711 West Pickard Street

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711 West Pickard Street

Mt Pleasant, MI 48858
Asking Price
$2.90M
Asset Type
Executive Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property is currently listed for sale at $2,900,000.
  • This asset is categorized as an executive office space.
  • Located at 711 West Pickard Street in Mt. Pleasant, Michigan.
  • The site is positioned within a primary commercial submarket.
  • Ideal for corporate headquarters or professional service firm use.
  • Benefit from a location with regional access in Central Michigan.

What's Special

Priced at $2,900,000, 711 West Pickard Street presents a professional executive office asset situated in Mt. Pleasant, Michigan. This commercial property occupies a strategic position within a market known for its diverse economic base, driven largely by local education and healthcare sectors. The site provides high visibility and accessible infrastructure for businesses looking to establish or expand their regional presence in the Central Michigan area. Its layout is well-suited for professional service firms, corporate headquarters, or administrative operations requiring a dedicated environment. Mount Pleasant benefits from steady connectivity to surrounding regional hubs, facilitating ease of transit for employees and clients alike. The professional nature of the surrounding submarket supports a range of business activities, making this executive office an appropriate choice for organizations seeking stability. Prospective buyers can leverage the current asset configuration to accommodate various workspace needs while positioning their operations within a well-established commercial corridor.

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412

Location & Travel Times