2050 S Telegraph Rd, Bloomfield Hills, MI 48302
For Lease
1 / 24
This exceptional 44,372 square foot big box retail space presents a rare investment opportunity in the thriving Bloomfield market. Formerly occupied by an LA Fitness, this two-story building boasts a wealth of existing features ideal for a variety of uses. Situated on a four-acre lot, the property enjoys a highly visible location north of Square Lake Road, directly across from a Costco and the Henry Ford Medical Center, and adjacent to Carl's Golfland. The building's strategic placement along heavily trafficked Telegraph Road ensures maximum exposure to potential customers. The interior features include a basketball court, swimming pool, racquetball courts, and a daycare center, offering significant potential for adaptive reuse. Built in 2003, the single-tenant building is entirely vacant, providing a blank canvas for a new business. The B-3 General Business zoning allows for a wide range of commercial uses, as detailed in the attached zoning ordinance. This property offers unparalleled visibility, accessibility, and flexibility, making it an exceptional opportunity for a discerning investor or business owner seeking a prominent presence in a high-demand area. The substantial square footage and existing amenities provide a unique advantage in the competitive retail landscape. Don't miss this chance to acquire a truly remarkable commercial property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Bloomfield Hills, MIBloomfield Hills. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.