21540 11th Mile Rd, Southfield, MI 48076-3843
This exceptional 12,224 square foot office building, located at 21540 11 Mile Road in Oakland County, presents a unique investment opportunity. The property is a single-tenant building suitable for a variety of uses, including medical and traditional office spaces. Key features include one overhead door, ideal for loading and unloading, and a second-floor lab space complete with sinks, catering to specific medical or research needs. The building is partially equipped with a sprinkler system for enhanced safety. Convenient amenities include two restrooms on each floor, along with a kitchenette and breakroom on each level, providing comfortable spaces for staff and clients. Ample parking is ensured with a 40-space parking lot. The property also offers the advantage of prominent monument signage, enhancing visibility and brand recognition. Its strategic location provides convenient access to major thoroughfares, including I-696, Telegraph Road, and M-10, ensuring easy commutes for employees and clients. The current lease extends through 2033, offering long-term stability and predictable income. This property represents a compelling opportunity for investors seeking a well-maintained, strategically located office building with a strong lease in place.
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Dr. Fitzpatrick Wilson, MD Physician
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Ashley Fields Physician
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Dr. Rigel Galera Pediatrician Physician
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Uzair Munshey Pediatrician Physician
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Rapid Respiratory Services Inc Medical Supply Store
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
OS · Southfield, MISouthfield. 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.