30755 Montpelier Dr Madison Heights, MI 48071

This exceptional 26,595 square foot Class C executive office building, located at 30755 Montpelier in Madison Heights, Michigan (48071), presents a compelling investment opportunity. Built in 1990, the single-story structure sits on a 3.44-acre lot and boasts ample parking with 200 spaces. Currently tenanted by the Michigan Department of Health & Human Services under a lease with 10 years remaining, this property offers significant stability and predictable income. The projected Net Operating Income (NOI) for 2022 is $304,775. A notable feature is a built-in rent increase of twelve percent (12%) scheduled for 2027, ensuring future growth potential. The property is zoned O-1 Office Service and benefits from a convenient location off I-75, providing excellent accessibility. The building is in excellent condition, requiring zero deferred maintenance, minimizing immediate capital expenditures. The asking price is $4,350,000. This is a rare opportunity to acquire a well-maintained, high-performing office building with a strong tenant and long-term lease in a desirable location. The APN is 25-11-201-037.