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USAMICommerce Township4123 Martin Rd
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$2,000,000

4123 Martin Rd, Commerce Township, MI

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Real Estate Only
Levels Commercial Sale
Size 8000 sqft
Garage No
Maintenance Fees 
Taxes $23,000
Days Active 0
Approx. Age 2005
Avg. Price Per Sqft $250
MLS® Number 20251012952

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

This income property offers immediate upside with 50% of the space leased to a nationally recognized medical tenant under a long-term NNN lease at $26.50/SF with annual escalations. Located on a hard corner in Commerce Township with a traffic count over 24, 000 per day. Built in 2005, the low-maintenance, two-story brick building includes an elevator and sits on 1.25 acres with 42 surface parking spaces. The second floor, formerly occupied by a medical user, is currently vacant and features a functional layout with exam rooms, private offices, and a reception/waiting area, making it ideal for owner-occupancy or new leasing activity. Located just minutes from the Novi and West Bloomfield medical corridors and M-5. No Condo Association Fees 100% ownership. Offering price represents 10% cap rate based on Year 1 NOI. For more information and full Offering Memorandum, contact listing Broker. Traffic count according to MPSI 2025 estimates.Show Description
MLS® Number20251012952
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2005
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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