Building Details

Year Built 1992

Listing Agency: Coldwell Banker Commercial Haynes Real Estate

Listed By: Tom Fritz · License #6506045434 Show Phone

Source: Elliman

Added: Mar 12 Changed: Sep 20 Last Checked: Sep 22 at 6:36PM

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Investment Insights

Based on property information with market context.

Located at 7505 Grafton Road in Newport, MI, this property offers medical or office spaces ranging from 450 to 4,050 square feet. Constructed in 1992, the property provides flexibility and accessibility for various professional uses. The location offers high visibility and is situated just off Telegraph Road, making it a central and well-trafficked area. This space is suitable for both small practices and larger businesses seeking to establish a presence in a growing community.

Key Highlights

• High‑visibility location on Grafton Road.
• Flexible space ranging from 450 to 4,050 SF.
• Ideal for medical or office use.

Property Analytics

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Current Use

Mercy Memorial Outreach ... Medical Laboratory FrenchTown Pharmacy Pharmacy Danilo Dona MD ... Physician Faafp Danilo A MD Physician French Town Optical Physician

Suggested Use

Top Pick Auto Repair Shop Building Supply Restaurant Garden Center Grocery & Convenience Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$1.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

64

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 48166, MI

13,170

Population

5,387

Households

2.4

Avg Household Size

37

Median Age

19%

College-Educated

88%

High-School Grad

26.6 sq mi

ZIP Area

495

Density / Sq Mi

$70,923

Median Household Income

$36,946

Median Earnings

$1,203

Median Rent

$217,000

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this medical office space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Office or medical space in high-visibility, central Newport location.

Where is this medical office space located?

The property is located at 7505 Grafton Rd Newport, MI.

What is the lease rate?

The lease rate is $10 SF/Yr.

What are key features of this property?

This property features: High‑visibility location on Grafton Road.; Flexible space ranging from 450 to 4,050 SF.; Ideal for medical or office use.