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33871662
33871583

17515 W. Nine Mile Road, Southfield, MI 48075-4403

TD
MI 00000
Superior Commercial Real Estate
Listed by Superior Commercial Real Estate
$8,450,000
7 days on market
Updated 7 days ago
Opportunity zone

Nine Mile Crossing

Details
APN 76-24-36-104-001
Property Type Office
Sub Type Executive Office
Square Footage 148,536
Net Rentable (SqFt) 142,839
Cap Rate 10.02%
NOI $846,986
Occupancy 88.3%
Tenancy Multi
Lease Type Modified
Price per SqFt $57
Class B
Year Built 1969
Year Renovated 2024, 2025
Buildings 1
Stories 12
Acreage 5.700
Zoning Neighborhood Business - Northland DDA
Parking Spaces 3.87 per 1,000 sq ft
Investment Type Value Add

High-Rise Office | 10.02% CAP | 148,536 SqFt

Marketing description

Nine Mile Crossing, a 148,536 Gross SF (142,839 RSF) multi-tenant office building, is prominently located at 17515 W. Nine Mile Rd. in Southfield, MI, with excellent accessibility and visibility within Metro Detroit's most established office submarket. The property is currently 88.3% occupied, providing investors with durable, in-place cash flow supported by a diverse tenant roster spanning Tier 1 auto suppliers, healthcare, legal, professional services, and community organizations.

Nine Mile Crossing is being offered as a stabilized, cash-flowing asset at a substantial discount to replacement cost. The current rent roll demonstrates a broad tenant mix with no single tenant concentration, while existing contractual escalations provide built-in NOI growth. With a weighted average lease term of ~2.89 years, the property offers a balance of near-term rollover and long-term tenancy, allowing investors to benefit from both stability and mark-to-market opportunities.

Ownership has invested significant capital into tenant buildouts and common area improvements, ensuring the property is competitive within the Southfield submarket. Coupled with its strong occupancy and resilient tenant mix, Nine Mile Crossing represents an attractive opportunity for investors seeking stabilized income, future rent growth, and long-term appreciation in one of Metro Detroit's most resilient office corridors.

Investment highlights

  • 148,536 SF High-Rise Office Building
  • Direct Freeway Visibility & Access
  • Strong In-Place Cash Flow
  • Institutional-Quality Asset with Significant Recent Capital Improvements
  • Diverse Tenant Base | Largest Tenant Occupies Less Than 8% of Total NRA

Listing Contacts

TD
MI 00000
Superior Commercial Real Estate
Listed by Superior Commercial Real Estate

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$846,986.00
$70,582.17/mo

Valuation Metrics

0
DSCR
10.02%
Cap Rate
10.02%
ROI

Map

Zoning

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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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