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Office Property For Sale

Quadrangle Professional Office Building

29800- 29880 Telegraph Rd., Southfield, MI 48034

Price:
$2,400,000
Building Size:
22,000 SF
Price/SF:
$109.09
Property Type:
Office
Property Sub-type:
Office Building
Property Use Type:
Investment
Commission Split:
3%
Cap Rate:
10%
Occupancy:
100%
Tenancy:
Multiple
Lot Size:
2.50 AC
Find Out More...

Last Verified 10/22/2009 Listing ID 15649105

Description

Professional one story brick Office building situated in a comfortable campus style setting with easy access to all major highways. Individual entrances with drive up parking and operable windows. Owner built and managed. Long term leases and tenants. Excellent 10-31 exchange opportunity.

Located on Telegraph Rd. in the heart of Oakland County with easy access to all major freeways including I-696, I-275 and Northwestern highway. Oakland County's 2006 median family income was approx. $84,846 with a population equal to approx. 1,214,255.

Attachments

Property Flyer(329 KB)
Demographics(126 KB)

Financial Summary

Actual
Net Operating Income
$240,000

Map of 29800- 29880 Telegraph Rd., Southfield, MI 48034 (Oakland County)

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Presented by

Beachum & Roeser

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Contact Listing Broker

Bill Beachum (248) 647-7500

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Created 4/4/2008

Additional Information for 29800 Telegraph Road, Southfield, MI 48034

Active For Sale - 2 Listings
Active For Lease - 1 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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