Neurological Building Near I-94
For Sale
Contact for pricing
34025 Harper, Clinton Township, MI 48035
Full-service medical building with suites available, near I-94.
Property Size22,300 SF
Price / SF$0.00
Days on Market272
Property Features for 34025 Harper
General Information
Standard status
Active
Size
22,300 SF
Class
B
Property subtype
Office
Lease Term
Gross
Building Details
Building Size
22,300 SF
Year Built
1991
Properties For Sale
at 34025 Harper Contact usMedical
Size
2,300 SF
Term
Negotiable
Pharmacy
Size
700 SF
Type
Medical
Term
Negotiable
Physical Therapy
Size
2,000 SF
Type
Medical
Term
Negotiable
Listed By:
Al Iafrate, SIOR
(313) 590-7021
Source:
Corfac
Added: Jan 26
Changed: Oct 11
Last Checked: Oct 24 at 3:00PM
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 Al Iafrate, SIOR
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Investment Insights
Based on property information with market context.
This full-service neurological building offers spaces suitable for medical and healthcare purposes. Located with excellent access to I-94, at the intersection of Harper Avenue and Quinn Road, the property features a total size of 22,300 square feet. Available suites include a 700-square-foot pharmacy suite, a 2,000-square-foot physical therapy suite, and a 2,300-square-foot medical suite. Up to 5,000 square feet is available for lease.
Key Highlights
- Full‑service neurological building with integrated pharmacy, physical therapy, and medical suites.
- Excellent access to I‑94 highway.
- Up to 5,000 square feet of space available.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,768
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,535,360
$1.5M
Cap Rate 7%
$1,096,686
$1.1M
Cap Rate 9%
$852,978
$853.0K
Market Conditions
NOI Build-Up for 22,300 SF
Gross rent
$133.8K $6.00/SF
− Vacancy
−$31.4K −$1.41/SF
EGI
$102.4K $4.59/SF
− OpEx
−$25.6K −$1.15/SF
NOI
$76.8K $3.44/SF
Area
Macomb 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%
$1,535,360
Cap Rate 7%
$1,096,686
Cap Rate 9%
$852,978
Alternative Uses
Best Use
Healthcare Medical
$3.34M
$2.92M – $3.90M
NOI $233,795 @ 7.0% cap · market cap 1,263,756.76%
Second Best
Office B
$1.10M
$959.6K – $1.28M
NOI $76,768 @ 7.0% cap · market cap 414,962.16%
Theoretical Best
Specialty Retail
$4.17M
$3.65M – $4.87M
NOI $292,244 @ 7.0% cap · market cap 1,579,697.30%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 48035, MI
34,018
Population
15,615
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
3,866
Density / Sq Mi
$69,245
Median Household Income
$41,167
Median Earnings
$1,111
Median Rent
$181,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Nash Veterinary Hospital — 33303 Harper Ave, St Clair Shores, MI 48082
- Patterson Veterinary Hospital — 35115 Harper Ave, Clinton Twp, MI 48035
Frequently Asked Questions
What type of property is this?
Medical Office Space - Full-service medical building with suites available, near I-94.
Where is this medical office space located?
The property is located at 34025 Harper Clinton Township, MI.
What are key features of this property?
This property features: Full‑service neurological building with integrated pharmacy, physical therapy, and medical suites.; Excellent access to I‑94 highway.; Up to 5,000 square feet of space available.
