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Informations principales sur l'investissement

  • 33,600 SF Multi-Tenant Office Building on 1.80 Acres -adjacent 3.59-acre parcel is also for sale, providing expansion potential
  • NOI of USD $272,388.15 | Attractive 8.01% CAP Rate
  • A diverse mix of professional, medical, and service-oriented tenants provides income stability
  • 88% Occupied: Strong In-Place Income with Upside Potential
  • Recent capital improvements include a new roof in 2022 and high-efficiency HVAC system in 2025
  • Strategically Located in Southfield’s Core Business Corridor

Résumé analytique

A rare opportunity to acquire a 33,600 SF office property in the heart of Michigan’s premier business hub - stabilized income today with clear upside tomorrow.
Positioned in one of metro Detroit’s most established office corridors, the 33,600 SF multi-tenant office building at 24450 Evergreen Road presents a stabilized investment opportunity with meaningful upside. The property is 88% occupied by a diverse mix of professional, medical, and service-oriented tenants, generating strong in-place income with the ability to enhance returns through lease-up and strategic repositioning.
The asset has benefited from significant recent capital improvements totaling approximately $600,000, including a full roof replacement in 2022 and the installation of a high-efficiency HVAC system with air balancing and digital controls in 2025. These upgrades materially reduce near-term capital expenditure risk while improving operational efficiency and tenant comfort— key drivers of long-term occupancy and retention.
Situated on a 1.80-acre site, the building offers flexible suite configurations that appeal to a broad tenant base, supported by abundant natural light, efficient
layouts, and professional on-site management. In addition to the existing income stream, investors have the rare opportunity to acquire the adjacent 3.59-acre parcel, providing future expansion or redevelopment potential in a high-demand submarket.
Supported by over 147,000 daytime employees within a five-mile radius and immediate access to major thoroughfares, this offering combines stability, scalability, and long-term growth potential through lease-up and strategic repositioning.

Informations sur l’immeuble

Prix 3 402 451 €
Prix/m² 1 090 € / m²
Type de vente Investissement
Statut Actif
Nb de biens 2
Individuellement en vente 2
Surface totale de l’immeuble 3 122 m²
Surface totale du terrain 3,63 ha

Biens

Nom du bien/adresse Type de bien Surface Année de construction Prix individuel
Evergreen Office Building
24450 Evergreen Rd, Southfield, MI 48075
Bureau 3 122 m² 1971 2 928 692 €
24202-24346 Evergreen Road Rd, Southfield, MI 48075 Terrain 1,45 ha - 473 759 €
Afficher plus > < Afficher moins
  • ID de l’annonce: 40250303

  • Date de mise sur le marché: 22/04/2026

  • Dernière mise à jour:

  • Adresse: Office Investment & Land for Expansion, Southfield, MI

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