11755 Fulton Street

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11755 Fulton Street

Lowell, MI 49331
Asking Price
$2.34M
Asset Type
Office
Class
Class B

What's Special

11755 Fulton Street is situated in Lowell, Michigan, positioned along a primary commercial corridor that connects the local community to the greater Grand Rapids metropolitan area. The surrounding neighborhood features a mix of established local businesses, retail centers, and residential developments. Residents and employees have convenient access to nearby amenities, including supermarkets, dining options, and professional services within a five-minute drive. The property is located directly on M-21, providing straightforward East-West transportation access for commuters and logistical connectivity to Interstate 96. This office asset is well-suited for professional service firms, including legal, accounting, or insurance practices seeking visibility along a high-traffic thoroughfare. The layout and location support administrative operations for local businesses or satellite offices for regional companies requiring a presence in the Lowell market. Typical tenants include medical practitioners, creative agencies, or corporate entities that benefit from a professional environment outside the high-density urban core. The site offers functional space for organizations prioritizing accessibility for both staff and clients within the Kent County region.

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NOI
$80,000
Cap Rate
3.42%
DSCR
0.58
Underwater
Cash-on-Cash
-8.39%
Monthly Payment
$11,577.043
Annual Cash Flow
$-58,924.519

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