36358 Garfield RdClinton Township, MI 48035

Property Details for 36358 Garfield Rd

Year built

1972

Lot size

1.84 AC

Property size (Sq ft)

16,528 SF

Zone code

OS-1

Property type

Office properties

Property subtype

Office buildings

APN

16-11-29-103-047

APU

161129103047

Description

This exceptional commercial property at 36358 Garfield offers a single-tenant office space totaling 10,230 square feet. The building sits on a generous 1.8-acre lot, providing ample parking for employees and clients. This build-to-suit opportunity allows for customization to meet specific business needs, with the potential to lease up to 10,250 square feet. Tenants can choose the size and amenities that best suit their operations. The property is zoned commercial, ensuring flexibility and suitability for a wide range of businesses. The lease is a NNN (Net, Net, Net) agreement, with a competitive rental rate of $14 per square foot. This presents a unique chance to secure a well-located, spacious, and adaptable office space in a convenient setting. The single-tenant occupancy ensures privacy and control over the entire building. The expansive lot size offers significant potential for future expansion or additional amenities. This property is ideal for businesses seeking a modern, efficient, and customizable workspace. Contact us today to learn more about this outstanding leasing opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $3,437,583

  6.5%

  $3,173,153

  7%

  $2,946,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,546,029

  Geo Method

  $1,546,029

• Alternative Use

  Use

  Valuation

  Residential

  $3,934,710

  Hospitality

  $3,604,173

  Educational

  $2,998,630

  Medical

  $3,101,757

  Retail

  $4,664,536

Location Insight

City

Clinton Township

County

Macomb

State

Michigan

Latitude

42.5637

Longitude

-82.9498

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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