26095 W 6 MILE RD 1-6, Redford, MI 48240
Freestanding six-unit office building with ample front-and-back parking and updated major systems.
- Added:
- Jun 18, 2024
- Days on Market:
- 733
- Last Refresh:
- Jun 20 at 9:17 am
Property Features for 26095 W 6 MILE RD 1-6
General Information
- Standard status
- Active
- Size
- 6,225 SF
- Property subtype
- Office
Building Details
- Year Built
- 1968
Listing agent Dawn Sullivan License #441597
Listing office Real Estate One
Listing date Jun 18, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Real Estate One
HighLights
- Freestanding 6‑unit commercial building with 6,225 SF; 5 units are leased with long‑term tenants
- Parking available in both the front and back of the building
- 4 HVAC units replaced in 2012
- Roof replaced in 2017, taken down to the metal decking
- Signage available on the front of the building
- Zoned C‑1
Overview
On-site parking is available at the front and back of the building, providing multiple parking options for tenants and visitors. The property is zoned C-1.
For investors or owner-operators seeking a small multi-tenant office asset, this building combines an existing leased component with a unit in remodel for the incoming tenant. With parking on both ends and updates to HVAC and the roof, it presents a practical platform for a tenant mix within a C-1 zoning environment.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.1k | $17.52 |
| − Vacancy | −$25.0k | −$4.01 |
| EGI | $84.1k | $13.51 |
| − OpEx | −$21.0k | −$3.38 |
| NOI | $63.1k | $10.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Redford
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2997279
- Latitude
- 42.4135583