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Evergreen Office Building 24450 Evergreen Rd 33 600 pi² 100% Loué Bureau Immeuble Southfield, MI 48075 4 647 596 $ CAD (138,32 $ CAD/pi²) 8,01% Taux de capitalisation



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Faits saillants de l'investissement
- 33,600 SF Multi-Tenant Office Building on 1.80 Acres -adjacent 3.59-acre parcel is also for sale, providing expansion potential
- NOI of USD $272,388.15 | Attractive 8.01% CAP Rate
- A diverse mix of professional, medical, and service-oriented tenants provides income stability
- 88% Occupied: Strong In-Place Income with Upside Potential
- Recent capital improvements include a new roof in 2022 and high-efficiency HVAC system in 2025
- Strategically Located in Southfield’s Core Business Corridor
Résumé de l'annonce
A rare opportunity to acquire a 33,600 SF office property in the heart of Michigan’s premier business hub - stabilized income today with clear upside tomorrow.
Positioned in one of metro Detroit’s most established office corridors, the 33,600 SF multi-tenant office building at 24450 Evergreen Road presents a stabilized investment opportunity with meaningful upside. The property is 88% occupied by a diverse mix of professional, medical, and service-oriented tenants, generating strong in-place income with the ability to enhance returns through lease-up and strategic repositioning.
The asset has benefited from significant recent capital improvements totaling approximately $600,000, including a full roof replacement in 2022 and the installation of a high-efficiency HVAC system with air balancing and digital controls in 2025. These upgrades materially reduce near-term capital expenditure risk while improving operational efficiency and tenant comfort— key drivers of long-term occupancy and retention.
Situated on a 1.80-acre site, the building offers flexible suite configurations that appeal to a broad tenant base, supported by abundant natural light, efficient
layouts, and professional on-site management. In addition to the existing income stream, investors have the rare opportunity to acquire the adjacent 3.59-acre parcel, providing future expansion or redevelopment potential in a high-demand submarket.
Supported by over 147,000 daytime employees within a five-mile radius and immediate access to major thoroughfares, this offering combines stability, scalability, and long-term growth potential through lease-up and strategic repositioning.
Positioned in one of metro Detroit’s most established office corridors, the 33,600 SF multi-tenant office building at 24450 Evergreen Road presents a stabilized investment opportunity with meaningful upside. The property is 88% occupied by a diverse mix of professional, medical, and service-oriented tenants, generating strong in-place income with the ability to enhance returns through lease-up and strategic repositioning.
The asset has benefited from significant recent capital improvements totaling approximately $600,000, including a full roof replacement in 2022 and the installation of a high-efficiency HVAC system with air balancing and digital controls in 2025. These upgrades materially reduce near-term capital expenditure risk while improving operational efficiency and tenant comfort— key drivers of long-term occupancy and retention.
Situated on a 1.80-acre site, the building offers flexible suite configurations that appeal to a broad tenant base, supported by abundant natural light, efficient
layouts, and professional on-site management. In addition to the existing income stream, investors have the rare opportunity to acquire the adjacent 3.59-acre parcel, providing future expansion or redevelopment potential in a high-demand submarket.
Supported by over 147,000 daytime employees within a five-mile radius and immediate access to major thoroughfares, this offering combines stability, scalability, and long-term growth potential through lease-up and strategic repositioning.
Faits sur la propriété
Type de vente
Investissement
Type de propriété
Bureau
Taille du bâtiment
33 600 pi²
Classe d’immeuble
C
Année de construction
1971
Prix
4 647 596 $ CAD
Prix par pi²
138,32 $ CAD
Taux de capitalisation
8,01%
Revenu net d’exploitation
372 272 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Superficie de plancher typique
24 000 pi²
Coefficient d’occupation des sols de l’immeuble
0,14
Taille du lot
5,39 AC
Zonage
OS
Stationnement
188 places (5,5 places par 1 000 pi² loué)
Commodités
- Gestionnaire d'immeuble sur place
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Fin du bail
- A&M Hair Recovery
- -
- -
- -
- -
- Elassal & Associates
- Services professionnels, scientifiques et techniques
- -
- -
- -
- Forrest Law
- Services professionnels, scientifiques et techniques
- -
- -
- -
- Hi Tech Rehab
- -
- -
- -
- -
- K.L.E.A.C.
- -
- -
- -
- -
- Majestic Image & Travel
- Services administratifs et de soutien
- -
- -
- -
- Northland Family Planning Centers
- Soins de santé et assistance sociale
- -
- -
- -
- Oakland Physical Therapy
- Soins de santé et assistance sociale
- -
- -
- -
- Red Carpet Title Agency LLC
- Services professionnels, scientifiques et techniques
- -
- -
- -
- Turning Pointe Day Program
- -
- -
- -
- -
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Fin du bail | ||
| A&M Hair Recovery | - | - | - | - | ||
| Elassal & Associates | Services professionnels, scientifiques et techniques | - | - | - | ||
| Forrest Law | Services professionnels, scientifiques et techniques | - | - | - | ||
| Hi Tech Rehab | - | - | - | - | ||
| K.L.E.A.C. | - | - | - | - | ||
| Majestic Image & Travel | Services administratifs et de soutien | - | - | - | ||
| Northland Family Planning Centers | Soins de santé et assistance sociale | - | - | - | ||
| Oakland Physical Therapy | Soins de santé et assistance sociale | - | - | - | ||
| Red Carpet Title Agency LLC | Services professionnels, scientifiques et techniques | - | - | - | ||
| Turning Pointe Day Program | - | - | - | - |
Disponibilité des espaces
- Espace
- Taille
- Utilisation de l’espace
- Aménagement
- Disponible
- 2e étage
- 2 000 pi²
- Bureau
- construction complète
- 30 jours
| Espace | Taille | Utilisation de l’espace | Aménagement | Disponible |
| 2e étage | 1 000 pi² | Bureau | construction complète | 30 jours |
| 2e étage | 2 000 pi² | Bureau | construction complète | 30 jours |
2e étage
| Taille |
| 1 000 pi² |
| Utilisation de l’espace |
| Bureau |
| Aménagement |
| construction complète |
| Disponible |
| 30 jours |
2e étage
| Taille |
| 2 000 pi² |
| Utilisation de l’espace |
| Bureau |
| Aménagement |
| construction complète |
| Disponible |
| 30 jours |
1 de 1
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
2e étage
| Taille | 1 000 pi² |
| Utilisation de l’espace | Bureau |
| Aménagement | construction complète |
| Disponible | 30 jours |
1 1
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun limités
30/100
Plutôt praticable en vélo
50/100
Impôts fonciers
| Numéro de lot | 24-26-151-005 | Évaluation des bâtiments | 575 125 $ CAD |
| Évaluation du terrain | 187 922 $ CAD | Évaluation totale | 763 047 $ CAD |
Impôts fonciers
Numéro de lot
24-26-151-005
Évaluation du terrain
187 922 $ CAD
Évaluation des bâtiments
575 125 $ CAD
Évaluation totale
763 047 $ CAD
1 de 11
Vidéos
Visite extérieure 3D Matterport
Visite 3D Matterport
Photos
Vue depuis la rue
Rue
Carte
1 de 1
Présenté par
Evergreen Office Building | 24450 Evergreen Rd
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