29275 Northwestern Hwy - Medical FOR SALE


Southfield, MI 48034
$4,500,000 USD
248-730-2227
29275 Northwestern Hwy, Southfield, MI for Sale
$4,500,000 USD
Medical - FOR SALE
1/14
null | 8.43% Cap Rate

Mar '25


29275 Northwestern Hwy
Southfield, MI 48034


OVERVIEW

This well situated, high quality medical office building is currently 60.9% leased to several medical office and office tenants. This investment opportunity allows an investor or operator to acquire a well-located office building priced below replacement cost.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

8.43%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Northwestern Medical Center

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

117

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

B3, Southfield

APN/PARCEL ID

24-07-351-013

ASK ABOUT THIS PROPERTY

Scott MarcusRSM Development & ManagementMore Info
248-730-2227

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Scott MarcusRSM Development & ManagementMore Info
248-730-2227

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