7825 N Dixie Hwy Unit 301

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7825 N Dixie Hwy Unit 301

newport, MI 48166
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

Located at 7825 N Dixie Highway, Unit 301, this office suite is situated in a commercial corridor of Newport, Michigan. The property offers direct frontage on a primary local thoroughfare, providing proximity to various service-oriented businesses and retail centers. It is positioned near Interstate 75, facilitating regional connectivity between the Detroit and Toledo metropolitan areas. The surrounding neighborhood is a mix of residential zones and commercial developments, with essential amenities and dining options located within a short drive. The property is suited for professional services, administrative operations, or boutique consultancy firms. The layout and location cater to small to mid-sized businesses requiring a functional workspace with easy highway access for commuting staff and visiting clients. Typical tenants for this asset class include legal professionals, accounting services, insurance agencies, and regional satellite offices seeking a presence in the Monroe County area. The unit provides a private environment conducive to focused business activities.

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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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