Listed by Friedman Real Estate
$1,700,000
20411 W 12 Mile Road
Details
APN 24-15-226-034
Property Type Office
Sub Type Executive Office, Medical Office
Square Footage 16,240
NOI $167,000
Tenancy Multi
Year Built 1971
Year Renovated 2021
Stories 2
Acreage 1.190
Zoning OS
Parking Spaces 106 spaces
Parking per 1,000 SqFt 6.53
20411 W 12 Mile Road, Southfield, MI 48076-5008
Investment highlights
- 16,240 SF 2-story best in class multi-tenant office building
- Recently updated common areas with modern finishes and materials
- Stable occupancy - 100% occupied including quality service, general office and medical tenants
- Tenant suites updated including flooring and lighting
- Newer capital improvements include new roof and soffit (2024), HVAC (2023-2025), parking lot (2025), exterior painting (2022)
- $184,000 NOI projected in 2026
- Full basement partially finished available for lease for additional upside
- Over parked surface parking lot with 6.3/1,000 SF parking spaces available
- Central Southfield located on the south side of 12 mile road ½ mile west of Evergreen Road
Listing Contacts
Listed by Friedman Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$167,000.00
$13,916.67/mo
Valuation Metrics
0
DSCR
9.82%
Cap Rate
9.82%
ROI
Map
Zoning
OS CommercialOfficeOffice Service
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View all 31 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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