1150 Corporate Office DrMilford Charter Township, MI 48381
- Office properties
- 16,662 SF
Property Details for 1150 Corporate Office Dr
- Lot size
- 10.03 AC
- Property size (Sq ft)
- 16,662 SF
- Property type
- Office properties
- Property subtype
- Medical offices
Description
This exceptional 16,662 square foot Class B medical office condominium building, located at 1150 Corporate Office Drive in Milford Charter Township, Oakland County, Michigan (48381), presents a compelling investment opportunity. The property boasts a strong 92% occupancy rate, generating a substantial net operating income (NOI) of $213,140.21. Priced at $2,100,000 ($126.04 per square foot), this meticulously maintained building sits on a 10.03-acre lot and includes 75 parking spaces. Recent improvements include a new roof and parking lot. The property benefits from a new five-year lease with Huron Valley State Bank, ensuring long-term stability. Its convenient location between I-96 and the Village of Milford provides excellent accessibility. The property is zoned CI - Local Business, and its APN is 16-22-102-065
Location Insight
- City
- Milford Charter Township
- County
- Oakland
- State
- Michigan
- Latitude
- 42.5589
- Longitude
- -83.6147
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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