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23800 W 10 Mile Rd
Southfield, MI 48033
Vanguard Center · Office Property For Sale
Investment Highlights
- ±113,000 SF medical office park located along W. 10 Mile Road.
- Positioned within an established medical corridor with surrounding healthcare users.
- Excellent regional access via I-696 and M-10 (Lodge Freeway).
- Value-add investment with below-market occupancy and lease-up upside.
- Strong demographic profile supported by dense residential and daytime population.
- Consistent demand drivers from nearby medical and professional users.
Executive Summary
Vanguard Center presents a compelling value-add medical office investment opportunity in the heart of Southfield’s established healthcare corridor. The ±113,000 SF medical office park is strategically positioned along the highly trafficked W. 10 Mile Road, offering strong visibility and accessibility. Current below-market occupancy provides investors with the ability to drive revenue growth through lease-up and operational improvements.
Surrounded by a dense concentration of physician practices and healthcare services, the property benefits from consistent medical demand drivers and proximity to a large daytime population. Its location within Metro Detroit’s major office and healthcare hub enhances long-term stability and tenant appeal. Convenient access to I-696 and M-10 (Lodge Freeway) further strengthens regional connectivity, making the asset well-positioned for both tenants and investors seeking scalable cash flow growth.
Surrounded by a dense concentration of physician practices and healthcare services, the property benefits from consistent medical demand drivers and proximity to a large daytime population. Its location within Metro Detroit’s major office and healthcare hub enhances long-term stability and tenant appeal. Convenient access to I-696 and M-10 (Lodge Freeway) further strengthens regional connectivity, making the asset well-positioned for both tenants and investors seeking scalable cash flow growth.
Property Facts
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
112,610 SF
Building Class
B
Year Built/Renovated
1940/1986
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
56,305 SF
Slab To Slab
10’
Building FAR
0.29
Lot Size
9.02 AC
Zoning
BV / OS - Commercial Zoned District
Parking
350 Spaces (5.3 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Conferencing Facility
- Courtyard
- Signage
- Wheelchair Accessible
- Reception
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 24-21-352-021 | Improvements Assessment | $2,505,980 CAD |
| Land Assessment | $973,957 CAD | Total Assessment | $3,479,937 CAD |
Property Taxes
Parcel Number
24-21-352-021
Land Assessment
$973,957 CAD
Improvements Assessment
$2,505,980 CAD
Total Assessment
$3,479,937 CAD
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