Office Space - For Sale
24800 Lahser Road Southfield, MI 48033
Details & Description
Price: $784,000
  • Property Type Office for Sale : Medical
  • Lot Size Acres 1.000
  • Building Sq Ft 4,002
  • Building Price per Sq Ft $196.00
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $18.00
  • NOI $50,000
  • CAP Rate % 6.40
Dec. 22, 2020 /PRNewswire/ -- Heartland Dental announced today the acquisition of Tru Family Dental, the Southfield, Michigan-based regional dental support organization (DSO), which includes ten offices in Illinois and thirteen in Michigan.  As the nation's leading DSO, Heartland Dental supports more than 1,700 dentists in over 1,100 offices across 38 states.Tenant renewed for an additional three years in December 2022.
Property ID:    301547
Property URL: melqr.com/301547
Generated:    03-26-23
Property Highlights
• Array
Listing Agents
Charles Howard

O: 248-440-1447
charles.howard@transwestern.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
Office Space / Michigan / Southfield / 48033 / 24800 Lahser Road

24800 Lahser Road

Southfield, MI 48033

10 Mile and Lahser

Listing ID: 301547
$784,000
For Sale
  • Property Type Office for Sale : Medical
  • Lot Size Acres 1.000
  • Building Sq Ft 4,002
  • Building Price per Sq Ft $196.00
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $18.00
  • NOI $50,000
  • CAP Rate % 6.40
  • 24800 Lahser Road Southfield, MI 48033 | for Sale | Photo 1
  • 24800 Lahser Road Southfield, MI 48033 | for Sale | Photo 2
24800 Lahser Road | for Sale | Thumbnail 1
24800 Lahser Road | for Sale | Thumbnail 2
Property Highlights
• Single tenant dental building - tenant with 1,000 + locations
• Three year lease signed December '22
Description

Dec. 22, 2020 /PRNewswire/ -- Heartland Dental announced today the acquisition of Tru Family Dental, the Southfield, Michigan-based regional dental support organization (DSO), which includes ten offices in Illinois and thirteen in Michigan.  As the nation's leading DSO, Heartland Dental supports more than 1,700 dentists in over 1,100 offices across 38 states.

Tenant renewed for an additional three years in December 2022.

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Southfield Area Market Trends

Listing Demographics for 24800 Lahser Road Southfield, MI 48033

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population7,88787,553283,894
Population Median Age404140
Population by Age0-9 Yrs807 (10%)8662 (9%)32640 (11%)
10-19 Yrs1215 (15%)10634 (12%)33907 (11%)
20-29 Yrs961 (12%)12527 (14%)38671 (13%)
30-39 Yrs965 (12%)9947 (11%)34189 (12%)
40-49 Yrs1016 (12%)11090 (12%)35802 (12%)
50-59 Yrs864 (10%)11406 (13%)37730 (13%)
60-69 Yrs948 (12%)11419 (13%)37350 (13%)
70+ Yrs1112 (14%)11869 (13%)33604 (11%)
Median HH Income$58,471$52,714$56,326
Total Household Income< 24K524 (16%)8691 (23%)26156 (22%)
25-49K857 (26%)9235 (24%)27248 (23%)
50-74K600 (18%)7139 (19%)21170 (17%)
75-99K460 (14%)4250 (11%)14213 (11%)
100-199K650 (20%)6737 (17%)22838 (19%)
200K+84 (2%)1456 (3%)6825 (5%)
Highest Education LevelNo Diploma310478617457
Diploma or GED10961429845729
Some College11801712050043
Assoc. Degree521504117260
Bachelors Degree12511171539739
Higher Degree908963430908
Total Housing Units3,51441,101130,603
--Owner-Occupied1,36218,78072,703
--Renter-Occupied1,81418,72845,748
Owner-Occupied Values< 100K213617726468
100-199K838722922159
200-299K237379211885
300-399K339866047
400-499K153112657
500K+272863487
Total Working Age Population6,38272,899231,345
In Work Force3,63743,539142,663
Not In Work Force2,74529,36088,682
Workforce Employed3,40639,934131,423
Workforce Unemployed2313,58111,180
Civlian Workforce3,63743,515142,602
Military Workforce02461
Total Households3,17637,509118,451
Family Households1,70320,41868,549
Non-Family Households1,47317,09049,902
Married Couple1,12111,62539,884
Other Family5838,79328,665
Married w/Child5513,65214,227
Single Male w/Child735312,163
Single Female w/Child1823,26310,641

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Wayne County2,061,162-121,820,584-41,741,463-11,730,000
Oakland County1,194,156+11,202,362+51,264,515+71,350,052

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Office Space Listings for Sale Nearby
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24768 Lahser Road, Southfield, MI $425,000 5684 0.97
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24293 Telegraph Road, Southfield, MI $2,500,000 43000 3
27350 West Eleven Mile Road, Southfield, MI CALL 160000 -
26500 Telegraph Road, Southfield, MI $1,000,000 4210 -
18500 West 10 Mile Road, Southfield, MI $295,000 2116 -
25000 Southfield Road, Southfield, MI CALL 25850 -
26041 Southfield Road, Lathrup Village, MI CALL 5985 -
Closest Commercial Airports
Airport Distance (mi)
Detroit Metropolitan Wayne County Airport (DTW) 19
Toledo Express Airport (TOL) 67
MBS International Airport (MBS) 84
Listing Agent
Charles Howard - CRE Agent at

Charles Howard

Transwestern

248-440-1447 (office)

VIEW AGENT PROFILE

transwestern.com

CONTACT ME

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