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Saxony Office Center 17200 E Ten Mile Rd

40,600 SF 100% Leased Office Building Eastpointe, MI 48021 $2,800,000 ($69/SF) 10.29% Cap Rate

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Investment Highlights

Minutes from I-94 and I-696.
Ample parking.

New Roof.
Great mix of tenants.

Executive Summary

Great investment opportunity on 10 Mile Road.

17200 E 10 Mile 022124

Property Facts

Sale Type

Investment

Property Type

Office

Building Size

40,600 SF

Building Class

Year Built/Renovated

1950/1999

Price

$2,800,000

Price Per SF

$69

Cap Rate

10.29%

NOI

$288,000

Percent Leased

100%

Tenancy

Multiple

Building Height

2 Stories

Typical Floor Size

20,300 SF

Building FAR

0.40

Land Acres

2.31 AC

Zoning

I-1 - Light Industrial

Amenities

Security System
Signage

Central Heating
Fully Carpeted

Direct Elevator Exposure
Natural Light

Air Conditioning

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17200 E Ten Mile Rd, Eastpointe, MI - aerial map view - Image1

17200 E Ten Mile Rd, Eastpointe, MI - aerial map view - Image2

17200 E Ten Mile Rd, Eastpointe, MI - aerial map view - Image3

17200 E Ten Mile Rd, Eastpointe, MI - aerial map view - Image4

Walk Score ®

Very Walkable (70)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	02-14-29-106-064 02-14-29-110-039	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$1,673,400

PROPERTY TAXES

Parcel Numbers

02-14-29-106-064

02-14-29-110-039

Land Assessment

Improvements Assessment

Total Assessment

$1,673,400

Listing ID: 30287993
Date on Market: 12/5/2023
Last Updated:
Address: 17200 E Ten Mile Rd, Eastpointe, MI 48021

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