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18311 W 10 Mile Rd
Southfield, MI 48075
Office Property For Sale

Investment Highlights

  • Long-term leases in place providing immediate income security.
  • Fiber connectivity and heavy power capacity ideal for modern business operations.
  • Close proximity to retail, dining, and business amenities supporting tenant satisfaction.
  • Updated building systems include roof replacement and resurfaced gated parking.
  • Situated in a central location with quick access to I-696, M-10, Northwestern Highway, and Telegraph Road.

Executive Summary

This two-story office property offers an exceptional investment opportunity in the thriving Southfield business district. With a gross building size of 24,705 square feet on 0.89 acres, the asset is designed to attract professional firms and corporate users seeking stability and future growth. The building features multiple long-term leases already in place, creating immediate income potential for an owner/investor while preserving flexibility for future repositioning.
Recent property improvements, such as a newer roof and a resurfaced gated parking lot, support long-term operational efficiency. The building infrastructure includes fiber connectivity and heavy power capabilities, essential for technology-driven operations. Strategically located near major thoroughfares including I-696, M-10, Northwestern Highway, and Telegraph Road, the property provides convenient connectivity to Detroit and surrounding suburban markets. Offered at $2,350,000, this site presents a compelling value proposition in a high-demand office corridor.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
24,705 SF
Building Class
B
Year Built
1975
Price
$2,350,000
Price Per SF
$95.12
Percent Leased
98%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
12,352 SF
Slab To Slab
10’
Building FAR
0.64
Lot Size
0.89 AC
Zoning
OS-1 - Commercial Zoned District
Parking
105 Spaces (4.36 Spaces per 1,000 SF Leased)

Amenities

  • Security System
  • Signage
  • Reception
  • Storage Space
  • Air Conditioning
  • Smoke Detector

About 18311 W 10 MILE RD , SOUTHFIELD, MI 48075

18311 W Ten Mile delivers a professional office environment enhanced by modern building systems and recent capital upgrades. The property offers a small suite available for occupancy, ideal for boutique businesses or service-oriented users. Tenants benefit from fiber and robust power infrastructure, ensuring reliable connectivity for data-intensive operations. The building’s gated parking lot, with updated surface and a parking ratio over 4 spaces per 1,000 SF, ensures ease of access and security for employees and visitors. Located just minutes from I-696 and major regional routes, the property provides convenient access to the Detroit metro area. The central Southfield location positions tenants near a dense network of corporate offices, retail centers, and hospitality venues.

Property Taxes

Property Taxes

Parcel Number
24-26-226-001
Land Assessment
$109,730
Improvements Assessment
$719,150
Total Assessment
$828,880
  • Listing ID: 17776473

  • Date on Market: 11/20/2019

  • Last Updated:

  • Address: 18311 W 10 Mile Rd, Southfield, MI 48075

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