35100 E Michigan Ave Wayne, MI 48184
- Office buildings
- 7,632 SF
- 1.18 lot acres
Current Use by Public Records
- Office buildings
Property Details for 35100 E Michigan Ave
- Year built
- 1996
- Lot size
- 1.18 lot acres
- Property size
- 7,632 SF
- Property type
- Office buildings
- APN
- 55 018 01 0188 300
- APU
- 55018010188300
Description
This exceptional four-building office complex, totaling 23,264 square feet, is strategically located in downtown Wayne, Michigan, boasting high visibility frontage on East Michigan Avenue. The property, classified as Class B, presents a compelling owner-user or value-add investment opportunity. Currently at 40% occupancy, the complex offers significant upside potential with rent bumps in place. Individual suites range from approximately 1,900 to 6,049 square feet, providing flexibility for various tenants. The asking price is $2,800,000, translating to $120.36 per square foot. The property is offered as a net-lease (NNN) sale, and tenant credit is available for qualified occupants. This multi-tenant property features a desirable campus-like setting and is ideal for a business seeking to establish a strong presence in the Wayne market. The buildings are single-story structures. Up to 11,973 square feet of space is currently available for lease. This is a for-sale-by-owner opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wayne
- County
- Wayne
- State
- Michigan
- Longitude
- -83.3846
- Latitude
- 42.2805
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
