Listed by Landmark Commercial Real Estate Services
Unpriced
T12 Medical Office Building
Details
Property Type Office
Sub Type Medical Office
Square Footage 152,085
Occupancy 86.54%
Tenancy Multi
Lease Type NNN
Class A
Year Built 1973
Year Renovated 2017
Acreage 7.800
NOI: $1,636,641 | Southfield Wellness Building
Marketing description
Landmark Investment Sales is pleased to present T12 Medical Office Building in Southfield, Michigan. At 92% occupied, the medical office building presents a stable investment opportunity while also allowing a buyer the ability to increase rents over time. The subject property wraps the highly trafficked Telegraph and 12 Mile intersection of Southfield which benefits from the easy access to three major freeway systems. This asset represents a rare combination of location, infrastructure, and tenancy stability in a healthcare-centric corridor of Southfield.
Investment highlights
Strategic Location at Telegraph & 12 Mile Rd, Southfield MI
Stable Long-Term Tenancy & Credit
Mission-Critical Infrastructure & Parking
Future Upside Potential
Listing Contacts
Listed by Landmark Commercial Real Estate Services
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Zoning
ERO-M CommercialOfficeEducation Research Office Limited
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