Renovated First-Floor Office
6895 Telegraph Road, Bloomfield Hills, MI 48301
For Sale
Contact for pricing
Renovations include high-efficiency HVAC and new windows, with first-floor office space sized for flexible occupancy.
Property Size10,105 SF
Price / SF$0.01
Days on Market140
Property Features for 6895 Telegraph Road
General Information
Standard status
Size
Class
Property subtype
Lease Term
Additional Details
Traffic Count
Building Details
Building Size
Year Built
Properties For Sale
at 6895 Telegraph Road
First Floor
Size
3,584 SF
Type
Office Building
Term
Negotiable
Listing Agency:
KJ Commercial
Listed By:
Preston Rabban · License MI #6501391831
(248) 631-7422
Source:
Kjcre
Added: Jun 24
Changed: Oct 26
Last Checked: Nov 10 at 6:27AM
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 KJ Commercial
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Investment Insights
Based on property information with market context.
First-floor office suites are available in the range of approximately 2,000 to 3,584 square feet, with no common area factor. The building has completed renovations focused on key customer and tenant-facing components, including the lobby and entryway, a new roof, new high-efficiency HVAC, and new windows. Exterior updates include refreshed landscaping and parking lot resurfacing.
The property is located on Telegraph Road in Bloomfield Hills, with multiple points of ingress and egress for convenient arrival and departure. It is visible to over 66,000 vehicles per day on Telegraph Road, and it sits near numerous retailers and restaurants.
These first-floor configurations are well suited for office users that value turnkey improvements and straightforward occupancy economics, particularly given the stated absence of a common area factor. With suite sizes spanning a meaningful range, the property can accommodate organizations seeking a primary office presence without relying on shared-space calculations.
The property is located on Telegraph Road in Bloomfield Hills, with multiple points of ingress and egress for convenient arrival and departure. It is visible to over 66,000 vehicles per day on Telegraph Road, and it sits near numerous retailers and restaurants.
These first-floor configurations are well suited for office users that value turnkey improvements and straightforward occupancy economics, particularly given the stated absence of a common area factor. With suite sizes spanning a meaningful range, the property can accommodate organizations seeking a primary office presence without relying on shared-space calculations.
Key Highlights
- First‑floor office space available from approximately 2,000 to 3,584 SF
- Renovations completed: lobby and entryway updates
- Improvements include a new roof, new high‑efficiency HVAC, and new windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,338
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,760
$246.8K
Cap Rate 7%
$176,257
$176.3K
Cap Rate 9%
$137,089
$137.1K
Market Conditions
NOI Build-Up for 3,584 SF
Gross rent
$21.5K $6.00/SF
− Vacancy
−$5.1K −$1.41/SF
EGI
$16.5K $4.59/SF
− OpEx
−$4.1K −$1.15/SF
NOI
$12.3K $3.44/SF
Area
Oakland 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%
$246,760
Cap Rate 7%
$176,257
Cap Rate 9%
$137,089
Alternative Uses
Best Use
Office B
$176.3K
$154.2K – $205.6K
NOI $12,338 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$773.0K
$676.4K – $901.9K
NOI $54,113 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
66,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
Demographics for 48301, MI
14,993
Population
6,131
Households
2.4
Avg Household Size
46
Median Age
77%
College-Educated
99%
High-School Grad
7.4 sq mi
ZIP Area
2,026
Density / Sq Mi
$163,571
Median Household Income
$83,636
Median Earnings
$1,878
Median Rent
$670,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office Units in Oakland County, MI
Properties on Market for Office Units in Oakland County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Renovations include high-efficiency HVAC and new windows, with first-floor office space sized for flexible occupancy.
Where is this office unit located?
The property is located at 6895 Telegraph Road Bloomfield Hills, MI.
What are key features of this property?
This property features: First‑floor office space available from approximately 2,000 to 3,584 SF; Renovations completed: lobby and entryway updates; Improvements include a new roof, new high‑efficiency HVAC, and new windows
