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1050 Corporate Office Dr
Milford, MI 48381

$1,075,000 USD

Office Condo For Sale  •  3,418 SF

Property Details

  • Property Type Office
  • Total Building Size 3,418 SF
  • Lot Size 0.8 AC
  • Building Class B
  • Year Built 1998
  • Tenancy Multiple
  • Zoning B1
0 Transit Score
11 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit Unit 6 Retail 3,418 SF $1,075,000 USD
  • Unit Size: 3,418 SF
  • Condo Use: Retail
  • Price: $1,075,000 USD
  • Sale Type: Investment
  • Price/SF: $314.51 USD
Description
Investment for Sale! Milford Corporate Office Park! 1050 Corporate Office Drive, Suite #6, offers a prime opportunity with long-term stability from a 20-year tenant. The current lease has 3 years remaining, with renewal cycles typically structured in 5-year terms. This Class A, all-brick office building with a pitched roof was built in 1998 and has been extensively updated with a new roof (2025) and full remodel (2023). The suite features 7 exam rooms, 1 procedure room, 1 lab, 1 X-ray room, 2 offices, a welcoming lobby/waiting area, kitchenette, and separate men’s and women’s restrooms. Conveniently located between I-96 and Downtown Milford, the property provides easy access for employees and clients from Novi, Brighton, Wixom, South Lyon, Livonia, Flint, Howell, Fenton, Pontiac, Auburn Hills, and Farmington Hills. Milford is an outstanding community to live and work, combining small-town charm with big-city accessibility. Don’t miss this secure, income-producing investment!

Sale Notes
For sale.

Description 

Investment for Sale! Milford Corporate Office Park! 1050 Corporate Office Drive, Suite #6, offers a prime opportunity with long-term stability from a 20-year tenant. The current lease has 3 years remaining, with renewal cycles typically structured in 5-year terms. This Class A, all-brick office building with a pitched roof was built in 1998 and has been extensively updated with a new roof (2025) and full remodel (2023). The suite features 7 exam rooms, 1 procedure room, 1 lab, 1 X-ray room, 2 offices, a welcoming lobby/waiting area, kitchenette, and separate men’s and women’s restrooms. Conveniently located between I-96 and Downtown Milford, the property provides easy access for employees and clients from Novi, Brighton, Wixom, South Lyon, Livonia, Flint, Howell, Fenton, Pontiac, Auburn Hills, and Farmington Hills. Milford is an outstanding community to live and work, combining small-town charm with big-city accessibility. Don’t miss this secure, income-producing investment! Cap Rate @ list price approx ~8%

Financial Summary

Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Henry Ford Health

Amenities

  • Kitchen
  • High Ceilings
  • Natural Light

Public Transportation

AirportDriveWalkDistance
Detroit Metro Wayne County 45 min - 37.6 mi
Bishop International 59 min - 38.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Drake Temple 248-760-3590 Novak Temple Real Estate
Drake Temple 248-760-3590 Novak Temple Real Estate