Lahser Center I & II 26400 Lahser Rd

108,903 SF 90% Leased Office Building Southfield, MI 48033 $26,250,000 ($241/SF) 8% Cap Rate

INVESTMENT HIGHLIGHTS

  • Prime Location in the heart of Metro Detroit
  • Over 90% Occupancy rate with a diverse and successful clientele on long term leases
  • Beautiful buildings with fresh upgrades inside and out

EXECUTIVE SUMMARY

Conveniently located in the Detroit MSA within the Southfield Submarket, Lahser Center is considered a Class-B property, on the higher end, with a very high level of quality. Lahser Center tenants enjoy suites with high end finishes and ample space to maximize their best work. The Center is split into a beautiful 100,000 square foot, 4 story building (Lahser One) and a 75,000 square foot 3 story building (Lahser Two), the Lahser Center campus has now achieved over 90% occupancy rate with well-capitalized and diverse tenants.
New elevators, remodeled lobby and a landscape refreshing show beautifully on the property. A building conference center and a grab-and-go cafeteria are just a few of the amazing upgrades made on the campus in the last 5 years.
Located conveniently to the major freeways in the area and boasting a variety of restaurants and convenience within walking or driving distance, the campus is a huge draw to tenants and commerce. Highly visible signage and a massive parking lot. This is a unique opportunity to own a wonderful, successful property, please don’t hesitate with any questions, this campus won’t last long.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
108,903 SF
Building Class
B
Year Built/Renovated
1975/2007
Price
$26,250,000
Price Per SF
$241
Cap Rate
8%
NOI
$2,100,000
Percent Leased
90%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
27,225 SF
Slab To Slab
11’
Building FAR
0.51
Lot Size
4.87 AC
Zoning
BI - Commercial
Parking
450 Spaces (4.13 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Convenience Store
  • Food Service
  • Property Manager on Site
  • Signage
  • Central Heating
  • Drop Ceiling
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • -
  • Jan 0000

The Baker Group is a broad-based Wealth Management practice specializing in Investment Management, Business/Executive Benefits, Financial and Estate Planning. Through our relationship with Kestra Financial, we have access to industry leaders that deliver benefit solutions for companies of all sizes, with a focus on the middle market, and in the delivery of Life Insurance and Wealth Transfer solutions for high net worth individuals. A leading independent broker/dealer, Kestra Investment Services also offers a full range of options from some of the nation's top investment companies.

  • Manufacturing
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

HellermannTyton is a global manufacturer of cable management, identification and network connectivity solutions which are recognized and used in mission critical applications worldwide. An entrepreneurial atmosphere and culture of innovation provide the foundation for world class product developments leading to high sales growth year over year. HellermannTyton's mission is to provide innovative solutions, with customer satisfaction as our first priority. We aspire, through global leadership and quality products that add value to electrical and communication networks, to be the customers'? partner of choice. We aim to achieve world class operational excellence for the benefit of our customers, our employees and the interaction of our business with the environment.

  • Finance and Insurance
  • -
  • $9.99
  • Lorem Ipsum
  • -

Michigan Evaluation Group (M.E.G) specializes in worker’s compensation, auto no-fault, general disability, and liability claims. Our physicians are from various specialties who will provide a detailed picture of an individual’s medical status upon evaluation. The M.E.G. staff is comprised of former claims professionals seeking to provide each of our clients with a detailed and comprehensive report that enables them to better evaluate their claims. It is our policy that every service specialist render their own independent and unbiased opinion based upon the merits of each case. M.E.G takes pride in providing the independent expert with the necessary support and services to insure the delivery of a quality independent evaluation and / or file review.

  • Educational Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Every day their clients help people around the world develop their skills and gain important credentials. They help millions of test takers to realize their career dreams, reach their potential and improve their life chances. They share that responsibility and understand every test is about more than the result. It’s about a dream. A dream the test taker believes is worth working for. And PSI Testing Excellence believes that too. From test design and exam development to test day support and everything in between, they focus all their efforts on the test taker. Which is why they work tirelessly. Without shortcuts, without half-measures and without excuses. To maintain scientific precision. To make sure the latest leaps in technology and operational expertise are on the side of their dreams. To do justice to the hard work and commitment of every test taker and every client. Because without integrity like theirs, it’s not the same test.

  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Rutledge & Tinaj, PLLC is a well-known personal injury law firm whose reputation is built on trust. Our attorneys uphold the highest standards of ethical conduct and integrity. Todd P. Rutledge and Ervin G. Tinaj have represented clients in all types of accident, injury, and wrongful death claims in courts throughout the State of Michigan, and most frequently in the counties of Wayne, Macomb, Oakland, Genesee, Washtenaw, Monroe and Livingston. Our Firm has also represented clients in the U.S. Federal Court, Eastern District of Michigan, and Western District of Michigan. We understand that dealing with a serious injury—either that of your own or a loved one—can create a great deal of stress and anxiety. We are here to help you get through this difficult time. We will provide you with the step-by-step guidance you need to overcome the consequences.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - - - Jan 0000
Manufacturing - $9.99 Lorem Ipsum Jan 0000
Finance and Insurance - $9.99 Lorem Ipsum -
Educational Services - - Lorem Ipsum Jan 0000
Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 100
  • 6,950 SF
  • Office
  • Full Build-Out
  • Now
  • 2nd Fl-Ste 225
  • 1,250 SF
  • Office
  • Shell Space
  • Now
  • 3rd Fl-Ste 310
  • 3,950 SF
  • Office
  • Partial Build-Out
  • Now
  • 3rd Fl-Ste 340
  • 2,985 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 100 6,950 SF Office Full Build-Out Now
2nd Fl-Ste 225 1,250 SF Office Shell Space Now
3rd Fl-Ste 310 3,950 SF Office Partial Build-Out Now
3rd Fl-Ste 340 2,985 SF Office Full Build-Out Now

1st Fl-Ste 100

Size
6,950 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 225

Size
1,250 SF
Space Use
Office
Condition
Shell Space
Available
Now

3rd Fl-Ste 310

Size
3,950 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 340

Size
2,985 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

  • Listing ID: 34830274

  • Date on Market: 2/14/2025

  • Last Updated:

  • Address: 26400 Lahser Rd, Southfield, MI 48033