Tenant-Occupied Office
For Sale
Contact for pricing
25140 E Lahser Road C212, Southfield, MI 48033
Professional suite within an established office condominium complex with access to Lahser Road, Telegraph, Northwestern Highway, and I-696.
Property Size298 SF
Price / SF$50.34
Days on Market18
Property Features for 25140 E Lahser Road C212
General Information
Standard status
Active
Size
298 SF
Financials
Gross Income
$5,400
HOA Fee
$103
Additional Details
Highway Access
Yes
Building Details
Year Built
1977
Owner Occupied
No
Listing Agency:
Front Page Properties
Listed By:
Ebony Cochran · License #456182
(313) 435-8550
Source:
Premiermichiganhomesearch
Added: Sep 19
Changed: Sep 27
Last Checked: Oct 5 at 10:09PM
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 Front Page Properties
Investment Insights
Based on property information with market context.
Suite C-212 is a tenant-occupied office condominium unit offering approximately 298 square feet of professional workspace within the Matterhorn Office Condominium complex. The suite was built in 1977 and is located at 25140 E Lahser Road in Southfield.
The property provides access to Lahser Road, 10 Mile Road, Telegraph, Northwestern Highway, and I-696. The tenant pays the DTE bill, while the condominium association handles certain common-area services, including trash, landscaping, and snow removal. Suite C-212 may also be acquired with a seven-unit office condominium portfolio, subject to the seller’s consideration of individual or package offers.
The property provides access to Lahser Road, 10 Mile Road, Telegraph, Northwestern Highway, and I-696. The tenant pays the DTE bill, while the condominium association handles certain common-area services, including trash, landscaping, and snow removal. Suite C-212 may also be acquired with a seven-unit office condominium portfolio, subject to the seller’s consideration of individual or package offers.
Key Highlights
- Approximately 298 sq ft office condominium unit
- Suite C‑212 within the Matterhorn Office Condominium complex
- Currently tenant‑occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,026
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,520
$20.5K
Cap Rate 7%
$14,657
$14.7K
Cap Rate 9%
$11,400
$11.4K
Market Conditions
NOI Build-Up for 298 SF
Gross rent
$1.8K $6.00/SF
− Vacancy
−$420 −$1.41/SF
EGI
$1.4K $4.59/SF
− OpEx
−$342 −$1.15/SF
NOI
$1.0K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,520
Cap Rate 7%
$14,657
Cap Rate 9%
$11,400
Alternative Uses
Best Use
Office B
$14.7K
$12.8K – $17.1K
NOI $1,026 @ 7.0% cap · market cap 6.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$64.3K
$56.2K – $75.0K
NOI $4,499 @ 7.0% cap · market cap 29.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 48033, MI
17,207
Population
9,198
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
1,891
Density / Sq Mi
$55,599
Median Household Income
$45,192
Median Earnings
$1,242
Median Rent
$195,100
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Professional suite within an established office condominium complex with access to Lahser Road, Telegraph, Northwestern Highway, and I-696.
Where is this office units located?
The property is located at 25140 E Lahser Road C212 Southfield, MI.
What are key features of this property?
This property features: Approximately 298 sq ft office condominium unit; Suite C‑212 within the Matterhorn Office Condominium complex; Currently tenant‑occupied
