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8 Mile Complex 14500 W 8 Mile Rd 24,189 SF 100% Leased Office Building Oak Park, MI 48237 $1,090,000 ($45.06/SF)
Executive Summary
PERFECT LOCATION OAK PARK / 100 FEET FRONTAGE ON 8 MILE/ THREE FLOORS OFFICE BUILDING OVER 24000 SQFEET WITH MORE THAN 25 OFFICE SPACES/ELEVATOR/ PARKING LOT FOR ABOUT 150 CARS/ LOTS OF UPDATES
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
24,189 SF
Building Class
C
Year Built
1966
Price
$1,090,000
Price Per SF
$45.06
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,338 SF
Slab To Slab
10’
Building FAR
0.80
Lot Size
0.69 AC
Opportunity Zone
Yes
Zoning
LI - PERFECT LOCATION OAK PARK / 100 FEET FRONTAGE ON 8 MILE/ THREE FLOORS OFFICE BUILDING OVER 24000 SQFEET WITH MORE THAN 25 OFFICE SPACES/ELEVATOR/
Parking
70 Spaces (3.68 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- B NBM Group LLC
- Professional, Scientific, and Technical Services
- -
- -
- -
- Ivory Tax Service Inc
- Professional, Scientific, and Technical Services
- -
- -
- -
- Marks One Car Rental
- Rental and Leasing Services
- -
- -
- -
-
- Finance and Insurance
- -
- -
- -
Primerica began in 1977 when Art Williams created a company focused on term life insurance. The firm expanded through acquisitions and became independent in 2010. Primerica provides term life insurance, mutual funds, annuities, and retirement plans through independent representatives. They emphasize financial education for middle-income families. The company operates in both the United States and Canada, maintaining a significant market presence in North America.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| B NBM Group LLC | Professional, Scientific, and Technical Services | - | - | - | ||
| Ivory Tax Service Inc | Professional, Scientific, and Technical Services | - | - | - | ||
| Marks One Car Rental | Rental and Leasing Services | - | - | - | ||
|
|
Finance and Insurance | - | - | - |
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Property Taxes
| Parcel Number | 25-31-451-009 | Improvements Assessment | $232,100 |
| Land Assessment | $45,700 | Total Assessment | $277,800 |
Property Taxes
Parcel Number
25-31-451-009
Land Assessment
$45,700
Improvements Assessment
$232,100
Total Assessment
$277,800
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8 Mile Complex | 14500 W 8 Mile Rd
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