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    5625 Water Tower Pl City Of The Vlg City of the Village of Clarkston, MI 48346

    For Lease
    $15 SF/Yr

    Modern Medical Office Suites Available

    Lot size:
    45,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional three-story Class B medical office building, totaling 45,000 square feet, presents a unique investment opportunity in the thriving City of the Village of Clarkston, Michigan. Conveniently located at 5625 Water Tower Place, near the intersection of Dixie Highway and White Lake Road in Oakland County, this property boasts a prime location with excellent visibility and accessibility. Built in 2002 and extensively renovated in 2023, the building offers modern amenities and updated infrastructure. Multiple tenancy options are available, with suites ranging from 805 to 1,600 square feet, ideal for a variety of medical practices or traditional office uses. The building features a 14-foot ceiling height throughout, providing ample space and flexibility for tenant build-outs. Currently undergoing significant improvements, this property is poised to become a premier medical destination, joining established tenants like McLaren Medical and other leading medical professionals. The zip code is 48346. This is an exceptional opportunity to secure space in a newly renovated, high-demand medical office building in a desirable Oakland County location. Don't miss this chance to be part of a thriving medical community.

    Property Features for 5625 Water Tower Pl City Of The Vlg

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    45,000 SF
    Class
    B
    Total Rate
    59812.5

    Building Details

    Year Built/Renovated
    2002/2023
    Stories
    3

    Unit(s) available at that property

    Space
    Suite B
    Size
    1,265 SF
    Rate per SF
    $15
    Space
    Suite A
    Size
    805 SF
    Rate per SF
    $15
    Space
    Suite D
    Size
    1,600 SF
    Rate per SF
    $15

    HighLights

    • 45,000 SF Class B medical office building in Clarkston, MI.
    • Located at 5625 Water Tower Place, near Dixie Highway & White Lake Road in Oakland County.
    • Built in 2002, extensively renovated in 2023.
    • Suites range from 805 to 1,600 SF, ideal for various medical or office uses.
    • 14‑foot ceiling height throughout.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    City of the Village of Clarkston
    County
    Oakland
    State
    Michigan
    Longitude
    -83.43273928209
    Latitude
    42.725381593423

    Nearby Comparable

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      Clarkston Office Space For Rent

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      Newer Office Buildings For Rent

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      Clarkston Retail Space Available

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      Clarkston Office Space For Rent

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      Downtown Clarkston Office/Retail Space

      Modern, renovated office/retail space in downtown Clarkston.
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    • $21 SF/Yr
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      Medical/Office Building Near McLaren Clarkston

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    Nearby Similar for Lease

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      Clarkston Office Space for Lease

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    • $19 SF/Yr
      8,100 SF

      Clarkston Executive Office Suite

      1,600 SF Office, Lakeside Location
      6100 Dixie Hwy City Of The Vlg, City of the Village of Clarkston, MI 48346
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    FAQs

    What type of property is this?
    Medical office - Modern Medical Office Suites Available
    Where is this medical office located?
    The property is located at 5625 Water Tower Pl City Of The Vlg City of the Village of Clarkston, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 45,000 SF Class B medical office building in Clarkston, MI.; Located at 5625 Water Tower Place, near Dixie Highway & White Lake Road in Oakland County.; Built in 2002, extensively renovated in 2023.
    Request Owner's contact information
    5625 Water Tower Pl City Of The Vlg City of the Village of Clarkston, MI 48346
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5625 Water Tower Pl City Of The Vlg City of the Village of Clarkston, MI 48346
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