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    28913-28997 Woodward Ave Berkley, MI 48072

    Sponsored
    For Lease
    $28 SF/Yr ($7,618 /Mo)

    Prime Oakland County medical office suite.

    Lot size:
    3,265 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Berkley Square offers a 1,600 square foot medical office space for lease in a vibrant Oakland County location. This suite is part of a larger 3,265 square foot multi-tenant building with a storefront configuration, ideal for a variety of medical practices. The space is immediately available and features excellent visibility with pylon signage opportunities. High traffic counts are a significant advantage, with 58,000 vehicles passing daily on Woodward Avenue and 17,000 on 12 Mile Road. This ensures strong potential for patient and client traffic. The building enjoys a desirable location alongside established businesses such as Crispelli's, Great Clips, and H&R Block, creating a synergistic environment and attracting a diverse clientele. The minimum divisible space is 1,600 square feet, making it perfect for a single medical practice or a small group. The property is classified as both retail and office, offering flexibility in its use. This exceptional opportunity provides a turnkey solution for medical professionals seeking a high-traffic, well-located space to establish or expand their practice. The dimensions of the available space are 32 feet by 50 feet. Serious inquiries are encouraged to explore this promising investment.

    Property Features for 28913-28997 Woodward Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,265 SF
    Total Rate
    7618.33

    Unit(s) available at that property

    Space
    Suite 28931
    Size
    1,600 SF
    Rate per SF
    $28

    HighLights

    • 1,600 SF medical office/retail space available for lease in Oakland County.
    • Pylon signage opportunity.
    • High traffic counts: 58,000 vehicles on Woodward Avenue and 17,000 on 12 Mile Road.
    • Excellent location; join established tenants including Crispelli's, Great Clips, and H&R Block.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Berkley
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1717606
    Latitude
    42.5022065

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    FAQs

    What type of property is this?
    Individual retail property - Prime Oakland County medical office suite.
    Where is this individual retail property located?
    The property is located at 28913-28997 Woodward Ave Berkley, MI.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: 1,600 SF medical office/retail space available for lease in Oakland County.; Pylon signage opportunity.; High traffic counts: 58,000 vehicles on Woodward Avenue and 17,000 on 12 Mile Road.
    Request Owner's contact information
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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

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    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
    28913-28997 Woodward Ave Berkley, MI 48072
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