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Property profile & analytics
FOR LEASE
Medical Office Space

11180 Gratiot Ave Detroit, MI 48213

18,140 SF 1.04 ac lot Built 1948
Individually Owned 17-yr Hold Absentee Owner Free & Clear
Property ID
US43-0426580
Property summary
AI-generated overview

This exceptional medical office building, located at 11180 Gratiot Avenue in Detroit, Michigan, offers a unique opportunity for healthcare professionals seeking flexible and modern space. The property boasts a total of 18,700 square feet, situated on a generous 1.32-acre lot in Wayne County. Multiple tenancy options are available, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Currently, 6,000 square feet of space is immediately available for lease. The building is ideally suited for a variety of medical practices, offering the potential for expansion or consolidation. Its convenient location on Gratiot Avenue provides excellent visibility and accessibility for patients and staff. The property's zoning and existing infrastructure make it an attractive option for both established practices and new ventures. This is a rare opportunity to secure high-quality medical office space in a thriving Detroit location. The address is 11180 Gratiot Ave, Detroit, MI 48213. Interested parties should inquire about available space and lease terms. The property is zoned for medical office use.

Property profile
Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1948
Total area 18,140 SF
Lot 1.04 ac (45,302 SF)
Zoning code B4
APN 21028813-6
UPID US43-0426580
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gentle Dental at Gratiot Avenue Dental Office
  • Ziyadeh George DDS Dental Office
  • Park Family Health Care Medical Clinic
  • Abellana Eduardo MD Pediatrician Physician
  • Park Medical Centers Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.24M
Owner & transaction history
RICHARD GOLDEN
RICHARD GOLDEN
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.7M +44.9%
Restaurant $1.7M +44.8%
Neighborhood: shopping center $1.4M +20.2%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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