

Listed by KW Commercial Warren/Sterling Heights
$1,250,000
ORCHARD LAKE OFICE / RETAIL CENTER
Details
APN 2302304032
Property Type Office, Land
Sub Type Medical Office, Executive Office
Square Footage 7,000
Net Rentable (SqFt) 15
Units 3
Cap Rate 5.79%
NOI $72,400
Tenancy Multi
Lease Term 2.2
Lease Expiration 02/24/2027
Remaining Term 0.6
Price per SqFt $179
Class B
Year Built 1972
Year Renovated 2022
Stories 1
Acreage 0.500
Zoning Retail,Office
Lease Commencement 12/06/2024
Occupancy Date 02/27/2026
Ownership Private
Office | 5.79% CAP | 7,000 SqFt
Marketing description
I am excited to share a premier investment opportunity regarding a newly listed three-unit office building located on busy Orchard Lake Road in Farmington Hills, with convenient access to West Bloomfield. This property is a turnkey operation, perfectly suited for an owner-user or an investor seeking immediate cash flow.
The building features a newly renovated medical space, currently configured as an urgent care facility. This unit includes ADA-compliant bathrooms, X-ray rooms, multiple exam rooms, a dedicated nurses' intake and billing area, and an executive office featuring a private bathroom with a shower. The property also boasts a digital changeable sign for maximum visibility.
The remaining two units (Suits B and C) are currently occupied, generating a combined monthly rental income of $3,750. One of these units is currently operating as an executive spa.
Please let me know if you would like to schedule a viewing or if you require any additional financial details regarding this listing.
Listing Contacts


Listed by KW Commercial Warren/Sterling Heights
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$72,400.00
$6,033.33/mo
Valuation Metrics
0
DSCR
5.79%
Cap Rate
5.79%
ROI
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