26400 Lahser Rd - Medical FOR SALE


Southfield, MI 48033
$26,250,000 USD
313-303-7263
26400 Lahser Rd, Southfield, MI for Sale
$26,250,000 USD
Medical - FOR SALE
1/14
null | 8% Cap Rate

NEW


26400 Lahser Rd
Southfield, MI 48033


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$26,250,000 USD

PRICE/SF

$241 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Lahser Center I & II

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Telecom Hotel/Data Hosting, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

450

LAND DETAILS

LAND ACRES

4.87 AC

LAND SF

212,137 SF

ZONING

BI

APN/PARCEL ID

24-22-151-012

ASK ABOUT THIS PROPERTY

Brandon CurrySignature Sotheby's International RealtyMore Info
313-303-7263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brandon CurrySignature Sotheby's International RealtyMore Info
313-303-7263

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.