For Sale
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32910 13 Mile RdFarmington Hills, MI 48334

20,200 SF Multi-Tenant Medical Building, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 20,200 square foot multi-tenant medical office complex located at 32910 W 13 Mile Rd, Farmington Hills, MI 48334, within Oakland County. The property, built in 1973, boasts 100% occupancy, generating strong net operating income. The building is classified as Office, with a subtype of Medical Office and Dental, catering to a diverse range of healthcare professionals. Its prime location offers convenient access to major regional freeways, ensuring high visibility and accessibility for patients and staff. Currently, lease rates are below market value, presenting significant upside potential for future income growth. The property's strong tenant base and stable income stream make it an attractive investment for those seeking a reliable and appreciating asset in a thriving medical market. Further details regarding pricing are available upon request. This is a fully occupied, multi-tenant medical building offering a solid return on investment with potential for future appreciation. The property's location in Farmington Hills, Michigan provides excellent access to a large and growing patient base.

Highlights

  • 20,200 SF multi-tenant office/medical building.
  • 100% occupied.
  • Strong net operating income (NOI).
  • Excellent freeway access.
  • Below-market lease rates offer significant upside potential.
  • Price available upon request.

Property Details for 32910 13 Mile Rd

Property type
Office properties, Medical offices
Square Feet
20,200 SF
Year Built
1973

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.5136476
Longitude
-83.3769626
32910 13 Mile Rd, Farmington Hills, Michigan

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32910 13 Mile Rd
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