Ridgewood Office Building | Midland, MI

Agent Info

Ryan Vinco

248.702.0299
ryan@encorereis.com

Deno Bistolarides

248.702.0288
denob@encorereis.com

Brandon Hanna

248.702.0290
bhanna@encorereis.com

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Offering Information

2205 Ridgewood Drive
Midland, MI 48642

  • Price: $1,600,000
  • Cap. Rate: 15.00%
  • NOI: $240,002
  • Building Size: 14,063SF
  • Lot Size: 3.79 AC

Investment Highlights

  • Newly renovated 14,036 SF Office Building on 3.79 Acres
  • Offered at an Attractive Cap Rate and Price Per Square Foot
  • Double Net Lease - Minimal Landlord Obligations
  • Five (5) - One Year Options with Rent Increases
  • Strategic and Required Tenant Location
  • Tenant Relocated Over 80 Employees to this Facility in September 2017
  • The Dow Chemical Company was founded in Midland in 1897, and its world headquarters are still located there
  • March 27, 2015, Dow Chemical Company spun off its Chlorine and Epoxy businesses and merge them with the Olin Corporation, in a deal that would give Dow control of the Olin Corporation
  • Within Minutes of Dow Chemical's 1,00,000 Sq. Ft. World Headquarters
  • Midland - The #4 Best City to Raise a Family in America
  • 5 Mile Population Exceeds 43,000 | Projected Growth of 5.46% by 2019