5130 Coolidge Hwy - Office FOR SALE
Royal Oak, MI 48073 |
$2,495,000 USD
248-702-0288
5130 Coolidge Hwy
Royal Oak, MI 48073
HIGHLIGHTS
- First Time on Market in 40+ Years – Family ownership since development; rare generational offering
- Outparcel to Meijer – Strong grocery-anchored adjacency with daily needs traffic and long-term draw
- Premier Royal Oak Location – Frontage along Coolidge Highway with 45,000+ VPD
- Irreplaceable Infill Market – Dense, affluent trade area with limited new supply
- Significant Value-Add Upside - Medical office space available at closing, Surgery center lease expiring in 2025, Additional mini surgery center recent
- Proven Long-Term Tenancy - Main surgery center consistently leased since 2010, Medical office owned and operated by the landlord for 40+ years
FOR SALE DETAILS
PRICE
$2,495,000 USD
PRICE/SF
$499 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Royal Oak Medical Building
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1977
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
1.06 AC
LAND SF
46,174 SF
ZONING
BI
APN/PARCEL ID
20-32-301-027
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248-702-0288
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248-702-0288
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