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Office and Medical Condominium
For Lease
$14.50 SF/Yr

1150 Corporate Office Drive, Milford, MI 48381

Meticulously maintained office/medical condominium with a new roof and parking lot, available for immediate occupancy.

Space Size890 SF
Property Size16,662 SF
Days on Market171

Property Features for 1150 Corporate Office Drive

General Information

Standard status Active
Size 890 SF
Class B
Property subtype Office
Lease Term NNN

Additional Details

Highway Access Yes

Building Details

Building Size 16,662 SF

Spaces For Lease

at 1150 Corporate Office Drive
1150 Corporate Office Drive $14.50/SF/Yr
Size 890 SF
Type Office Condo
Term Negotiable
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Listed By: Jack Elowsky
Source: Thomasduke
Added: May 7 Changed: Oct 6 Last Checked: Oct 23 at 4:31AM

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 Jack Elowsky

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Investment Insights

Based on property information with market context.

This office and medical condominium offers well-maintained space suitable for professional use. The building and premises are described as meticulously maintained, and the property features a new roof and an updated parking lot. Immediate occupancy is available.

The property is located near downtown Milford, positioned between I-96 and the Village of Milford, providing convenient access to the area.

Offered for rent as an office/medical condominium, the asset is presented as a turn-key option for tenants seeking a maintained property with parking in place.

Key Highlights

  • Office/medical condominium built in 1998
  • New roof
  • New parking lot

Property Analytics

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Current Use

Civil Engineering Solutions, ... General Contractor United Insurance Group ... Insurance Agency FreeMedSuppQuotes Insurance Agency

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

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
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Market

Lease Benchmarks for Milford, MI

$14.17 /SF/Yr
Avg Asking Price
$12–$18.08 /SF/Yr
Price Range
13,028 SF
Avg Space Size

This space is priced 2% above the average of $14.17 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - Meticulously maintained office/medical condominium with a new roof and parking lot, available for immediate occupancy.
Where is this office unit located?
The property is located at 1150 Corporate Office Drive Milford, MI.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Office/medical condominium built in 1998; New roof; New parking lot
More about this property
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