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33400 W 6 Mile Rd
Livonia, MI 48152
EyeSouth Medical Office/Surgery Center · Office Property For Sale


INVESTMENT HIGHLIGHTS
- Two-Tenant Medical Office 15 Years of Lease Term Remaining | Recent Extensions 2% Annual Rent Increases | (2) 5-Year Options
- Livonia Outpatient Surgery Center: 8 Doctors 2 Operating Rooms | 4 Pre-Op & 4 Post-Op Rooms
- Owned & Supported by EyeSouth EyeCare: National organization supporting 60+ practices, 365+ physicians, and 26 surgery centers
- Certificate of Need attached to the Property
- Ophthalmic Specialists of Michigan: 9 Doctors 4 Locations & 1 Outpatient Surgery Center
- 2.7 Miles from Trinity Health Livonia Hospital: 304 Beds, Level II Trauma Center, 24-Hour ER
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present Livonia Outpatient Surgery Center (LOSC) and Ophthalmic Specialists of Michigan (OSM). OSM, a two-tenant medical office portfolio, is offered individually or together as part of a combined 20,590-square-foot, 2.36-acre portfolio located in Livonia and Madison Heights, Michigan.
The Livonia property is located at 33400 W. Six Mile Road and includes a 13,500-square-foot, two-tenant medical office building on a 1.71-acre lot, featuring Livonia Outpatient Surgery Center and Ophthalmic Specialists of Michigan. The Madison Heights property, located at 301 W. 13 Mile Road, includes 7,090 square feet on 0.65 acres, occupied by Ophthalmic Specialists of Michigan. The portfolio is offered for $6,646,326 total, or individually at $4,905,333 for Livonia (6.75% cap rate) and $1,740,993 for Madison Heights (6.75% cap rate).
The Livonia property is situated at 33400 W. Six Mile Road in Livonia, Michigan. The property is sited on a 1.71-acre lot with ample parking and includes a 6,105-square-foot ophthalmology center and a 7,395-square-foot outpatient surgery center. Both double-net leases were recently extended for 15 years, each featuring 2 percent annual rent escalations and two five-year option periods.
LOSC is an outpatient surgery center with two operating rooms and dedicated pre-op and post-op recovery areas. OSM is a specialty eye care group with clinic locations in Madison Heights, Livonia, Southfield and Dearborn. Its team of nine physicians provides comprehensive ophthalmology services, including cataract and glaucoma management, diabetic eye care, treatment for retinal and corneal diseases, and oculoplastics and reconstructive surgery. Together, OSM and LOSC deliver a full spectrum of medical and surgical eye care to patients across Southeast Michigan.
Both tenants are supported by EyeSouth EyeCare, a physician-led national management services organization with a network of more than 60 practices, 365 physicians and 26 ambulatory surgery centers across the U.S. EyeSouth provides administrative, operational and technological resources so affiliated practices can focus on clinical care while expanding access to advanced ophthalmology services throughout the Michigan market.
The property is positioned at the corner of Six Mile Road and Farmington Road (39,860 vehicles per day combined), with direct access to Interstate 275 (163,083 VPD) and Interstate 96 (122,272 VPD). Stevenson High School, with enrollment of 1,600 students, is less than a mile away. Trinity Health Livonia Hospital, located 2.7 miles from the site, is a 304-bed Level II trauma center offering a 24-hour emergency room, inpatient and outpatient surgery, general medicine, imaging, rehabilitation, internal medicine, cancer care, cardiovascular care, senior services, and women’s and maternity care. Trinity Health is one of Michigan’s largest healthcare providers.
Higher education institutions nearby include Madonna University and Schoolcraft College, both within four miles. Madonna University enrolls 2,444 students and offers more than 100 career-focused majors and 30 master’s and doctoral programs. Schoolcraft College enrolls about 30,000 students annually and offers programs ranging from skills certificates to bachelor’s degrees, including specialized training in culinary and dietary operations management.
The surrounding trade area features more than 17.1 million square feet of retail within five miles. National anchors include Laurel Park Place, a 505,685-square-foot shopping mall anchored by Von Maur, Dunham’s and Phoenix Theatres, as well as Target, Best Buy and other major retailers.
