Commercial Real Estate Services

www.friedmanrealestate.com 248.324.2000

Property Search

Choose from the following options to narrow your search results:


For Sale or Lease

American Physicians Building

3881-3901 Highland Road
Waterford, Michigan 48328

Available Spaces

  • +
  • Suite A
  • 1,100 SF
  • Available Immediately
Annual Rental Rate: 14 PSF
  • +
  • Suite B
  • 1,600 SF
  • Available Immediately
Annual Rental Rate: 14 PSF

Share Listing

E-mail this listing
Sender's Name
Sender's Name is missing or invalid.
Sender's Email
Sender's Email Address is missing or invalid.
Recipient's Name
Recipient's Name is missing or invalid.
Recipient's Email
Recipient's Email is missing or invalid.
Comment
Email has been sent.
An error occured while sending an email. Please try again.

Share this listing

Request a Call

Your Name
Your Phone Number
Your Email

Your Message
Thank you. A representative from Friedman will be contacting you shortly.
An error occured while processing your request. Please try again.
Success

Thank you. A broker will be in touch shortly.

For Sale or Lease

American Physicians Building

3881-3901 Highland Road
Waterford, Michigan 48328

- Property Information

eCODE 778
County: Oakland
Property Type: Medical, Office
Total Building SF: ± 10,100 SF
Available Building SF: ± 2,700 SF
Occupancy Rate: 73%
Min. Contiguous: ± 1,100 SF
Max. Contiguous: ± 1,600 SF
Rental Rate (annually): $14.00 PSF NNN
Sale Price: $895,000
Sale Price Per SF: $88.61

- Property Details

Occupancy Type: Multi Tenant
Year Built: 1965
# Acres: 1.40
Zoning: BI
Parking Type: Surface
# Spaces: 60

- Additional Information

  • 10,100 SF medical office building for sale
  • 2,700 SF available for lease
  • Anchored by McLaren Oakland Health Care
  • Excellent opportunity for a physician or medical group to own & occupy
  • Outstanding visibility and traffic counts along Highland Road (M-59)
  • Exceptionally strong demographics in immediate & surrounding area
  • Very well-maintained; large parking lot was just re-surfaced
  • Lease Rate: $14.00/SF NNN
  • In-Place NOI: $91,275
  • In-Place Cap Rate: 10.20%
  • Asking Price: $895,000

- For more information, contact:

Steven Silverman

Joel Kestenberg

248.324.2000 Request a call
Suite Number Size Rental Rate Availability
A 1,100 SF $14 PSF Immediate
B 1,600 SF $14 PSF Immediate