Your email has been sent.
1050 Corporate Office Dr 3,418 SF Retail Condo Unit Offered at $975,000 in Milford, MI 48381
Executive Summary
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%
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 8.21% |
| Sale Type | Investment |
| Cap Rate | 8.21% |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit Unit 6 | 3,418 SF | Retail | $975,000 ($285.25/SF) | $80,000 |
Unit Unit 6
| Unit Size |
| 3,418 SF |
| Condo Use |
| Retail |
| Price |
| $975,000 ($285.25/SF) |
| NOI |
| $80,000 |
Unit Unit 6
| Unit Size | 3,418 SF |
| Condo Use | Retail |
| Price | $975,000 ($285.25/SF) |
| NOI | $80,000 |
| Sale Type | Investment |
| Cap Rate | 8.21% |
| 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 | |
| For sale.</li></ul> |
Property Facts
| Total Building Size | 3,418 SF | Typical Floor Size | 3,418 SF |
| Property Type | Office (Condo) | Year Built | 1998 |
| Property Subtype | Office | Lot Size | 0.80 AC |
| Building Class | B | Parking Ratio | 21.94/1,000 SF |
| Floors | 1 | ||
| Zoning | B1 - Commercial | ||
| Total Building Size | 3,418 SF |
| Property Type | Office (Condo) |
| Property Subtype | Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 3,418 SF |
| Year Built | 1998 |
| Lot Size | 0.80 AC |
| Parking Ratio | 21.94/1,000 SF |
| Zoning | B1 - Commercial |
Amenities
- Kitchen
- High Ceilings
- Natural Light
Presented by
1050 Corporate Office Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.