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24450 Evergreen Rd
Southfield, MI 48075 Southfield

$3,400,000 USD

Office For Sale  •  33,600 SF

Property Details

  • Property Type Office
  • Total Building Size 33,600 SF
  • Lot Size 5.39 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 8.01 %
  • Tenancy Multiple
  • Zoning OS
30 Transit Score
50 Walk Score

Highlights

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

Property Flyers

Cap Rate: 8.01 %

Major Tenants

Tenant SF Occupied Lease End Date
A&M Hair Recovery
Elassal & Associates
Forrest Law
Hi Tech Rehab
K.L.E.A.C.
Majestic Image & Travel
Northland Family Planning Centers
Oakland Physical Therapy
Red Carpet Title Agency LLC
Turning Pointe Day Program

Amenities

  • Property Manager on Site

Public Transportation

Commuter RailDriveWalkDistance
13 min - 7.7 mi
18 min - 8.6 mi
AirportDriveWalkDistance
Windsor International 45 min - 24.7 mi
Detroit Metro Wayne County 40 min - 25.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 150
Type: Surface
Included in Rent: Yes
Phillip Myers 586-242-4047 P.A. Commercial, LLC
Phillip Myers 586-242-4047 P.A. Commercial, LLC