Medical Office Suites for
For Lease
$20 SF/Yr
29877 Telegraph, Southfield, MI 48034
Two medical office suites are available for lease within a building that includes a pharmacy.
Space SizeContact for details
Property Size13,301 SF
Days on Market724
Property Features for 29877 Telegraph
General Information
Standard status
Active
Size
13,301 SF
Class
A
Property subtype
Office
Zoning
B-3
Site & Location
Traffic Count
80,000 vehicles/day
Highway Access
Yes
Building Details
Building Size
13,301 SF
Year Renovated
2019
Buildings
1
Stories
4
Listing Agency:
Dominion Real Estate Advisors
Listed By:
James Mitchell
(248) 399-9999
Source:
Cpix.resimplifi
Added: Sep 15, 2024
Changed: Aug 8
Last Checked: Sep 7 at 4:35AM
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 Dominion Real Estate Advisors
Investment Insights
Based on property information with market context.
Two medical office suites are available for lease within the building. A pharmacy is located within the property, and multiple medical professionals operate in a variety of specialties.
The building provides visibility from Telegraph Road, listed at approximately 80,000 vehicles per day, and is described as being near Providence and Beaumont hospitals. Access is noted close to I-696, M-10, and I-75 expressways.
The property is identified as having forthcoming complex improvements. The asking rate is $20.00 per square foot plus electric, with free rent available in lieu of a tenant improvement allowance.
The building provides visibility from Telegraph Road, listed at approximately 80,000 vehicles per day, and is described as being near Providence and Beaumont hospitals. Access is noted close to I-696, M-10, and I-75 expressways.
The property is identified as having forthcoming complex improvements. The asking rate is $20.00 per square foot plus electric, with free rent available in lieu of a tenant improvement allowance.
Key Highlights
- Two medical office suites available for lease within a building that includes a pharmacy
- Asking rate: $20.00 PSF plus electric; free rent available in lieu of TI allowance
- Located near Providence and Beaumont hospitals
Property Analytics
Current Use
Lease Details
80,000 VPD
Traffic count
Yes
Highway access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,680
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48034, MI
14,480
Population
8,634
Households
1.7
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
4.3 sq mi
ZIP Area
3,367
Density / Sq Mi
$59,634
Median Household Income
$40,068
Median Earnings
$1,275
Median Rent
$259,400
Median Home Value
Market
Lease Benchmarks for Southfield, MI
$16.06 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
24,724 SF
Avg Space Size
This space is priced 25% above the average of $16.06 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Similar Off Market Nearby
- Banfield Pet Hospital — 28556 Telegraph Rd, Southfield, MI 48034
- Banfield Pet Hospital — 30000 Telegraph Rd, Southfield, MI 48034
Frequently Asked Questions
What type of property is this?
Medical Office Space - Two medical office suites are available for lease within a building that includes a pharmacy.
Where is this medical office space located?
The property is located at 29877 Telegraph Southfield, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Two medical office suites available for lease within a building that includes a pharmacy; Asking rate: $20.00 PSF plus electric; free rent available in lieu of TI allowance; Located near Providence and Beaumont hospitals
