Medical Office
For Sale
$2,100,000
1150 Corporate Office Dr, Milford, MI 48381
Well-maintained medical/office condominium with updated roof and parking lot, 92% occupied, and an existing 5-year lease.
Property Size16,662 SF
Price / SF$126.04
Days on Market815
Property Features for 1150 Corporate Office Dr
General Information
Standard status
Active
Size
16,662 SF
Class
C
Property subtype
Office
Zoning
C-1
Occupancy
92%
Building Details
Building Size
16,662 SF
Year Built
1998
Buildings
1
Stories
1
Listing Agency:
Thomas A. Duke Company
Listed By:
Mark W. Szerlag · License #6502342846
(248) 476-3700
Source:
Cpix.resimplifi
Added: Jun 17, 2024
Changed: Aug 17
Last Checked: Aug 14 at 8:03AM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
This medical/office condominium features a meticulously maintained building and premises, offered for sale with strong occupancy in place. The property is reported as 92% occupied and includes recent improvements, including a new roof and new parking lot. An existing 5-year lease is noted with Huron Valley State Bank.
The building is described as being close to downtown Milford and located between I-96 and the Village of Milford. Access and positioning are intended to serve office users drawn to the Milford area.
For investors or owner-occupants seeking a maintained medical/office condominium with current leasing, the reported occupancy and updated exterior/parking components make this offering straightforward to evaluate based on the provided lease information.
The building is described as being close to downtown Milford and located between I-96 and the Village of Milford. Access and positioning are intended to serve office users drawn to the Milford area.
For investors or owner-occupants seeking a maintained medical/office condominium with current leasing, the reported occupancy and updated exterior/parking components make this offering straightforward to evaluate based on the provided lease information.
Key Highlights
- Well‑maintained medical/office condominium built in 1998
- 92% occupied
- New roof and new parking lot
Property Analytics
Property Profile
Current Use
Lease Details
92%
Occupancy
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Well-maintained medical/office condominium with updated roof and parking lot, 92% occupied, and an existing 5-year lease.
Where is this medical office space located?
The property is located at 1150 Corporate Office Dr Milford, MI.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Well‑maintained medical/office condominium built in 1998; 92% occupied; New roof and new parking lot
