For Sale
$575,000
24800 Lahser Rd Southfield, MI 48033
High-yield, fully leased medical office.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $575,000 asking price for this 4,002 SF medical office building.
- Located at 24800 Lahser Rd, Southfield, MI 48033, on a 1-acre lot.
- Class B, single-tenant, net-leased property with a credit-rated tenant (Heartland Dental).
- 9.55% cap rate based on a $54,894 Net Operating Income (NOI).
- 100% occupancy with a lease expiring 10/31/2025 (0.9 years remaining).
- Built in 1958, renovated in 2018, featuring two stories.
Property Details for 24800 Lahser Rd
- Property type
- Office properties, Medical offices
- Square Feet
- 4,002 SF
- Class
- B
- Year Built/Renovated
- 1958/2018
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 43,560 SF
- Units
- 1
Location Insight
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4710629
- Longitude
- -83.2599337
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - High-yield, fully leased medical office.
- Where is the office property located?
- The property is located at 24800 Lahser Rd Southfield, MI.
- What is the asking price?
- The asking price for this property is $575,000.
- What are key features of this property?
- This property features: $575,000 asking price for this 4,002 SF medical office building.; Located at 24800 Lahser Rd, Southfield, MI 48033, on a 1-acre lot.; Class B, single-tenant, net-leased property with a credit-rated tenant (Heartland Dental).
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