MI
Oakland
Southfield City
48033
26400/26200 LAHSER Road
26400/26200 LAHSER Road, Southfield City, MI 48033
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Listing Type
Commercial/Industrial
Listing Status
active
54
$24,999,000

Home Details for 26400/26200 LAHSER Road

Price
$24,999,000
Type
Business Opportunity
Bedrooms
0
Bathrooms
Square feet
18896
Year built
1969
Lot size acres
860
County
Oakland
Garage
Days on site
70
MLS Listing#
20251041223
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.

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Parking
    • Lighted
    • Parking Lot
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
Listing Courtesy: Signature Sotheby's International Realty Bham - 248-644-7000
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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