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1050 Corporate Office Dr 3,418 SF Office/Medical Condo Unit Offered at $975,000 in Milford, MI 48381
Investment Highlights
- CAP RATE 8.19% | 20 - YEAR TENANT HISTORY | NEW ROOF 2025 | REMODEL 2023
Executive Summary
CAP RATE 8.19% | 20 - YEAR TENANT HISTORY | NEW ROOF 2025 | REMODEL 2023. 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!
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 8.19% |
| Sale Type | Investment |
| Cap Rate | 8.19% |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 6 | 3,418 SF | Office/Medical | $975,000 ($285.25/SF) | $79,852.50 |
Unit Unit 6
| Unit Size |
| 3,418 SF |
| Condo Use |
| Office/Medical |
| Price |
| $975,000 ($285.25/SF) |
| NOI |
| $79,852.50 |
Unit Unit 6
| Unit Size | 3,418 SF |
| Condo Use | Office/Medical |
| Price | $975,000 ($285.25/SF) |
| NOI | $79,852.50 |
| Sale Type | Investment |
| Cap Rate | 8.19% |
| 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!</li></ul> | |
| Sale Notes | |
| CAP RATE 8.19% | 20 - YEAR TENANT HISTORY | NEW ROOF 2025 | REMODEL 2023. For sale.</li></ul> |
Property Facts
Amenities
- Wheelchair Accessible
- Air Conditioning
Presented by
1050 Corporate Office Dr
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