11174 Highland RdHartland, MI 48353

Property Details for 11174 Highland Rd

Year built

1901

Lot size

0.46 AC

Property size (Sq ft)

1,901 SF

Zone code

OS

Property type

Commercial real estate

APN

08-22-305-004

APU

822305004

Description

This exceptional investment opportunity presents three medical office condominium units totaling 8,693 square feet within a thriving Hartland, MI medical complex. The property, located at 11174 HIGHLAND, sits on a 0.46-acre lot and boasts strong, long-term triple-net leases with established, reputable tenants. Detroit Medical Center occupies 4,313 square feet under a lease agreement, while Mercy Plus Health Care leases a combined 4,380 square feet across two units. The fourth unit, occupied by Advance Physical Therapy, complements the existing tenants and contributes to the overall synergy of the complex. This offering includes three out of the four condominium units within the building, providing a significant and stable income stream with minimal management requirements. The property is strategically located in a three-building medical complex off M-59, less than one mile east of US-23, benefiting from the rapid commercial development along the M-59/US-23 corridor. This prime location ensures continued growth and high demand within a thriving community. Financial and lease details are available upon execution of a simple confidentiality agreement. The asking price for this exceptional investment is $1,750,000. This is a secure investment opportunity with excellent financial performance and minimal management overhead. The 11,000 square foot building offers a strong return on investment in a high-growth area.

• Alternative Use

  Use

  Valuation

  Residential

  $372,490

  Hospitality

  $341,199

  Educational

  $283,874

  Medical

  $293,636

  Retail

  $441,581

Location Insight

City

Hartland

County

Livingston

State

Michigan

Latitude

42.6334

Longitude

-83.7361

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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