Freestanding Medical Office
6150 CADIEUX RD Detroit, MI 48224
6150 CADIEUX RD, Detroit, MI, 48224
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For Sale
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Newly constructed freestanding medical office with fully built-out exam and procedure rooms plus ADA-compliant restrooms.
Property Size10,008 SF
Price / SF$197.34
Days on Market15
Property Features for 6150 CADIEUX RD
General Information
- Standard status
- Active
- Size
- 10,008 SF
- Property subtype
- Office
Building Details
- Year Built
- 1967
Listing agency
CRS, Commercial Real Estate Services
Listed by
Leo Gonzalez · License #MI 6502126741
Source
Crexi
Added: Jul 7 Updated: Jul 20 at 9:57PM Checked: Jul 21 at 6:40AM
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 CRS, Commercial Real Estate Services
Investment Insights
Based on property information with market context.
This newly constructed, freestanding medical office building is finished to modern clinical standards and offered for sale. The interior is fully built out for healthcare delivery, including exam rooms, procedure room(s), a nurse station, private offices, a waiting room, ADA-compliant restrooms, and staff break, storage, and laboratory/utility spaces. The property also features dedicated mechanical systems, a new roof, and upgraded electrical capacity to support clinical equipment.
Set on its own lot with an accessible entryway for patients, staff, and deliveries, the building includes ample on-site parking and a clear, street-facing presence.
With a purpose-built layout and updated building systems, the space is designed to support a range of outpatient medical uses, including primary care, specialty practice, urgent care, imaging center, outpatient surgery, or multi-tenant medical operations.
Set on its own lot with an accessible entryway for patients, staff, and deliveries, the building includes ample on-site parking and a clear, street-facing presence.
With a purpose-built layout and updated building systems, the space is designed to support a range of outpatient medical uses, including primary care, specialty practice, urgent care, imaging center, outpatient surgery, or multi-tenant medical operations.
Key Highlights
- Freestanding medical office building on its own lot, purpose‑built for healthcare delivery with clear branding and direct patient access
- Fully built‑out interior with exam rooms, procedure room(s), nurse station, private offices, waiting room, ADA‑compliant restrooms, staff break area, and storage/lab‑utility space
- All systems recently installed, including dedicated mechanical, roof, and electrical systems built to current codes for clinical use
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 | $245.0k | $24.48 |
| − Vacancy | −$33.1k | −$3.30 |
| EGI | $211.9k | $21.18 |
| − OpEx | −$53.0k | −$5.29 |
| NOI | $158.9k | $15.88 |
10,008 SF · lease $24.48/SF/yr · vacancy 13.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.27M
$1.99M – $2.65M
NOI $158,941 @ 7.0% cap · market cap 8.05%
Second Best
Healthcare Medical
$1.72M
$1.51M – $2.01M
NOI $120,657 @ 7.0% cap · market cap 6.11%
Theoretical Best
Office A
$2.52M
$2.21M – $2.95M
NOI $176,704 @ 7.0% cap · market cap 8.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dedicated Senior Medical ...
Medical Clinic
Jennifer Casey
Pediatrician
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FAQs
What type of property is this?
Medical Office Space - Newly constructed freestanding medical office with fully built-out exam and procedure rooms plus ADA-compliant restrooms.
Where is this medical office space located?
The property is located at 6150 CADIEUX RD Detroit, MI.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Freestanding medical office building on its own lot, purpose‑built for healthcare delivery with clear branding and direct patient access; Fully built‑out interior with exam rooms, procedure room(s), nurse station, private offices, waiting room, ADA‑compliant restrooms, staff break area, and storage/lab‑utility space; All systems recently installed, including dedicated mechanical, roof, and electrical systems built to current codes for clinical use
