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T12 Medical Office Building

$19,428,718

29201 Telegraph Road, Southfield, MI 48034

Active
Last Updated: 11/03/2026

8.5

Cap Rate

1,651,441

NOI

Details:
Cap Rate:    8.5%
NOI:    $1,651,441
Building Size:    151,515 sqft
Lot Area:    7.8 acres
Occupancy:    94.52%
Year Built:    1973
Tenancy:    Multiple
Year Last Renovated:    2017
Highlights:
  • 95% Healthcare Tenancy
  • Established Tenancy and Lease Commitments
  • Strategic Location and Patient Access
  • Specialized Medical Infrastructure
  • Value Creation and Expansion Potential
Description:

Landmark Investment Sales is pleased to present T12 Medical Office Building in Southfield, Michigan. At 94.5% occupied, the medical office building presents a stable investment opportunity while also allowing a buyer the ability to increase rents over time. The subject property wraps the highly trafficked Telegraph and 12 Mile intersection of Southfield which benefits from the easy access to three major freeway systems. This asset represents a rare combination of location, infrastructure, and tenancy stability in a healthcare-centric corridor of Southfield.

Map:
Documents:
Title
083i_T12_Medical_Office_Building-Southfield__MI-OM.pdf
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Location
Gallery