38215 Mile Rd, Farmington Hills, MI 48335
Invest in this prime Farmington Hills, Michigan medical office space at Freeway Plaza. This single-story, 12,575 square foot building, situated on a 5-acre lot at the crossroads of Novi and Farmington Hills, offers multiple tenancy options. Two suites are currently available, ranging from 1,036 to 2,028 contiguous square feet, with a total of 3,064 square feet currently vacant. The building boasts 200 parking spaces and is conveniently located on 10 Mile Road, near West 10 Mile Rd and Haggerty Rd, ensuring high visibility and accessibility for patients and staff. Built in 1973, this B-3 zoned property (APN 23-30-127-038) in the Farmington submarket is surrounded by thriving businesses and residential areas, creating a strong customer base. A prominent monument sign is included with lease. Current tenants include diverse businesses such as restaurants, a salon, and an auto sales business, creating a vibrant and well-established community. This property presents a unique opportunity for medical professionals seeking a well-located, established space in a high-traffic area of South East Oakland County, Michigan, with a zip code of 48335.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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