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    29877 Telegraph Rd Southfield, MI 48034

    For Lease
    $18 SF/Yr

    Southfield Medical Office Space For Lease

    Lot size:
    95,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional medical office building, Farmbrook Medical Building II, presents a unique leasing opportunity in the thriving Southfield, Michigan market. Located at 29877 Telegraph Road, this 95,000 square foot building offers multiple tenancy options, with spaces ranging from a minimum of 1,581 square feet to a maximum contiguous space of 3,485 square feet. Currently, 6,970 square feet of space is available for lease. The building boasts ample parking with 485 spaces, ensuring convenient access for patients and staff. Constructed in 1986, the property sits on a generous 4.11-acre lot and is zoned B3. Its prime location in Southfield, Oakland County, Michigan (zip code 48034) provides excellent visibility and accessibility. The property's Assessed Parcel Numbers (APNs) are 24-08-401-016, 24-08-401-017, 24-08-401-018, 24-08-401-019, 24-08-401-020, 24-08-401-021, and a portion of 24-08-401-. This is an ideal location for medical practices seeking modern, well-maintained office space in a high-demand area. Don't miss this chance to establish or expand your practice in this premier Southfield location. Contact us today to schedule a viewing and discuss your leasing needs.

    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
    142500

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Suite 302
    Size
    1,581 SF
    Rate per SF
    $18
    Space
    Suite 304
    Size
    1,904 SF
    Rate per SF
    $18
    Space
    Suite 302 + 304
    Size
    3,485 SF
    Rate per SF
    $18

    HighLights

    • 95,000 SF medical office building available for lease in Southfield, MI.
    • Building features 6,970 SF of immediately available space, with suites ranging from 1,581 SF to 3,485 SF.
    • Convenient location near I‑696, M‑10, and I‑75, with ample parking (485 spaces).
    • On‑site pharmacy and close proximity to Providence and Beaumont hospitals.
    • Upcoming HOA‑funded improvements and a diverse mix of medical professionals within the building offering referral opportunities.
    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 - Southfield Medical Office Space For Lease
    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 $18 SF/Yr.
    What are key features of this property?
    This property features: 95,000 SF medical office building available for lease in Southfield, MI.; Building features 6,970 SF of immediately available space, with suites ranging from 1,581 SF to 3,485 SF.; Convenient location near I-696, M-10, and I-75, with ample parking (485 spaces).
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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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