For Sale
$330,000
13650 8 Mile Rd Oak Park, MI 48237
Prime 8 Mile Rd location, high cap rate.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 8.5% Cap Rate, Single-Tenant Investment.
- Long-term tenant (7-year history) with a new 5-year lease commencing November 1, 2022.
- High-traffic location with prime frontage on Eight Mile Road.
- Excellent access to major freeways.
- High commercial visibility.
- Annual rent escalations built into the lease.
Property Details for 13650 8 Mile Rd
- Property type
- Office properties
- Square Feet
- 3,867 SF
- Year Built/Renovated
- 1957/2010
Location Insight
- City
- Oak Park
- County
- Oakland
- State
- Michigan
- Latitude
- 42.4457039
- Longitude
- -83.1819404
Nearby Similar for Sale
FAQs
- What type of property is this?
- Office property - Prime 8 Mile Rd location, high cap rate.
- Where is the office property located?
- The property is located at 13650 8 Mile Rd Oak Park, MI.
- What is the asking price?
- The asking price for this property is $330,000.
- What are key features of this property?
- This property features: 8.5% Cap Rate, Single-Tenant Investment.; Long-term tenant (7-year history) with a new 5-year lease commencing November 1, 2022.; High-traffic location with prime frontage on Eight Mile Road.
- How can I contact the broker?
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