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    FOR LEASE
    Office buildings

    5111 Auto Club Dr, Dearborn, MI 48126

    114,300 SF 11.22 ac lot Built 1988
    Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0903140
    Property summary
    AI-generated overview

    This exceptional medical office building, located at 5111 Auto Club Drive in Dearborn, Michigan, 48126, offers a prime opportunity for healthcare providers seeking flexible and spacious accommodations. The building boasts a total of 50,000 square feet, currently featuring a significant amount of vacant space totaling 30,000 square feet, ideal for expansion or new tenancy. Multiple tenancy options are available, catering to a range of practice sizes and needs. Individual suites range from 2,500 square feet to the full 30,000 square feet of available space, providing scalability for growing businesses. The property's convenient location in Dearborn, Michigan offers easy access to major transportation routes and a thriving patient base. The building's modern design and efficient layout ensure a comfortable and productive work environment. This is a fantastic opportunity to establish or expand your medical practice in a highly desirable location. The property is currently available for lease. Interested parties should inquire for further details and leasing options. The building is classified as a medical office building with multiple tenants. The address is 5111 Auto Club Drive, Dearborn, MI 48126.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1988
    Total area 114,300 SF
    Lot 11.22 ac (488,743 SF)
    Zoning code BC
    APN 82 09 141 01 223
    UPID US43-0903140
    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
    • Melanie L. Schwartz, PSYD Physician Medical Clinic
    • Linda L. Spier, MA Physician Medical Clinic
    • Adrianna J Zec, PSYD Physician Medical Clinic
    • Sheila L. Gibson, MA Physician Medical Clinic
    • Spencer Rodney E Physician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $8.82M
    Blend (final) Blend
    $8.82M
    Owner & transaction history
    Jawad Shah Property Holdings LLC · 4 yrs held
    Jawad Shah Property Holdings LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    BC · Dearborn, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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