Vanguard Center | ±113K SF Office | Southfield, MI

Highlights:

• ±113K SF Office Center in Southfield: Multi-tenant two-story office center situated along the W. 10 Mile Rd healthcare corridor.
• Value-Add Opportunity at ~65% Occupancy: ~36.5% vacancy across 41,305 SF creates significant lease-up upside for an incoming investor.
• Established Healthcare & Medical Corridor: Surrounded by physician practices, outpatient clinics, and hospitals along W. 10 Mile Road.
• Direct Access to I-696 and M-10 Freeway: Positioned at W. 10 Mile & Berg Rd, minutes from two major Metro Detroit highway corridors.
• Dense Submarket: 258K+ People Within 5 Miles: 5-mile average household income of $92,268 supports stable demand from a large patient base.

Description:

RealINSIGHT Marketplace, in partnership with Friedman Real Estate, is pleased to offer the exclusive marketing and sale of Vanguard Center, a ±113,000 SF multi-tenant office center located at 23800 W 10 Mile Road in Southfield, Michigan. The property features a stable in-place income stream and a compelling value-add opportunity through the lease-up of significant remaining vacancy. The two-story building sits on ±9.02 acres with ±150 parking spaces at a ratio of 4.52 per 1,000 RSF, and is zoned OS (Office Service). The asset is currently approximately 63% occupied and is expected to generate a Year 1 As-Is NOI of ±$284,660 on effective gross revenue of ±$982,963.

The tenant roster includes healthcare, counseling, and community service operators, providing a diversified income stream across multiple uses. With ±41,305 SF of vacant space remaining, investors have a clear path to materially increase cash flow through strategic lease-up targeting the well-established medical and professional services demand along the W. 10 Mile Road corridor. The property's functional medical office layouts are suitable for a range of healthcare users including physicians, specialists, and outpatient services providers.


Location Overview
Vanguard Center is located in Southfield, Michigan, a major commercial and business center in Oakland County approximately 15 miles northwest of downtown Detroit. Southfield serves as one of Metro Detroit's premier office markets, containing more than 27 million square feet of office space and functioning as a hub for financial services, legal, automotive, healthcare, and technology firms.

The property benefits from its position along the W. 10 Mile Road healthcare corridor, surrounded by numerous medical practices, outpatient clinics, and demand-generating institutions including Lawrence Technological University, Straith Hospital, and the Henry Ford Health system. The asset sits at the intersection of W. 10 Mile Road and Berg Road with direct access to Interstate 696 and M-10 Lodge Freeway, providing connectivity to downtown Detroit and the broader Oakland County employment base. The combination of accessible location, established healthcare submarket, in-place income, and significant lease-up opportunity creates a compelling auction opportunity for investors seeking a value-add medical office asset in a major suburban Detroit market.


For more information:
https://rimarketplace.com/auction/3310/office/southfield/mi?utm_source=brevitas&utm_medium=listing_paid&utm_campaign=august19_2026&utm_content=office_3310

Bidding Opens
Aug 18, 2026 12:00 AM
Bidding Ends
Aug 20, 2026 12:00 AM