806 Hogsback RdMason, MI 48854

Property Details for 806 Hogsback Rd

Year built

2009

Lot size

3.12 AC

Property size (Sq ft)

8,006 SF

Zone code

B-1

Property type

Strip malls

Property subtype

Neighborhood centers

APN

33-06-06-31-151-007

APU

33060631151007

Description

This exceptional investment opportunity presents a fully occupied, four-unit executive office building situated on a 3.12-acre lot in Mason, Michigan. The property, known as Cedar View Professional Park, boasts 8,006 square feet and is anchored by a long-term tenant, the Secretary of State office, ensuring stable income. Built in 2010 at 806 Hogsback Rd, 48854, the property enjoys high visibility due to its prominent street frontage. The current occupancy rate is 100%, generating a substantial gross annual income of $129,960 and a net operating income (NOI) of $70,464, resulting in an attractive 7.6% capitalization rate. This multi-tenant property offers a secure and profitable investment with a strong tenant base and excellent location within Ingham County. The property's strategic location and consistent income stream make it an ideal addition to any investment portfolio. Detailed financial statements are available upon request. This is a rare opportunity to acquire a high-performing commercial property in a thriving market.

Location Insight

City

Mason

County

Ingham

State

Michigan

Latitude

42.6056

Longitude

-84.48

CBSA code

29620

CBSA name

LANSING-EAST LANSING, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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