Contacts
Team CORE
Team CORE
Team CORE
Property Details
- Property Type Office
- Property Size 18,301 SF
- Cap Rate % 5.7
- Parking Spaces Avail. 116
- Parking Ratio 6.34 / 1,000 SF
- Date Updated Jun 19, 2026
- $1,795,000 list price · $98.08/SF · 5.7% cap on in-place NOI
- 18,301 SF two-building medical and general office park
- $248,643 in-place annual rental income
- Three long-tenured tenants (17-36 years): ADCS Clinics, University Physicians Group, Himm Family Dentistry
- All leases include 3% annual escalators
- 6,530 SF contiguous value-add vacancy (35.7% of building)
- Stabilized NOI $214,000 post lease-up (+109%)
- Free and clear ownership · Seller land contract financing available
- 116 parking spaces (6.3 per 1,000 SF)
- Year built 1988 · Modified Gross lease structure
- Located on Newburgh Road just south of Six Mile
- Direct I-275 and I-96 access
- Adjacent to Heritage Square, Busch’s, Walgreens, Rite Aid, Big Boy
- 235,000+ residents within 5 miles · $100,000+ avg household income
- Multiple exit paths: hold, lease up, or owner-user conversion
Reach out to the broker for more info on lease terms and amenities
Getting around
-
60/100
Walk Score ®
-
73/100
Bike Score ®
Location
- City Livonia, MI
- Neighborhood Golf View Meadows
- Zip Code 48154
- Market Detroit
Points of Interest
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Bosch
0.51 miles
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Marathon
0.84 miles
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Shell
0.89 miles
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Mobil
0.96 miles
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BP
1.00 miles
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Speedway
1.17 miles
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Exxon
1.59 miles
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Costco Gasoline
1.81 miles
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Tesla Supercharger
2.36 miles
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eVgo
3.54 miles
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South Parking Lot
1.07 miles
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East Parking Lot
1.13 miles
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Center Parking Lot
1.24 miles
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North Parking Lot
1.26 miles
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Seven Mile Parking Lot
1.40 miles
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Parking Lot - Central Convent
1.53 miles
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Parking Lot - North
1.61 miles
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Parking Lot - West
1.69 miles
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Parking Lot - East
1.78 miles
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Best Western Livonia
0.39 miles
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Detroit Marriott Livonia
0.39 miles
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Courtyard Detroit Livonia
0.45 miles
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Holiday Inn Detroit Northwest - Livonia, an IHG Hotel
0.53 miles
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Fairfield Inn & Suites Detroit Livonia
0.80 miles
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TownePlace Suites Detroit Livonia
0.82 miles
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Residence Inn Detroit Livonia
0.88 miles
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Hyatt Place
1.52 miles
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Embassy Suites
1.63 miles
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Hampton
2.34 miles
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Busch's
0.13 miles
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Laurel Park Place
0.39 miles
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Kroger
1.22 miles
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Trader Joe's
1.46 miles
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Target
2.00 miles
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Kohl's
2.12 miles
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Meijer
2.26 miles
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Joe's Produce
2.40 miles
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Zerbos Health Foods
3.21 miles
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Fresh Thyme
3.58 miles