15800 Haggerty RdTownship of Northville, MI 48170

Property Details for 15800 Haggerty Rd

Year built

1998

Lot size

6.06 AC

Property size (Sq ft)

54,474 SF

Property type

Office properties

Description

This exceptional two-story, Class B executive office building, located at 15800 Haggerty Road in Plymouth, Michigan (Wayne County, zip code 48170), offers 54,474 square feet of space on a 6.06-acre lot. Built in 1998 and extensively renovated in 2016, the property boasts 205 parking spaces and is zoned OS - Office Service. Currently 50% occupied, it presents a significant opportunity for investors and owner-occupiers. A 10-year lease with 8 years remaining provides strong, stable income. The building enjoys excellent accessibility, with easy access to I-275, I-96, and M-14. As of September 1st, 2024, the gross income is $528,476.00, with 2022 total building expenses of $308,659.00, resulting in a net operating income (NOI) of $201,217.00. An additional 25,000+ square feet is available for lease, presenting further income potential. The asking price is $6,500,000, translating to $119.32 per square foot. The entire second floor is available for lease. This property is ideally suited for both user-occupiers and investors seeking a strong return on investment in a prime location.

Location Insight

City

Township of Northville

County

Wayne

State

Michigan

Latitude

42.4011

Longitude

-83.4355

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