20180 12 Mile Rd Southfield, MI 48076

This exceptional 9,052-square-foot medical office building, located at 20180 W Twelve Mile Road in Southfield, Michigan, presents a compelling investment opportunity. Built in 1973 and extensively renovated in 2013, the property boasts a strong net operating income (NOI) of $155,000. The building is situated on a 0.97-acre lot and features ample parking, providing a 7:1,000 sq ft ratio. The property is currently leased under a triple-net (NNN) lease to multiple tenants. The asking price is $2,000,000, translating to a price per square foot of $220.94. Its prime location offers convenient access to I-696 and Evergreen Road, ensuring high visibility and accessibility for patients and staff. The building benefits from prominent exterior monument signage on Twelve Mile Road. Its proximity to Corewell Health Royal Oak and local retail amenities further enhances its appeal. This well-maintained property represents a stable and attractive investment in a thriving medical market. The property's 9,052 square feet of net rentable space makes it an ideal investment for those seeking a strong return in the Southfield, Oakland County area (zip code 48076).