20835 Mack Ave, Grosse Pointe Woods, MI 48236-1486
This exceptional 10,571 square foot medical office building, situated at 20825-20853 Mack Avenue in Grosse Pointe Woods, Michigan, presents a rare opportunity. Built in 1990 and extensively renovated in 2019, the single-story building offers multiple tenancy options with a minimum divisible space of 4,721 square feet. The property boasts 60 convenient parking spaces, a significant advantage in this high-demand area. Located at the intersection of Mack Avenue and Hollywood Avenue, within the desirable "The Pointes" submarket and close to the St. Clair Shores submarket cluster, this location offers excellent visibility and accessibility. The building is conveniently located within walking distance of a new retail center featuring anchor tenants such as Starbucks and Estia, further enhancing its appeal and attracting a high volume of foot traffic. The property is adjacent to Orange Theory Fitness, providing synergistic benefits. Planned facade improvements are scheduled for 2024, ensuring the building maintains its modern and attractive appearance. This is an ideal investment for medical professionals seeking a well-maintained, conveniently located, and highly visible space in a thriving community. The property's zip code is 48236.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
C · Grosse Pointe Woods, MIGrosse Pointe Woods. 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.