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Orchard Medical Center 30000 Orchard Lake Rd 6,900 SF 52% Leased Office Building Farmington, MI 48334 $1,852,200 CAD ($268.43 CAD/SF) 10% Cap Rate
EXECUTIVE SUMMARY
Premier investment opportunity, a newly listed three-unit office building located on busy Orchard Lake Road in Farmington Hills, with convenient access to West Bloomfield. This property is a turnkey operation, perfectly suited for an owner-user or an investor seeking immediate cash flow. The building features a newly renovated medical space, currently configured as an urgent care facility. This unit includes ADA-compliant bathrooms, X-ray rooms, multiple exam rooms, a dedicated nurses' intake and billing area, and an executive office featuring a private bathroom with a shower. The property also boasts a digital changeable sign for maximum visibility. The remaining two units (Suits B and C) are currently occupied, generating a combined monthly rental income of $3,750. One of these units is currently operating as an executive spa. Please let me know if you would like to schedule a viewing or if you require any additional financial details regarding this listing.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
6,900 SF
Building Class
C
Year Built
1972
Price
$1,852,200 CAD
Price Per SF
$268.43 CAD
Cap Rate
10%
NOI
$185,220 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,858 SF
Building FAR
0.33
Lot Size
0.48 AC
Zoning
BI - Medical/Office
Parking
31 Spaces (5.29 Spaces per 1,000 SF Leased)
AMENITIES
- Atrium
- Bus Line
- Controlled Access
- Conferencing Facility
- Security System
- Signage
- Kitchen
- Central Heating
- High Ceilings
- Partitioned Offices
- Reception
- Recessed Lighting
- Shower Facilities
- Drop Ceiling
- Wi-Fi
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Americas Top Rated LLC
- Professional, Scientific, and Technical Services
- -
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$9.99
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Lorem Ipsum
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Americas Top Rated LLC | Professional, Scientific, and Technical Services | - | $9.99 | Lorem Ipsum | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This former Urgent Care is located in the heart of Farmington Hills, on heavily traveled Orchard Lake Rd, right North of 13 Mile Rd. Space includes 5 large exam rooms, x-ray room, large doctor’s office, kitchen, and 4 restrooms.
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste A | 3,300 SF | Office/Medical | Full Build-Out | Now |
1st Fl-Ste A
| Size |
| 3,300 SF |
| Space Use |
| Office/Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste A
| Size | 3,300 SF |
| Space Use | Office/Medical |
| Condition | Full Build-Out |
| Available | Now |
This former Urgent Care is located in the heart of Farmington Hills, on heavily traveled Orchard Lake Rd, right North of 13 Mile Rd. Space includes 5 large exam rooms, x-ray room, large doctor’s office, kitchen, and 4 restrooms.
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PROPERTY TAXES
| Parcel Number | 23-02-304-032 | Improvements Assessment | $500,561 CAD |
| Land Assessment | $94,165 CAD | Total Assessment | $594,726 CAD |
PROPERTY TAXES
Parcel Number
23-02-304-032
Land Assessment
$94,165 CAD
Improvements Assessment
$500,561 CAD
Total Assessment
$594,726 CAD
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Orchard Medical Center | 30000 Orchard Lake Rd
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