C123-25140 Lahser Rd, Southfield, MI 48033
Tenant-occupied office suite in an established office condominium community, offering convenient access to major Southfield corridors.
- Added:
- May 21, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 16 at 2:20 am
Property Features for C123-25140 Lahser Rd
General Information
- Standard status
- Active
- Size
- 672 SF
Listing office Front Page Properties (313) 435-8550
Listing date May 21, 2026
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Front Page Properties
HighLights
- Tenant‑occupied office condo suite C‑123 in Matterhorn Office Condominium complex at 25140 Lahser Rd
- Approximately 672 sq ft office space, currently generating $900/month rental income
- Condo association dues are approximately $250/month and may cover certain building/common area expenses (verify coverage)
- Convenient Southfield access near Lahser Rd, 10 Mile Rd, Telegraph, Northwestern Hwy, and I‑696
- May be purchased as part of a larger 7‑unit office condo portfolio (seller considers individual suite sales or package offers)
Overview
The property is positioned in Southfield near Lahser Rd, 10 Mile Rd, Telegraph, Northwestern Hwy, and I-696, supporting practical access for clients, staff, and professional service users. The suite is part of the Matterhorn Office Condominium complex at 25140 Lahser Rd.
For investors, this condo presents the advantage of being currently occupied and producing stated rental income, subject to verification of lease terms, taxes, dues, and all material facts. For an owner-user, it offers the option to secure office space inside an established condominium office environment, with buyer and buyer’s agent to confirm permitted uses and remaining lease details. The seller may consider individual suite sales or package offers, and this suite may be available as part of a larger 7-unit office condo portfolio, with all specifics to be confirmed by the buyer’s representative.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $4.0k | $6.00 |
| − Vacancy | −$948 | −$1.41 |
| EGI | $3.1k | $4.59 |
| − OpEx | −$771 | −$1.15 |
| NOI | $2.3k | $3.44 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.258469
- Latitude
- 42.444352
