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Medical Office Suite
For Sale
$1,075,000

1050 Corporate Office Drive, Milford, MI 48381

Clinical rooms include dedicated spaces for examinations, procedures, laboratory work, and X-rays.

Property SizeContact for details
Days on Market8

Property Features for 1050 Corporate Office Drive

General Information

Standard status Active
Class Class A

Additional Details

Cap Rate 7.4%
Highway Access Yes

Amenities

exam rooms
procedure room
lab
X-ray room
offices
lobby/waiting area
kitchenette
restrooms

Building Details

Year Built 1998
Year Renovated 2023
Buildings 1
Construction brick
Tenancy Single
Listing Agency: Remerica United Realty-Brighton
Listed By: Daniel T Novak · License #6501302967
Source: Brendaharrisgroup
Added: Sep 28 Last Checked: Oct 5 at 6:08PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Remerica United Realty-Brighton

Investment Insights

Based on property information with market context.

This medical office suite in Milford Corporate Office Park has seven exam rooms, one procedure room, one lab, and one X-ray room. The layout also includes two offices, a lobby and waiting area, a kitchenette, and separate men’s and women’s restrooms. The all-brick building was constructed in 1998 and received a full remodel in 2023; the roof was replaced in 2025.

The property is between I-96 and Downtown Milford. A tenant with a 20-year history occupies the suite under a lease with 1.5 years remaining. Renewal cycles are typically structured in five-year terms, and the stated cap rate is 7.4%.

Key Highlights

  • Medical suite with 7 exam rooms, 1 procedure room, 1 lab, and 1 X‑ray room
  • Includes 2 offices, lobby/waiting area, and kitchenette
  • Separate men’s and women’s restrooms

Property Analytics

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Current Use

Auto Key Milford Auto Repair Shop Building Communications Inc Construction Company

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant HVAC Service Hair Salon Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48381, MI

13,794
Population
5,588
Households
2.5
Avg Household Size
45
Median Age
45%
College-Educated
96%
High-School Grad
19.5 sq mi
ZIP Area
707
Density / Sq Mi
$103,156
Median Household Income
$61,929
Median Earnings
$1,146
Median Rent
$386,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Clinical rooms include dedicated spaces for examinations, procedures, laboratory work, and X-rays.
Where is this medical office space located?
The property is located at 1050 Corporate Office Drive Milford, MI.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Medical suite with 7 exam rooms, 1 procedure room, 1 lab, and 1 X‑ray room; Includes 2 offices, lobby/waiting area, and kitchenette; Separate men’s and women’s restrooms
More about this property
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