Contacts

NAI Farbman
Property Details
- Property Type Office - General Office
- Property Size 3,867 SF
- Parking Spaces Avail. 14
- Building Class B
- Year Built 1957
- Year Renovated 2010
- Date Updated Apr 23, 2025
Reach out to the broker for more info on lease terms and amenities
Highlights
- 8.5% Cap Rate Single Tenant Investment
- Longstanding Tenant (7 years) Renewed Lease (5 years) on 11-1-2022
- Prime Frontage on 8 Mile Road with Extremely High Traffic Counts
- Fantastic Central Location Near Area Freeways
- Ample Commercial Visibility
- Annual Rent Escalations Throughout Lease Term
- Limited Landlord Responsibilities
- Asking Price: $330,000.00
Getting around
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Walk Score ®
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Bike Score ®
Location
- City Oak Park, MI
- Zip Code 48237
- Market Detroit
Points of Interest
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CDM Transport LLC
2.05 miles
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Royal Oak
3.48 miles
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Troy
6.72 miles
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Grand Boulevard
7.59 miles
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Baltimore Street
7.73 miles
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Detroit
7.77 miles
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Amsterdam Street
7.91 miles
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Ferry Street
8.28 miles
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Warren Avenue
8.53 miles
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Canfield Street
8.91 miles
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BP
0.02 miles
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Citgo
0.07 miles
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Marathon
0.35 miles
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Exxon
0.51 miles
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Mobil
0.95 miles
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Shell
1.02 miles
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Ferndale Public Library
2.68 miles
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Tesla Supercharger
3.27 miles
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EV Charging LLC
6.06 miles
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EVgo
6.40 miles
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MRC parking lot
2.16 miles
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10 Mile Parking Lot
2.54 miles
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US Post Office Parking lLot
2.59 miles
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Church parking lot
2.60 miles
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Parking Lot E
2.60 miles
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Parking Lot G
2.60 miles
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Parking Lot D
2.66 miles
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Parking Lot C
2.68 miles
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Lawrence C. Falvey Parking Lot
2.70 miles
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Vistor Parking Lot A
2.72 miles
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Baymont Ferndale/Royal Oak
0.60 miles
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Cranbrook Inn
0.98 miles
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Plaza Hotel
1.59 miles
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Comfort Suites
3.56 miles
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Hilton Veterinary Clinic of Ferndale
3.57 miles
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Holiday Inn Express & Suites Southfield
3.61 miles
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Hyatt Place
3.74 miles
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The Westin Southfield Detroit
3.83 miles
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Fontaine Motel
4.10 miles
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Riviera Motel Detroit
4.13 miles
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Glory Supermarket
0.94 miles
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Kroger
1.10 miles
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Savon Foods
1.23 miles
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ALDI
1.42 miles
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Farmer's Best Grocery Store
1.81 miles
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Liberty Food Center
2.11 miles
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Mike's Fresh Market
2.20 miles
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Ferndale Foods
2.29 miles
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Western Market
2.32 miles
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8 Mile Foodland
2.36 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

NAI Farbman