41000 W 7 Mile Rd | Northville, MI 48167
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41000 W 7 Mile Rd
Northville, MI 48167
Office/Medical Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- Great investment opportunity at fully occupied building.
- 11 unit income generating property.
- Perfect location right off 7 Mile Road.
EXECUTIVE SUMMARY
Rare opportunity to own a fully occupied Office/Medical Commercial property in the heart of Northville Township. This 11 unit income generating property has nearly 27,000 SF office space. It is located near 275 north of 7 mile in an area with new development which makes the perfect location for investors and operators. Zoned Office Service District.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
26,950 SF
Building Class
B
Year Built/Renovated
1984/2005
Price
$3,999,999
Price Per SF
$148
Cap Rate
7.28%
NOI
$291,069
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
13,475 SF
Slab To Slab
11’
Building FAR
0.74
Lot Size
0.84 AC
Zoning
OS - Office-Service District
Parking
116 Spaces (4.3 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $2,057,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,057,500
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