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NOVI MEDICAL BUILDING PORTFOLIO 2 Office Properties Offered at $3,700,000 in Novi, MI
Executive Summary
The Novi Medical Building Portfolio offers investors a rare opportunity to acquire two fee-simple medical/office buildings located in one of Oakland County’s most affluent suburbs. Positioned on Novi Road, a primary retail and healthcare corridor, this portfolio consists of approximately 14,127 combined square feet across two adjacent parcels, totaling 2.49 acres. The properties feature strong tenancy anchored by Guardian Dentistry Partners, a national platform operating in 11 states with over 160 locations, providing reliable income stability.
Currently generating $348,091 annual gross income, the portfolio boasts a projected Year 1 NOI of $274,523 at a 7.42% cap rate. Offered individually or together at a portfolio price of $3,700,000, this asset delivers both immediate cash flow and long-term upside potential in a high-demand medical corridor. The site’s proximity to Twelve Oaks Mall, I-96, and Beaumont Urology Center ensures sustained tenant appeal.
Currently generating $348,091 annual gross income, the portfolio boasts a projected Year 1 NOI of $274,523 at a 7.42% cap rate. Offered individually or together at a portfolio price of $3,700,000, this asset delivers both immediate cash flow and long-term upside potential in a high-demand medical corridor. The site’s proximity to Twelve Oaks Mall, I-96, and Beaumont Urology Center ensures sustained tenant appeal.
Property Facts
| Price | $3,700,000 | Number of Properties | 2 |
| Price / SF | $261.91 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 14,127 SF |
| Status | Active | Total Land Area | 1.66 AC |
| Price | $3,700,000 |
| Price / SF | $261.91 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 14,127 SF |
| Total Land Area | 1.66 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 23895 Novi Rd, Novi, MI 48375 | Office | 8,127 SF | 1993 | - |
| 23875 Novi Rd, Novi, MI 48375 | Office | 6,000 SF | 1993 | - |
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