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Office Building with Existing Leases

158 Cesar E Chavez Ave, Pontiac, MI 48342

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Two office tenants remain in place through 2028–2029, offering continuity for an owner-occupant or investor.

Type:Office

Property size:

205,813 SF

HighLights

Two office tenants remain in place through 2028–2029: OLHSA lease through Mar. 31, 2028 and PAE lease through Jun. 30, 2029
Buyer may assume CMBS debt: $99,492.69 monthly payment at 5.65% interest, with maturity in August 2028
Current loan balance is $10,455,070 as of Dec. 31, 2024

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Listing Contact

Daniel Canvasser

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For Sale

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Two office tenants remain in place through 2028–2029, offering continuity for an owner-occupant or investor.

Type:Office

Property size:

205,813 SF

Added:: Jun 8, 2026
Days on Market:: 4
Last Refresh:: Jun 11 at 2:46 am

Property Features for 158 Cesar E Chavez Ave

General Information

Standard status: Active
Size: 205,813 SF
Property subtype: Office

We can help!

Listing Contact

Daniel Canvasser

Listing agent Daniel Canvasser

Listing office Newmark Knight Frank Detroit

Listing date Jun 8, 2026

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All listing content including descriptions, pricing, images are the copyrighted material of Newmark Knight Frank Detroit

HighLights

Two office tenants remain in place through 2028–2029: OLHSA lease through Mar. 31, 2028 and PAE lease through Jun. 30, 2029
Buyer may assume CMBS debt: $99,492.69 monthly payment at 5.65% interest, with maturity in August 2028
Current loan balance is $10,455,070 as of Dec. 31, 2024

Overview

This office building totals approximately 205,813 and is being offered for sale with two in-place leases providing near-term certainty for a new owner. The OLHSA lease expires March 31, 2028, and the PAE lease expires June 30, 2029. The offering also includes the option for the buyer to assume existing CMBS debt from the seller, with a stated monthly payment of $99,492.69, an interest rate of 5.65%, and a loan maturity of August 2028. The current loan balance is reported as $10,455,070 as of December 31, 2024.

The property is located at 158 Cesar E Chavez Ave in Pontiac, Michigan. The remarks describe Pontiac as being approximately 20 miles north of Detroit in Oakland County, and highlight ongoing downtown enhancement efforts.

For tenants, buyers, and operators, the current leasing structure can support continuity while ownership evaluates updates. For buyers considering a longer hold or change in strategy, the asset may serve as a platform for capital improvements and repositioning, aligned with the redevelopment themes described for Pontiac.

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Office buildings

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Local Demand

City: Pontiac
County: Oakland
State: Michigan
Longitude: -83.297358
Latitude: 42.643845

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For sale
Office buildings
MI
Pontiac
48342
158 Cesar E Chavez Ave

What type of property is this?

Office building - Two office tenants remain in place through 2028–2029, offering continuity for an owner-occupant or investor.

Where is this office building located?

The property is located at 158 Cesar E Chavez Ave Pontiac, MI.

What are key features of this property?

This property features: Two office tenants remain in place through 2028–2029: OLHSA lease through Mar. 31, 2028 and PAE lease through Jun. 30, 2029; Buyer may assume CMBS debt: $99,492.69 monthly payment at 5.65% interest, with maturity in August 2028; Current loan balance is $10,455,070 as of Dec. 31, 2024

158 Cesar E Chavez Ave, Pontiac, MI 48342

Two office tenants remain in place through 2028–2029, offering continuity for an owner-occupant or investor.

Property Features for 158 Cesar E Chavez Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Spacious Multifamily Investment Opportunity

Commercial C-3 Corridor Site

Turn-Key Multifamily Investment Opportunity

Turn-Key Pontiac Apartment Complex

Pontiac Vacant Commercial Building

Pontiac Multifamily Investment Opportunity

Pontiac Industrial Building with Apartment

Pontiac Multifamily Investment Opportunity

Waterford Commercial Building on Voorheis

M1 Concourse Private Garage

M1 Concourse Combined Units

Pontiac Commercial Property with Development Potential

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