MI > Southfield
Southfield, MI 48033 2624,26400/26200 LAHSER Road
Southfield, MI 48033 2624,26400/26200 LAHSER Road
Southfield, MI 48033 2624,26400/26200 LAHSER Road
Southfield, MI 48033 2624,26400/26200 LAHSER Road
Southfield, MI 48033 2624,26400/26200 LAHSER Road
Southfield, MI 48033 2624,26400/26200 LAHSER Road
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David Godin

David Godin

+1(586) 416-0600
$ 26,250,000
Est. payment | /mo

188,964 SqFt

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$ 26,250,000
Est. payment | /mo
Save Virtual Tour

188,964 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 188,964 sqft

Price per Sqft $138

MLS Listing ID 60370259

Annual Tax Amount $160,638

Lot Size 860.000 Acres

Acres 860.0

Lot Dimensions 333X1192

Property Sub-Type Commercial/Industrial

Property Description

Conveniently located in the Detroit MSA within the Southfield Submarket, Lahser Center is considered a Class-B property, on the higher end, with a very high level of quality. Lahser Center tenants enjoy suites with high end finishes and ample space to maximize their best work. The Center is split into a beautiful 100,000 square foot, 4 story building (Lahser One) and a 75,000 square foot 3 story building (Lahser Two), the Lahser Center campus has now achieved over 95% occupancy rate with well-capitalized and diverse tenants. New elevators, remodeled lobby and a landscape refreshing show beautifully on the property. A building conference center and a grab-and-go cafeteria are just a few of the amazing upgrades made on the campus in the last 5 years. Located conveniently to the major freeways in the area and boasting a variety of restaurants and convenience within walking or driving distance, the campus is a huge draw to tenants and commerce. Highly visible signage and a massive parking lot. With an NOI of $2.1M, this complex is priced at an attractive 8% CAP rate with credit tenants, such as venture capital-back Arizona College of Nursing, Crescent Academy charter school, Michigan Evaluation Group, and many more. Additionally, please note that a large list of improvements are currently underway and will be delivered finished to the new buyer, including: repaving of entire parking lot, all new elevators, landscaping, and renovation of restrooms. These upgrades are currently underway and will be completed by Summer 2025. This is a unique opportunity to own a wonderful, successful property, please don’t hesitate with any questions, this campus won’t last long.

Location

State MI

County Oakland

Area Southfield (63244)

Zoning Mixed Use,Professional Office,Commercial

Interior

Heating Forced Air

Exterior

Roof Type Rubber

Building

Foundation Slab

Water Public Water

Others

Ownership Private

Assessment Amount $6,513

Energy Description Natural Gas

Financing Cash,Conventional,Exchange/Trade

Virtual Tour https://drive.google.com/file/d/1Qqq8w1MqvzaqYZrpA6gY2hwRJ8E1YSXY/view?usp=sharing

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Signature Sotheby's International Realty Bham
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Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

42094 Garfield Rd, Clinton Twp, MI, 48038, USA

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26400/26200 LAHSER Road