24800 Lahser Rd, Southfield, MI 48033-3237

This exceptional investment opportunity presents a 4,002 square foot, fully leased Class B medical office building located at 24800 Lahser Rd, Southfield, MI 48033. The property, built in 1958 and renovated in 2018, sits on a one-acre lot and boasts a strong 9.55% cap rate with a Net lease in place. Currently occupied by a credit-rated tenant, Tru Family Dental, under a single-tenant lease with a remaining term of approximately 0.9 years (expiring 10/31/2025), the lease commenced on November 1, 2022. The asking price is $575,000, translating to $143.68 per square foot and $100,000 per acre. The building features two stories and is zoned for office use. The property's strong financial performance is evidenced by a Net Operating Income (NOI) of $54,894. This is a rare opportunity to acquire a stable, high-performing medical office building in a desirable Southfield location. The tenant has a proven track record and the building is in excellent condition. Lease options are available. This is an institutional-grade investment with 100% occupancy since December 1, 2017. No rent bumps are included in the lease.