Listing Agency: Coldwell Banker Woodland Schmidt h***@cbgreatlakes.com Show Phone

Listed By: H. Bernie Merkle · License #6506041602 Show Phone

Source: Exprealty

Added: Nov 4, 2024 Changed: Oct 26 Last Checked: Oct 24 at 5:57PM

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Investment Insights

Based on property information with market context.

Prime office space available in the City of the Village of Douglas. The suite offers approximately 2,200+ square feet and includes up to six private offices or treatment rooms, reception space, a break room, storage area or lab space, and a private staff bathroom, along with one additional restroom.

The location is convenient on a corner lot along Blue Star Highway and Wiley Road, with ample parking space for staff and visitors.

The interior layout supports both appointment-based work and back-of-house needs, with dedicated reception space, multiple private rooms, and dedicated areas for storage or lab use.

Key Highlights

• 2200+ SF office suite in the City of the Village of Douglas
• Up to 6 private offices or treatment rooms plus reception space
• Includes break room, storage area/lab space, and private staff bathroom

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Dental Office Big Box & Wholesale Store Storage Facility Kitchen & Bath Showroom

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

NNN (Triple Net)

Lease Type

$2.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

263

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Douglas, MI

$13.13 /SF/Yr

Avg Asking Price

$13–$13.32 /SF/Yr

Price Range

18,977 SF

Avg Space Size

This space is priced 1% above the average of $13.13 /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 - Office suite offers up to six private offices or treatment rooms, reception area, and staff and additional restrooms.

Where is this office unit located?

The property is located at 2-415 Wiley Rd Douglas, MI.

What is the lease rate?

The lease rate is $13.32 SF/Yr.

What are key features of this property?

This property features: 2200+ SF office suite in the City of the Village of Douglas; Up to 6 private offices or treatment rooms plus reception space; Includes break room, storage area/lab space, and private staff bathroom