28711 W. 8 Mile

Office for Sale
Catylist Listing ID: 30330532
Property Subtypes: Medical
Building Size (RSF): 9,895 SF
Gross Building Area: See Agent
Sale Price: $950,000
Unit Price: $96.01 PSF
Property Use Type: Investment
Class of Space: Class C
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/29/2019

Overview / Comments

Excellent investment/owner-user opportunity with two existing leases in place.
9,895 square foot building with on-site parking
High visibility off busy 8 mile road with a traffic flow of 20,000 VPD
Within one half mile from Grand River Avenue (Traffic flow of 51,000 VDP)
Located less than 1/4 mile from Beaumont
84 parking open surface spaces
Monument signage

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 46-0020-2050-000
Parking Description: 84 free Surface Spaces are available; Ratio of 8.48/1,000 SF

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,525 106,512 289,273
Median Age: 39.57 41.3 41.05
Households: 6,118 44,449 119,043
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