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Property profile & analytics
FOR LEASE
Medical Office Space

2070 Biddle Ave Wyandotte, MI 48192

19,361 SF 2.09 ac lot Built 2013
Entity Owned 15-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-2081434
Property summary
AI-generated overview

This exceptional newly constructed, two-story Class A office building, totaling 30,000 square feet, is ideally situated in Wayne County, Michigan, at 2070 Biddle Avenue. Scheduled for completion in Fall 2023, this property offers flexible space options, ranging from a minimum of 2,000 contiguous square feet to the entire 30,000 square feet. Currently, the entire building is available for lease. The building's zoning is PD (Plan Development District), providing versatility for various business types. Its proximity to Henry Ford Wyandotte Hospital makes it particularly well-suited for medical practices or related businesses. The building boasts ample parking with 185 spaces available for tenants and their clients. The property features a modern design and high-quality finishes, reflecting its Class A designation. The lease rate is $22.00 per square foot, NNN. The property's parcel number is 57-010-01-0001-001. This is a unique opportunity to secure a brand-new, state-of-the-art office space in a desirable location with excellent accessibility and ample parking. Contact us today to learn more about leasing opportunities and to schedule a viewing.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2013
Total area 19,361 SF
Lot 2.09 ac (91,040 SF)
APN 57 010 01 0001 001
UPID US43-2081434
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.61M
Blend (final) Blend
$2.61M
Owner & transaction history
Mjc Templin LLC · 15 yrs held
Mjc Templin LLC
since 2011
7 recorded transactions
2019
Price N/A
2018
Price N/A
2011
$595,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.4M +29.2%
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More about this property
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