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23280 Farmington Rd
Farmington, MI 48336
Office Property For Sale
Investment Highlights
- Established chiropractic tenant with lease term through June 30, 2031.
- Freestanding office building with prominent exterior signage.
- On-site parking and accessible building entrance.
- Current rental income reported at $5,175 per month.
- Turnkey layout includes reception area, treatment rooms, and private offices.
- Please do not contact the tenant or visit the property without a confirmed appointment.
Executive Summary
23280 Farmington Road presents the opportunity to acquire a single-tenant office investment in Farmington, Michigan. The property is occupied by an established chiropractic practice with a lease extending through June 30, 2031, providing in-place tenancy and ongoing rental income. The current rental income is reported at $5,175 per month on a modified-net basis.
The freestanding office building offers professional curb appeal, prominent exterior signage, on-site parking, and an accessible entrance. The interior is configured for chiropractic and wellness operations, featuring a reception area, treatment rooms, and private offices. This existing layout may appeal to investors seeking a stabilized healthcare-oriented office asset with a long-term tenant in place.
The property benefits from a location along Farmington Road near Downtown Farmington, providing access to surrounding commercial services, professional offices, restaurants, and community amenities. Its proximity to Grand River Avenue supports regional connectivity and accessibility for employees and visitors. The combination of a leased medical-office user, visible roadway presence, and established suburban location positions the asset as a single-tenant investment opportunity within the Farmington market.
The freestanding office building offers professional curb appeal, prominent exterior signage, on-site parking, and an accessible entrance. The interior is configured for chiropractic and wellness operations, featuring a reception area, treatment rooms, and private offices. This existing layout may appeal to investors seeking a stabilized healthcare-oriented office asset with a long-term tenant in place.
The property benefits from a location along Farmington Road near Downtown Farmington, providing access to surrounding commercial services, professional offices, restaurants, and community amenities. Its proximity to Grand River Avenue supports regional connectivity and accessibility for employees and visitors. The combination of a leased medical-office user, visible roadway presence, and established suburban location positions the asset as a single-tenant investment opportunity within the Farmington market.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,373 SF
Building Class
B
Year Built
1960
Price
$649,000
Price Per SF
$192.41
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,373 SF
Building FAR
0.31
Lot Size
0.25 AC
Zoning
CBD - Central Business District
Parking
14 Spaces (4.15 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Wheelchair Accessible
- Central Heating
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 23-27-301-048 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $206,250 |
Property Taxes
Parcel Number
23-27-301-048
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$206,250
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