$-109,982.248

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