Property profile

6201 Chicago Rd Warren, MI 48092

FOR LEASE
Medical Office Space
Property ID
US43-1555848
2,064 SF 0.25 ac lot Built 1954
Entity Owned 7-yr Hold Free & Clear
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6201 Chicago Rd, Warren, MI 48092 For Lease
$16.50 SF/Yr 2,295 SF available
6201 Chicago Rd, Warren, MI 48092
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Property summary

AI-generated overview

This exceptional 2,295 square foot free-standing office building is ideally situated in Warren, Michigan, at 6201 Chicago Road. The property boasts a convenient single-tenant occupancy, perfect for a business seeking a dedicated space. Ample parking is provided with 16 spaces, offering a generous 7.75 spaces per 1,000 square feet. The building is zoned for professional business districts, making it suitable for a wide range of uses, including general or medical offices. Its strategic location directly across from the GM Tech Center provides excellent visibility and accessibility. Commuting is simplified by its proximity to major expressways including M-53, I-696, I-94, and I-75. Local amenities are conveniently located nearby. Exterior updates are planned for 2024. The landlord is offering a full build-out allowance as part of the lease agreement. The gross lease rate is $16.50 per square foot. This property presents a rare opportunity to secure a well-located, functional, and attractive office space in a thriving business district. The zip code is 48092.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1954
Total area 2,064 SF
Lot 0.25 ac (11,021 SF)
Zoning code PB
APN 12-13-04-327-017
UPID US43-1555848

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

6201 Chicago Rd Warren, MI 48092
Warren metro Census 260700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2019
1 recorded transaction
2019
Price N/A

Zoning & alternative use

PB · Warren, MI
Zoning description

square ft. wall sign in which a variance was granted for on 5/24/2023. Total signage 79.46 square ft. ORDINANCES and REQUIREMENTS: Section 4A.33 - Signs Permitted in Professional Business and Special Service Districts (P…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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