Livonia is a well-planned community of residential, commercial, industrial and civic developments, strategically located within Wayne County with convenient freeway access. As the third-largest municipality in Wayne County and the ninth-largest in Michigan, Livonia consistently ranks among the state’s strongest markets. The area boasts strong demographics, with more than 265,000 residents within a five-mile radius, coupled with an average household income exceeding $100,000—creating a stable environment for both healthcare and retail services.
The Livonia property is located at 33400 W. Six Mile Road and includes a 13,500-square-foot, two-tenant medical office building on a 1.71-acre lot, featuring Livonia Outpatient Surgery Center and Ophthalmic Specialists of Michigan. The Madison Heights property, located at 301 W. 13 Mile Road, includes 7,090 square feet on 0.65 acres, occupied by Ophthalmic Specialists of Michigan. The portfolio is offered for $6,646,326 total, or individually at $4,905,333 for Livonia (6.75% cap rate) and $1,740,993 for Madison Heights (6.75% cap rate).
The Livonia property is situated at 33400 W. Six Mile Road in Livonia, Michigan. The property is sited on a 1.71-acre lot with ample parking and includes a 6,105-square-foot ophthalmology center and a 7,395-square-foot outpatient surgery center. Both double-net leases were recently extended for 15 years, each featuring 2 percent annual rent escalations and two five-year option periods.
LOSC is an outpatient surgery center with two operating rooms and dedicated pre-op and post-op recovery areas. OSM is a specialty eye care group with clinic locations in Madison Heights, Livonia, Southfield and Dearborn. Its team of nine physicians provides comprehensive ophthalmology services, including cataract and glaucoma management, diabetic eye care, treatment for retinal and corneal diseases, and oculoplastics and reconstructive surgery. Together, OSM and LOSC deliver a full spectrum of medical and surgical eye care to patients across Southeast Michigan.
Both tenants are supported by EyeSouth EyeCare, a physician-led national management services organization with a network of more than 60 practices, 365 physicians and 26 ambulatory surgery centers across the U.S. EyeSouth provides administrative, operational and technological resources so affiliated practices can focus on clinical care while expanding access to advanced ophthalmology services throughout the Michigan market.
The property is positioned at the corner of Six Mile Road and Farmington Road (39,860 vehicles per day combined), with direct access to Interstate 275 (163,083 VPD) and Interstate 96 (122,272 VPD). Stevenson High School, with enrollment of 1,600 students, is less than a mile away. Trinity Health Livonia Hospital, located 2.7 miles from the site, is a 304-bed Level II trauma center offering a 24-hour emergency room, inpatient and outpatient surgery, general medicine, imaging, rehabilitation, internal medicine, cancer care, cardiovascular care, senior services, and women’s and maternity care. Trinity Health is one of Michigan’s largest healthcare providers.
Higher education institutions nearby include Madonna University and Schoolcraft College, both within four miles. Madonna University enrolls 2,444 students and offers more than 100 career-focused majors and 30 master’s and doctoral programs. Schoolcraft College enrolls about 30,000 students annually and offers programs ranging from skills certificates to bachelor’s degrees, including specialized training in culinary and dietary operations management.
The surrounding trade area features more than 17.1 million square feet of retail within five miles. National anchors include Laurel Park Place, a 505,685-square-foot shopping mall anchored by Von Maur, Dunham’s and Phoenix Theatres, as well as Target, Best Buy and other major retailers.
Livonia is a well-planned community of residential, commercial, industrial and civic developments, strategically located within Wayne County with convenient freeway access. As the third-largest municipality in Wayne County and the ninth-largest in Michigan, Livonia consistently ranks among the state’s strongest markets. The area boasts strong demographics, with more than 265,000 residents within a five-mile radius, coupled with an average household income exceeding $100,000—creating a stable environment for both healthcare and retail services.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
13,500 SF
Building Class
C
Year Built/Renovated
1975/2022
Price
$6,847,453 CAD
Price Per SF
$507.22 CAD
Cap Rate
6.75%
NOI
$462,203 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,500 SF
Building FAR
0.18
Lot Size
1.71 AC
Zoning
C-1
Parking
40 Spaces (2.96 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 46-036-99-0004-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,745,179 CAD |
PROPERTY TAXES
Parcel Number
46-036-99-0004-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,745,179 CAD
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