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16826-16824 Newburgh Rd 18,301 SF 64% Leased Office Building Livonia, MI 48154 For Sale 8.49% Cap Rate
EXECUTIVE SUMMARY
• East building: 16836-16846 Newburgh Road
• Located on the east side of Newburgh Road, just south of 6 Mile
• Two building general and medical office park
• Two building total: 18,301 SF
• 116 parking spots for both buildings
• Most patients/patrons have immediate access to the tenant’s entrance areas
• Lease available: 6,530 SF (can be divided)
• 8.49% Cap Rate Owner User Potential
• $200-$250K NOI Owner User Potential
• Land contract available
• Sale Price: Contact Agent
PROPERTY FACTS
AMENITIES
- Signage
- Central Heating
- Wi-Fi
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
• West building: 16826-16824 Newburgh Road • East building: 16836-16846 Newburgh Road • Located on the east side of Newburgh Road, just south of 6 Mile • Two building general and medical office park • Two building total: 18,301 SF • 116 parking spots for both buildings • Most patients/patrons have immediate access to the tenant’s entrance areas • Lease available: 6,530 SF (can be divided) • 8.49% Cap Rate Owner User Potential • $200-$250K NOI Owner User Potential • Land contract available • Sale Price: Contact Agent
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,000-6,530 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 2,000-6,530 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 2,000-6,530 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
• West building: 16826-16824 Newburgh Road • East building: 16836-16846 Newburgh Road • Located on the east side of Newburgh Road, just south of 6 Mile • Two building general and medical office park • Two building total: 18,301 SF • 116 parking spots for both buildings • Most patients/patrons have immediate access to the tenant’s entrance areas • Lease available: 6,530 SF (can be divided) • 8.49% Cap Rate Owner User Potential • $200-$250K NOI Owner User Potential • Land contract available • Sale Price: Contact Agent
PROPERTY TAXES
| Parcel Number | 46-066-99-0005-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,189,600 |
PROPERTY TAXES
Presented by
16826-16824 Newburgh Rd
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