Offering Memorandum

Investment Sale

T12-Medical Office Building

29201 Telegraph Rd
Southfield, Michigan

eCode:083i

Sales Price

Unpriced

NOI

$1,636,641

Building Size

152,085 SF

Lot Size

7.80 AC

Year Built

1973 / Renovated 2017

Tenant Roster

  • Kresge Eye Institute
  • Ear, Nose, and Throat Consultants
  • Healox
  • Maximus, Inc.
  • Glaucoma Center of Michigan
  • New Millennium Surgery Center
  • LifeStance Health, Inc.
  • Ascend Imaging
    & many more

Traffic Count

Telegraph Rd (79,040 CPD)
12 Mile Rd (25,548 CPD)

Highlights

  • Strategic Location at Telegraph & 12 Mile Rd, Southfield MI
  • Stable Long-Term Tenancy & Credit
  • Mission-Critical Infrastructure & Parking
  • Future Upside Potential

Radius 1 mile 3 mile 5 mile
Population Density 7,785 60,783 211,280
Household Income $101,427 $130,324 $140,609
Daytime Pop 10,621 86,101 166,347

SIMILAR PROPERTIES

Single-Tenant
4007 S Saginaw St
Burton, Michigan

$1,440,441 | 10,996 SF
Single-Tenant
4101 Telegraph Rd
Bloomfield Hills, Michigan

$3,517,046 | 7,144 SF
Multi-Tenant
51347-51405 Gratiot Ave
Chesterfield Twp, Michigan

$9,696,488 | 66,964 SF
Multi-Tenant
22004-22128 Farmington Rd
Farmington, Michigan

Unpriced | 85,168 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement