For Sale

Prime Investment Opportunity | 100% Occupied Two-Building Office Complex | 8.03% Cap Rate

16645 & 16655 15 Mile Rd,
Clinton Township, MI 48035

Asset Snapshot

Distribution
Office Subtype
1998
Year Built
1
Floor Count
2
Building Count
60
Parking Spots
1.46 Acres
Land Area
100%
Occupancy

Offering Summary

Investment Overview

This exceptionally well-maintained, 12,188 SF two-building office complex presents an attractive investment opportunity in Clinton Township, Michigan. Situated on 1.46 acres along the highly traveled 15 Mile Road corridor, the property offers stable in-place income, long-term tenancy, and minimal anticipated capital expenditures. The complex is 100% occupied by a diverse mix of established office and medical tenants, including dental, therapeutic, and a non-profit user, providing a diversified income stream. Featuring newer construction, quality interior and exterior finishes, and recently renovated suites, the property has been meticulously maintained with virtually no deferred maintenance. Offered at a 8.03% Cap Rate with an NOI of $135.154.32, this turnkey investment combines immediate cash flow with long-term ownership appeal. Additional highlights include abundant on-site parking, approximately 300 feet of frontage along 15 Mile Road, and prominent monument signage.


Investment Highlights

  • 12,188 SF Two-Building Complex: Well-maintained office and medical investment situated on 1.46 acres
  • 100% Occupied: Established, long-term tenants representing a diverse mix of professional, medical, and nonprofit uses
  • Strong Investment Fundamentals: 8.03% Cap Rate | NOI of $135,154.32
  • Turnkey Investment: Newer construction, recently renovated suites, and minimal anticipated deferred maintenance.
  • Excellent Visibility: 300' of frontage along 15 Mile Rd, two monument signs, and abundant on-site parking
  • Strong Demographics: Population of 109,257 and average household income of $86,341 within a three-mile radius.
  • Please do not disturb existing tenants - contact us for details

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$1,675,000
Asking Price

Investment Sales Broker

John E. De Wald, CPA
P.A. Commercial

Market Insights