17515 W 9 Mile Rd
Southfield, MI 48075
Nine Mile Crossing · Bureau Propriété À vendre

Robust Stabilized Cash Flow | Diverse Tenant Mix | Long-Term Institutional & Regional Commitments
88% leased to 81 tenants across Tier 1 auto suppliers, healthcare, legal, technology, and service industries
Key tenants include Kenmar Corporation since 1969 (11,457 SF), Language Center International (7,605 SF), and Veteran’s Advocacy Network (4,750 SF)
Weighted Average Lease Term (WALT): ~2.89 years
No single tenant accounts for more than 8% of NRA, ensuring strong income diversification
Strategic Location | Core Southfield Corridor
Prominently located in Metro Detroit’s most established office corridor with direct freeway access to I-696, M-10, and Southfield Road
Surrounded by major corporate headquarters, medical centers, and deep labor pool
Southfield remains a key business hub for healthcare, technology, and professional services, supporting long-term tenant demand
Visible to 300,000 vehicles per day
Recent Capital Investments | Modernized Building Systems | Competitive, Turnkey Asset
Over $2.5M invested in renovations, including lobbies, corridors, restrooms, and parking lot
Over 120,000 SF of new tenant buildouts delivered to accommodate modern space requirements
Extensive improvements position Nine Mile Crossing as a stabilized, investment-grade asset with minimal near-term capital needs
Significant Upside | Rent Growth & Mark-to-Market Potential
Stabilized occupancy provides immediate, durable cash flow
Near-term rollover allows new ownership to capture mark-to-market rent increases
Proven leasing momentum with 140,000 SF leased since acquisition
Positioned as an investment-grade asset offered well below replacement cost, with embedded NOI growth through contractual escalations and vacancy lease-up.