Listing is a highly lucrative income property with minimal owner management or maintenance required. It is fully leased to two large space technology tenants, both on new long-term leases. The third tenant is a smaller, long-term healthcare user who is also on a new lease. Collectively, their tenant tenure exceeds 58 years. The listing income/expense history and earnings projections are available upon request. Confidentiality agreement required.
The building is well maintained and features a great setting overlooking the Huron River, a Metro Park across the street and a pond on the west side of the property. It is a continuous, masonry block, single story facility with a 25’ ceiling height. Over the years, the building has been updated and continuously added onto. Recent landlord improvements include: parking lot and all driveways completely rebuilt and paved, exterior waterproofing and drainage, landscaping and entryway improvements, 3 new HVAC units, and numerous electrical service upgrades. Tenant leasehold improvements also include clean room, drive-in ambulance bay, living quarters, restrooms, tile, carpet, and paint.
The property is situated in Webster Township with Dexter Village water and sewer services. Two street addresses/tax parcels 7300 Huron River Drive: CD-03-32-390-002 and 7294 Huron River Drive: CD-03-32-390-004. - Area description: Webster Township, Washtenaw County. Minutes from Ann Arbor. - Number of buildings: 1 - Building condition: Good - Tenancy: Multiple Tenants
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