24293 Telegraph RdSouthfield, MI 48034

This exceptional creative office building, located at 24293 Telegraph Road in Southfield, Michigan, presents a compelling investment opportunity. The 43,000 square foot property, built in 1970 and extensively renovated in 2000, is currently 70% occupied, offering immediate income potential. The building features a multi-tenant configuration with flexible suite sizes ranging from 2,777 to 10,322 square feet, catering to a variety of business needs. Leases are structured on a gross basis, with a current rate of $11.50 per square foot, plus electricity. On-site management and ownership ensure efficient operations and responsive tenant service. The property boasts ample parking, contributing to tenant convenience and satisfaction. Recent upgrades include newer common area restrooms, reflecting a commitment to maintaining a clean and secure environment. The asking price for this well-maintained and strategically located office building is $2,500,000. This presents a rare opportunity to acquire a substantial, income-producing asset in the thriving Southfield market. The building's location in Oakland County, Michigan, provides easy access to major transportation routes and a robust business community.