Property profile

7505 Grafton Rd Newport, MI Newport

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 7505 Grafton Road in Newport, Michigan, presents a unique opportunity for businesses seeking a prominent presence in a thriving community. The property boasts a substantial 4,050 square feet of versatile space, ideal for a variety of professional uses, from small medical practices to larger commercial enterprises. Situated on a generous 8.9-acre lot, the building offers ample parking and high visibility, benefiting from its convenient location just off Telegraph Road. Constructed in 1992, the building is well-maintained and provides excellent accessibility. The single-suite layout offers efficiency and flexibility, allowing for customization to meet specific business needs. This property is perfect for businesses seeking a central location with high traffic exposure in a growing area. The space is adaptable to various configurations, making it an attractive option for a range of professional services. Its strategic location ensures easy access for clients and employees alike. This is a rare opportunity to acquire a well-positioned, substantial commercial property in a desirable Monroe County location. Don't miss the chance to establish your business in this prime location.

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

7505 Grafton Rd Newport, MI Newport
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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