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    29877 Telegraph Rd Southfield, MI 48034

    For Lease
    $25 SF/Yr

    Premium Medical Office Space Available

    Lot size:
    95,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional medical office condo offering presents two available spaces totaling 2,350 square feet within the prestigious Farmbrook Medical II building in Southfield, Michigan. Located at 29877 Telegraph Road, this prime location boasts convenient access to major thoroughfares including I-696, M-10, and I-75, ensuring excellent visibility and accessibility for patients and staff. Built in 1985, the 95,000 square foot building is part of a thriving medical complex, offering the potential for valuable referral networks with a diverse range of co-tenants representing various medical specialties. The property features ample on-site parking, catering to the needs of both patients and staff. Situated on Telegraph Road, north of 12 Mile Road, the building benefits from high traffic volume, with over 80,000 vehicles passing daily. Building amenities include a welcoming atrium, convenient on-site food service and café, and a pharmacy, enhancing the overall experience for occupants and visitors. This is a rare opportunity to secure premium medical office space in a highly sought-after location within Oakland County. The available spaces are ideal for expanding practices or relocating to a vibrant and well-established medical community. Contact us today to schedule a viewing.

    Property Features for 29877 Telegraph Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    95,000 SF
    Total Rate
    197916.67

    Building Details

    Year Built
    1985

    Unit(s) available at that property

    Space
    Suite 101
    Size
    1,300 SF
    Rate per SF
    $25
    Space
    Suite 103
    Size
    1,300 SF
    Rate per SF
    $25

    HighLights

    • Two available medical office condos totaling 2,350 square feet in prestigious Farmbrook Medical II building.
    • Suite 101: 1,300 square feet, former pharmacy with café and in‑suite restroom.
    • Suite 103: 1,300 square feet, featuring two offices, receptionist area, lab room, and restroom.
    • $25.00 NNN ($5.00 PSF) rent.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Robert P. ... Ophthalmologist Farmbrook Pharmacy Pharmacy Michigan Premier Internists Medical Clinic Dr. William S. ... Sports Medicine Physician Michigan Eyecare Institute Doctor

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Law Firm Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2878091
    Latitude
    42.5073812

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    FAQs

    What type of property is this?
    Medical office - Premium Medical Office Space Available
    Where is this medical office located?
    The property is located at 29877 Telegraph Rd Southfield, MI.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Two available medical office condos totaling 2,350 square feet in prestigious Farmbrook Medical II building.; Suite 101: 1,300 square feet, former pharmacy with café and in-suite restroom.; Suite 103: 1,300 square feet, featuring two offices, receptionist area, lab room, and restroom.
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    Southfield, MI 48034
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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
    29877 Telegraph Rd Southfield, MI 48034
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