Property profile

7050 Grafton Rd Newport, MI 48166

OFF-MARKET
Office Spaces
4,050 SF
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Property summary

AI-generated overview

This exceptional single-tenant medical office building, located at 7050 Grafton Suite 4, Newport, MI, offers 4,050 square feet of versatile space. Situated on a generous 8.9-acre lot, this high-visibility property enjoys a central location just off Telegraph Road, ensuring excellent traffic flow and exposure. Built in 1992, the building provides a flexible layout suitable for a range of professional uses, from small medical practices to larger businesses. The property's convenient location within a thriving community makes it an ideal opportunity for businesses seeking a strong presence in a growing market. The single-suite design offers efficiency and control, while the ample lot size provides significant potential for future expansion or development. This property presents a rare opportunity to acquire a well-maintained, strategically located commercial space in a desirable area. The building's size and location make it perfect for a variety of uses, offering a blend of accessibility and visibility. The property is classified as both medical office and commercial, allowing for a wide range of potential tenants. This is a turnkey opportunity for a business seeking a ready-to-occupy space in a high-traffic area. The property's single-tenant occupancy simplifies management and provides a stable investment opportunity.

Property profile

Verified
Property type Office Spaces
Total area 4,050 SF

Cap rate & NOI

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

Location

7050 Grafton Rd Newport, MI 48166
Newport 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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