Property profile

1185 12 Mile Rd Madison Heights, MI 48071

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional 2,930 square foot medical office suite, located at 11885 E 12 Mile Rd, Suite 202a in Oakland County, is available for sublease through January 31, 2025, and then directly thereafter. The space is ideally suited for a variety of medical practices and features a spacious waiting room with capacity for up to 30 patients, ensuring comfortable patient flow. A well-appointed reception area provides ample space for three administrative staff members. The layout includes a large group office, a medium-sized office, and a smaller private office, offering flexibility for different team sizes and needs. A convenient breakroom is included for staff relaxation and meals. The suite boasts seven exam rooms, providing ample space for patient examinations and consultations. Two storage closets offer convenient storage solutions for medical supplies and equipment. A dedicated lab area is equipped with both clean and dirty sinks, meeting the requirements of various medical procedures. This single-tenant space presents a turnkey opportunity for a medical practice seeking a well-designed and functional office environment in a prime Oakland County location. The property is classified as Special Purpose Commercial Real Estate.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1185 12 Mile Rd Madison Heights, MI 48071
Madison Heights metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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