415 Rodd St

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415 Rodd St

midland, MI 48640
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

415 Rodd Street is located in downtown Midland, Michigan, situated within a professional corridor characterized by a mix of corporate offices and local businesses. The property is positioned near the intersection of Rodd and East Buttles Streets, providing proximity to various amenities including the Dow Corporate Headquarters, the Midland County Courthouse, and several dining and retail options in the downtown district. The location offers accessibility via major local thoroughfares and is within reach of the US-10 highway, facilitating transportation for commuters across the Great Lakes Bay Region. The office space is suited for professional services, legal practices, or administrative operations seeking a presence in a central business district. Typical tenants for this asset type and location include insurance agencies, accounting firms, and non-profit organizations. The layout and zoning support general office use, providing a functional environment for small to mid-sized teams requiring workspace near government and civic centers. The property’s situation in a high-visibility area makes it appropriate for businesses that benefit from a recognizable local address and proximity to professional counterparts.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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