R1SE Office Building | Midland, MI
Sands Investment Group is Pleased to Present Exclusively For Sale the 9,946 SF R1SE Office Building Absolute NNN Located at 800 Cambridge Street in Midland, MI. This Deal Includes an Fully Occupied Office Property Leased to R1SE, Inc. and MiJourney; R1SE Inc, Has an Absolute Net Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.
- Ideal Creative Office Owner/User Opportunity – R1SE Inc, Has Outgrown Their Space and Looking For a Short-Term Sale/Leaseback That Coincides With the End of the School Year; The Property Boast Numerous Amenities Facilitating an Efficient and Collaborative Office Environment
- Significant Capital Improvements – The Property Has Undergone Significant Renovations Since 2019; Total Capital Expenditures Exceed $600,000 in the Past 3 Years
- Fully Occupied Office Property – The Property is 100% Leased to R1SE, Inc. and MiJourney
- Sale/Leaseback – R1SE Inc, Will Sign a New Short-Term Lease Upon Closing
- Strong Demographics – 51,440 People With an Average Household Income of $95,380 Within 5-Miles of the Property
- Advanced Landscaping System – The Property Boasts a Newly Updated Professional Landscaping and Sprinkler System; The Owners Spent Approximately $200,000 on Landscaping and a New Patio
In Cooperation With: Sands Investment Group Michigan, LLC – Lic. # 6505424119 31235 Harper Avenue, St. Clair Shores, MI 48082 Direct# 586.210.6178 Broker of Record: Max Freedman – MI Lic. # 6502424113
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