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    FOR LEASE
    Office buildings

    26789 Woodward Ave, Huntington Woods, MI 48070

    14,760 SF 0.64 ac lot Built 1963
    Entity Owned 27-yr Hold Free & Clear
    Property ID
    US43-0881190
    Property summary
    AI-generated overview

    This exceptional 14,400 square foot Class B medical office building is located at 26789 Woodward Avenue in Huntington Woods, Michigan, within Oakland County. The property sits on a 0.64-acre lot and boasts a convenient 4.0 parking spaces per 1000 square feet ratio, ensuring ample parking for patients and staff. Currently, the building is 100% occupied with multiple tenants, presenting a stable investment opportunity. The building is zoned BI and its APN is 25-21-103-007. Situated in the desirable Huntington Woods community, this property benefits from excellent visibility and accessibility along Woodward Avenue. The building's classification as a medical office building makes it ideal for a variety of healthcare practices. The property's full occupancy demonstrates strong market demand and a proven track record of success. This is a rare opportunity to acquire a fully leased, well-maintained medical office building in a prime location. The building's size and parking capacity make it suitable for a range of medical specialties. Interested parties should note the property's strong tenant base and the potential for long-term growth in this thriving area. The property's location in Oakland County, Michigan, offers easy access to major transportation routes and a robust local economy. This is a turnkey investment opportunity with significant potential for future returns.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1963
    Total area 14,760 SF
    Lot 0.64 ac (27,878 SF)
    Zoning code BI
    APN 32-25-21-103-007
    UPID US43-0881190
    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
    Current use
    Occupant on record · Public records
    • AZ Periodontics and Implant Dentistry Dental Office
    • Dr. Chen Cao, DMD Dental Office
    • Feels Best Dentistry Dental Office
    • Egnater Joel S DDS Dental Office
    • Lessem Paul R MD Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.84M
    Blend (final) Blend
    $1.56M
    Owner & transaction history
    Brodsky Investment Company LLC · 27 yrs held
    Brodsky Investment Company LLC
    since 1998
    2 recorded transactions
    1998
    1998
    Zoning & alternative use
    BI · Huntington Woods, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.6M +47.6%
    Retail stores $2.5M +43.9%
    Medical building $2.3M +34.6%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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