12,550 SF Office Building Investment in Southland Mall Area | 100% Occupied, 9% CAP

$2,400,000

20332 Eureka Road, Taylor, MI 48180

For Sale

Office Building

Active

Last Updated: 10/15/2024

Details:

Building Size: 13,013 sqft

Class: C

Year Built: 1994

Floors: 1

Parking Spots: 76

Offered by

Dan Blugerman

Senior Associate

P.A. Commercial

Request Info to Unlock

Highlights:

MOB/Investment
100% Occupied with long-term tenants
9% CAP
Private entrances in front and rear
Lower level w/ elevator access
Monument sign
Excellent location at I-75/Eureka exit

Description:

Eureka Professional provides the real estate investor an outstanding opportunity! Stable income from established tenants and top-quality property. The “Downriver” submarket serves Southern Wayne County with an epicenter of Southfield Mall, which is nearby on Eureka Rd. The property features private entrances in the front and rear, ample parking, and a basement with elevator access. Current NOI is $195,250 Current tenants include Oakcrest Dental, Corewell Health, Michigan Guardian Services, and Lanzetta Orthodontics, and Illuminate ABA Therapy.

Located on the north side Eureka Road, just east of I-75. Surrounded by residential neighborhoods, major retail stores, and close to Southland Mall. Southern Wayne County Downriver area residents associate Eureka Rd as “Main Street” and this professional office building offers a convenient yet non-congested location.

Separately metered gas and electric

Southland Mall, Bank of America, Bob Evans, Menards, Golden Corral, and many others

27C49 TO 59 LOTS 49 TO 59 INCL ALSO ADJ VAC ALLEY 20 FT WD ALSO ADJ VAC MAYFAIR AVE 50 FT WD ALSO W 1/2 OF ADJ VAC WEDDEL AVE 60 FT WD ME-CA-NO-SA-GARDEN ACRES SUB T3S R10E L58 P7 WCR