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    FOR LEASE
    Medical Office Space

    7521 N Telegraph Rd 3, Newport, MI 48166

    3,928 SF 0.78 ac lot Built 1972
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-1827058
    Property summary
    AI-generated overview

    This exceptional single-tenant medical office building, located at 7521 N Telegraph Suite 2, Newport, MI 48166, offers 3,968 square feet of versatile space. Situated on a 0.78-acre lot in Monroe County, this property boasts high visibility and excellent street exposure, making it ideal for a variety of businesses. Built in 1972, the building is well-maintained and ready for immediate occupancy. The property is perfect for medical professionals or office-based operations seeking a prominent location with high traffic. The flexible space allows for customization to suit individual business needs, ranging from smaller suites to the entire 3,968 square foot building. This is a Modified Gross Lease opportunity. The property's location in Newport, Michigan offers easy access to major roadways, ensuring convenient commutes for employees and clients. The high-traffic area guarantees significant exposure for your business, attracting a large customer base. This is a rare opportunity to secure a well-established and highly visible commercial property in a thriving community. The property is classified as both Office and Land, providing ample space for both indoor operations and potential outdoor expansion or parking. The single-tenant setup offers simplicity and control, making it an attractive option for businesses seeking a dedicated space.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1972
    Total area 3,928 SF
    Lot 0.78 ac (33,977 SF)
    APN 07-009-009-00
    UPID US43-1827058
    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
    • Self & Family Counseling Physician Medical Clinic
    • Self & Family Counseling: Hutchison Ralph Physician Medical Clinic
    • Paul Mikels Foster Care Service Social Service Agency
    • Ms. Patricia Bowersox Foster Care Service Social Service Agency
    • Renee Harris Physician
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    DONA DANILO & LOURDES TRUST
    DONA DANILO & LOURDES TRUST
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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