Medical Condominium Office Suites

43114 Dequindre Rd Sterling Heights, MI 48314

Claim this Listing
New
For Sale
$2,750,000

Three medical suites totaling about 12,000 SF include turnkey space, a physical therapy suite with hydrotherapy pool, and an occupied dental suite.

Type:Office
Property size:
12,000 SF
Price / SF:
$229/SF
Added:
Jul 9, 2026
Days on Market:
3
Last Refresh:
Jul 11 at 2:44 am

Property Features for 43114 Dequindre Rd

General Information

Standard status
Active
Size
12,000 SF
Property subtype
Office

Listing office L. Mason Capitani, Inc.

Listing date Jul 9, 2026

Source Cpix.resimplifi

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 L. Mason Capitani, Inc.


Investment Insights

Based on property information with market context.

This premier medical condominium complex consists of three suites totaling approximately 12,000 square feet. The offering includes a 6,800-square-foot turnkey medical office that can be divided into suites of approximately ±1,500 square feet, a 2,800-square-foot physical therapy suite featuring a hydrotherapy pool, and a 2,400-square-foot dental suite that is currently occupied by a long-term tenant.

The property is positioned along a dedicated medical corridor, just seconds from Corewell Health–Beaumont Troy Hospital and directly across from Corewell Health Urgent Care. Ample on-site parking supports patient and staff access for each suite.

Flexible ownership options include the potential to purchase individual suites.

Key Highlights

  • Medical condo complex with three suites totaling about 12,000 SF
  • 6,800 SF turnkey medical office divisible to suites from ±1,500 SF
  • 2,800 SF physical therapy suite includes a hydrotherapy pool

Local Financial Insights For Healthcare Medical

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 $273.6k $22.80
− Vacancy −$21.9k −$1.82
EGI $251.7k $20.98
− OpEx −$100.7k −$8.39
NOI $151.0k $12.59
12,000 SF · lease $22.80/SF/yr · vacancy 8.00% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$2.16M
$1.89M – $2.52M (±1% cap)
NOI $151,027 @ 7.0% cap · market cap 5.49%
Second Best
Office B
$1.98M
$1.73M – $2.31M (±1% cap)
NOI $138,601 @ 7.0% cap · market cap 5.04%
Theoretical Best
Office A
$2.65M
$2.32M – $3.09M (±1% cap)
NOI $185,307 @ 7.0% cap · market cap 6.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Restaurant Law Firm Auto Repair Shop Big Box & Wholesale Store Auto Parts Store Nail Salon Spa & Massage Center Hair Salon HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Medical Office Space - Three medical suites totaling about 12,000 SF include turnkey space, a physical therapy suite with hydrotherapy pool, and an occupied dental suite.
Where is this medical office space located?
The property is located at 43114 Dequindre Rd Sterling Heights, MI.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Medical condo complex with three suites totaling about 12,000 SF; 6,800 SF turnkey medical office divisible to suites from ±1,500 SF; 2,800 SF physical therapy suite includes a hydrotherapy pool
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