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    $2,913,000

  • Active | MLS#: 232143
  • 7.50Acre

1050 Corporate Office Drive Milford, MI 48381

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Listing provided courtesy of: Shelby and Kelly Miller, Berkshire Hathaway HomeServices Tomie Raines, 1400 Abbot, Suite 200, East L

Overview

NNN Investment FOR SALE in the Milford Corporate Office Park. $291,300 per year in Net Operating Income. 10% Cap Rate. 4 Years remaining on a Lease thru December 31, 2022 with MB Financial Bank which recently merged with Fifth Third. This Class A all-brick, pitched roof office building built in 1998 offers a total of 20,588 sf of high-quality space on one level. The columned entryway leads to a rounded reception area with a large Boardroom, extensive kitchen/breakroom, network room, file room and several small conference rooms. The Floor Plan includes 39 exterior wall offices with large windows, 12 interior offices and two large areas for up to 44 work stations. The grounds are well maintained with an Outdoor Patio. There is good signage located on the monument sign at the entrance to the Office Park. The office power supply is backed up by a hard-wired gas Generator. This is a great location between I-96 and Downtown Milford that will offer employees and customers an easy drive from Novi, Brighton, Wixom, South Lyon, Livonia, Flint, Howell, Fenton, Pontiac, Auburn Hills and Farmington Hills. The Milford Corporate Office Park is home to Ascension Medical Group, Huron Valley State Bank, United Insurance Group, Family & Aging Law Group, Kensington Mills Falls, Baker's of Milford (restaurant) and Holden's Deli to mention a few. Milford is an excellent place to work and live with the quality of life of a small town and quick access to the amenities of the big city.

General Features

  • Year Built 1998
  • Current Use Office Park,Professional Office
  • County Oakland
  • Zoning Office

Building Features

  • Appliances Central Air, Microwave, Refrigerator
  • Basement No Basement
  • Exterior Brick
  • Extras Burglar Alarm/Security, Underground Sprinklers
  • Garage No Garage
  • Heating Forced Air - Gas

Property Features

  • Water Well
  • Sewer Septic Tank
  • Land Acreage 5+ thru 10 Acres
  • Driveway Blacktop

Schools

  • School District Other Area

Listing agent photo

Shane Broyles

REALTOR

517-853-6216East Lansing

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Price & Status History

Days on Market

  • This property has been listed on the market for 27 days

Location

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Listing agent photo

Shane Broyles

REALTOR

517-853-6216East Lansing

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Community Demographics for Zip Code 48381 (Milford)

Housing Occupancy
  • Home Owners: 4,192 (75%)
  • Renters: 928 (17%)
  • Vacant: 473 (8%)
  • Total Housing Units: 5,593
Households
  • Average Household Size: 2.51
  • Housing Density (People per square mile): 644
Age Range (number of people)
  • Age 0-14: 2,100
  • Age 15-24: 1,574
  • Age 25-39: 2,460
  • Age 40-59: 3,259
  • Age 60-79: 2,857
  • Age 80+: 648
  • Total: 12,898

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 48381 (Milford)

Public Schools in Zip Code 48381 (Milford)

* This list of schools may not match the property above.

MUIR MIDDLE SCHOOL 425 GEORGE ST MILFORD, MI 48381 Phone: 2486848060 6th-8th
Grade Size Distribution
  • 6th: 213
  • 7th: 196
  • 8th: 190
School Population
  • Teachers: 35
  • Students per Teacher: 17.9
  • Students: 628
  • Male/Female: 320/308
School District
  • HURON VALLEY SCHOOLS
  • 2390 SOUTH MILFORD RD HIGHLAND, MI 48357
  • Phone: 2486848234
District Population
  • Schools: 20
  • Full-Time Teachers: 551
  • Students per Teacher: 19.1
  • Staff: 1394
  • Students: 10473
BAKER ELEMENTARY SCHOOL 716 UNION ST MILFORD, MI 48381 Phone: 2486848010 K-5th
Grade Size Distribution
  • Knd: 45
  • 1st: 53
  • 2nd: 43
  • 3rd: 30
  • 4th: 33
  • 5th: 34
School Population
  • Teachers: 14
  • Students per Teacher: 17.0
  • Students: 238
  • Male/Female: 134/104
School District
  • HURON VALLEY SCHOOLS
  • 2390 SOUTH MILFORD RD HIGHLAND, MI 48357
  • Phone: 2486848234
District Population
  • Schools: 20
  • Full-Time Teachers: 551
  • Students per Teacher: 19.1
  • Staff: 1394
  • Students: 10473
JOHNSON ELEMENTARY SCHOOL 515 GENERAL MOTORS RD MILFORD, MI 48381 Phone: 2486848020 K-5th
Grade Size Distribution
  • Knd: 59
  • 1st: 70
  • 2nd: 59
  • 3rd: 66
  • 4th: 62
  • 5th: 57
School Population
  • Teachers: 21
  • Students per Teacher: 17.8
  • Students: 373
  • Male/Female: 199/173
School District
  • HURON VALLEY SCHOOLS
  • 2390 SOUTH MILFORD RD HIGHLAND, MI 48357
  • Phone: 2486848234
District Population
  • Schools: 20
  • Full-Time Teachers: 551
  • Students per Teacher: 19.1
  • Staff: 1394
  • Students: 10473
KURTZ ELEMENTARY SCHOOL 1350 KURTZ DR MILFORD, MI 48381 Phone: 2486848025 K-5th
Grade Size Distribution
  • Knd: 68
  • 1st: 76
  • 2nd: 69
  • 3rd: 67
  • 4th: 70
  • 5th: 50
School Population
  • Teachers: 25
  • Students per Teacher: 16.0
  • Students: 400
  • Male/Female: 197/201
School District
  • HURON VALLEY SCHOOLS
  • 2390 SOUTH MILFORD RD HIGHLAND, MI 48357
  • Phone: 2486848234
District Population
  • Schools: 20
  • Full-Time Teachers: 551
  • Students per Teacher: 19.1
  • Staff: 1394
  • Students: 10473

Private Schools in Zip Code 48381 (Milford)

* This list of schools may not match the property above.

CHRIST LUTHERAN PRESCHOOL AND Milford, MI 48381 Phone: 2483633742 PreK-K
Grade Size Distribution
  • PreK: 57
  • Knd: 18
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 75
FRIENDS PRESCHOOL/KINDERGARTEN Milford, MI 48381 Phone: 2486846086 PreK-K
Grade Size Distribution
  • PreK: 57
  • Knd: 6
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 63
MILFORD MONTESSORI SCHOOL 2700 E COMMERCE ROAD Milford, MI 48381 Phone: 2486857600 PreK-1st
Grade Size Distribution
  • PreK: 50
  • Knd: 25
  • 1st: 10
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 85

* School data provided by US Department of Education


Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. All information is deemed reliable but is not guaranteed.

* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional