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34071839
34071715

3462 Greenfield Road, Berkley, MI 48072

PRIME Property Management
Listed by PRIME Property Management
$1,555,000
0 days on market
Updated 0 days ago

North Green Professional Office Medical Center

Details
APN 042507355043
Property Type Office, Special Purpose
Sub Type Executive Office, Medical Office
Square Footage 4,600
Net Rentable (SqFt) 4,600
Units 6
Cap Rate 8.49%
NOI $132,000
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Term 3
Lease Expiration 07/01/2029
Rent Bumps Yes
Lease Options yes
Pro-Forma Cap Rate 6.57%
Pro-Forma NOI $102,240
Price per SqFt $338
Class A
Year Built 2025
Buildings 1
Stories 1
Acreage 0.500
Zoning Greenfield District Professional or Medical Office
Parking Spaces 17 spaces
Parking Per SqFt 3.70
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 07/01/2026
Ceiling Height 14
Ownership North Green Trust
Sale Condition N/A

Prime Opportunity New Construction Fully Leased Medical Office Center

Marketing description

High Traffic and Visibility Corner. Great signage. 100% Leased.

Investment highlights

(6) New Construction 4600 Sq. ft. Small Professional Office / Medical suites. Fully Leased $25 to $30 per sq. ft Modified Gross

Listing Contacts

PRIME Property Management
Listed by PRIME Property Management

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$132,000.00
$11,000.00/mo

Valuation Metrics

0
DSCR
8.49%
Cap Rate
8.49%
ROI

Map

Zoning

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RC ResidentialMulti FamilyResidential Corridor
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Last updated Mar 9, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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