Building Details:
Significant value-add opportunity! The North Park Office Complex is a 5-building, 72,388-square-foot professional office condo community built in 1985-1991 comprising 18 individual condo units on nearly 8 acres. The property is situated along Saginaw Street between abundant restaurant and shopping destinations. At 43% leased, occupancy is significantly lower than comparable properties; a disparity due primarily to long deferred maintenance on the parking lot. As a result, the property is an attractive option for real estate investors looking for a value-add opportunity with significant upside potential. Condominium documents, operating statements and rent roll are available upon execution of a confidentiality agreement.
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