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Medical Office Space For Rent
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24555 Hallwood Ct, Farmington Hills, MI 48331

Medical office space available, suitable for various therapy practices.

Space SizeContact for details
Property Size13,101 SF
Days on Market710

Property Features for 24555 Hallwood Ct

General Information

Standard status Active
Size 13,101 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 13,101 SF
Year Built 1989
Tenancy Multiple

Spaces For Lease

at 24555 Hallwood Ct Contact us

Available Space

Availability
Active
Contact us
Listing Agency: Signature Associates
Listed By: Rick Birdsall · License #MI 6501179541
Source: Crexi
Added: Oct 2, 2024 Changed: Sep 7 Last Checked: Sep 11 at 4:40AM

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 Signature Associates

Investment Insights

Based on property information with market context.

Office space is available for rent, suitable for Occupational Therapy, Physical Therapy, Sports Medicine, or Rehabilitation Services. The space is located within a Diagnostic and Therapeutic Imaging practice, with possible access to imaging equipment. Additional space is also available. The building is currently under renovation.

Key Highlights

  • Office space ideal for Occupational Therapy, Physical Therapy, Sports Medicine, or Rehabilitation Services.
  • Possible access to imaging equipment.
  • Additional space available for expansion.

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Dental Office Skin Care Clinic Pharmacy

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
$2.99 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

739
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48331, MI

22,091
Population
9,297
Households
2.4
Avg Household Size
46
Median Age
67%
College-Educated
97%
High-School Grad
9.3 sq mi
ZIP Area
2,375
Density / Sq Mi
$121,101
Median Household Income
$64,255
Median Earnings
$1,743
Median Rent
$383,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Farmington Hills, MI

$13.39 /SF/Yr
Avg Asking Price
$1.49–$18.95 /SF/Yr
Price Range
12,521 SF
Avg Space Size

This space is priced 49% above the average of $13.39 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space available, suitable for various therapy practices.
Where is this medical office space located?
The property is located at 24555 Hallwood Ct Farmington Hills, MI.
What is the lease rate?
The lease rate is $19.95 SF/Yr.
What are key features of this property?
This property features: Office space ideal for Occupational Therapy, Physical Therapy, Sports Medicine, or Rehabilitation Services.; Possible access to imaging equipment.; Additional space available for expansion.
(248) 842-3145 Call to check price and availability
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