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

Multi-Tenant
205 S. Greenville West Dr
Greenville, Michigan

$8,000,000 | 95,054 SF
Multi-Tenant
6303-6433 Orchard Lake Rd
West Bloomfield, Michigan

Unpriced | 143,776 SF
Multi-Tenant
10735-10755 Ravenna Rd
Twinsburg, Ohio

$9,697,500 | 115,532 SF
Multi-Tenant
30000 Telegraph Rd
Southfield, Michigan

$4,506,128 | 12,416 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement