For Sale
$2,800,000

35100 Michigan Ave Wayne, MI 48184

4-Building Office Portfolio, $2.8M

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional four-building office complex, totaling 23,264 square feet, is strategically located in downtown Wayne, Michigan, boasting high visibility frontage on East Michigan Avenue. The property, classified as Class B, presents a compelling owner-user or value-add investment opportunity. Currently at 40% occupancy, the complex offers significant upside potential with rent bumps in place. Individual suites range from approximately 1,900 to 6,049 square feet, providing flexibility for various tenants. The asking price is $2,800,000, translating to $120.36 per square foot. The property is offered as a net-lease (NNN) sale, and tenant credit is available for qualified occupants. This multi-tenant property features a desirable campus-like setting and is ideal for a business seeking to establish a strong presence in the Wayne market. The buildings are single-story structures. Up to 11,973 square feet of space is currently available for lease. This is a for-sale-by-owner opportunity.

Highlights

  • Up to 11,973 square feet of available office space.
  • 23,264 square foot, four-building office complex.
  • High-visibility location in Downtown Wayne, Michigan, with frontage on East Michigan Avenue.
  • Attractive campus-like setting; ideal owner-user or value-add investment opportunity.
  • Suite sizes range from 1,900 to 6,049 square feet.
  • $2,800,000 asking price ($120.36/SF); NNN sale.

Property Details for 35100 Michigan Ave

Property type
Office properties, Medical offices
Square Feet
23,264 SF
Class
B
Buildings
4
Stories
1

Location Insight

City
Wayne
County
Wayne
State
Michigan
Latitude
42.2805009
Longitude
-83.3845245

FAQs

What type of property is this?
Office property - 4-Building Office Portfolio, $2.8M
Where is the office property located?
The property is located at 35100 Michigan Ave Wayne, MI.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Up to 11,973 square feet of available office space.; 23,264 square foot, four-building office complex.; High-visibility location in Downtown Wayne, Michigan, with frontage on East Michigan Avenue.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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35100 Michigan Ave
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