17200 10 Mile RdEastpointe, MI 48021

This exceptional investment opportunity presents a 40,644-square-foot, Class B office building located at 17200 E 10 Mile Rd, Eastpointe, MI 48021. The property, situated on a 1.8-acre lot, boasts a 100% occupancy rate, generating a strong 11.70% capitalization rate at an asking price of $2,750,000 ($73.81/sq ft). Built in 1950 and renovated in 1999, this two-story building features a traditional office layout within the I-1 permitted zoning of Macomb County. The property benefits from a recently installed new roof, providing long-term cost savings. Its strategic location offers convenient access to major thoroughfares, including I-94 and I-696, ensuring easy commutes for tenants and clients. Ample parking is available on-site, catering to the needs of the diverse tenant mix. This net lease investment presents a compelling opportunity for discerning investors seeking a stable, high-yielding asset in a desirable location. The property's strong occupancy and favorable location contribute to its significant investment potential. The building consists of one structure and is classified as a multi-tenant property. The APN is 11-34-203-051.