41600 Six Mile Rd, Northville, MI 48168
Office building with 24,000 square feet available for sale.
- Added:
- Mar 26, 2024
- Days on Market:
- 833
- Last Refresh:
- May 12 at 8:12 pm
Property Features for 41600 Six Mile Rd
General Information
- Standard status
- Active
- Size
- 24,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1978
Listing office Signature Associates
Listing date Mar 26, 2024
Source Crexi
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 Signature Associates
HighLights
- For sale or lease
- Year Built: 1978
Overview
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 | $144.0k | $6.00 |
| − Vacancy | −$33.8k | −$1.41 |
| EGI | $110.2k | $4.59 |
| − OpEx | −$27.5k | −$1.15 |
| NOI | $82.6k | $3.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Northville
- County
- Wayne
- State
- Michigan
- Longitude
- -83.4570604
- Latitude
- 42.4300491
