26400/26200 Lahser Road, Southfield, Michigan

$24,999,000

Previous Next

188,964

Square feet

860.00

Acres

About 26400/26200 Lahser Road

Conveniently located in the Detroit MSA within the Southfield Submarket, Lahser Center is considered a Class-B property, on the higher end, with a very high level of quality. Lahser Center tenants enjoy suites with high end finishes and ample space to maximize their best work. The Center is split into a beautiful 100,000 square foot, 4 story building (Lahser One) and a 75,000 square foot 3 story building (Lahser Two), the Lahser Center campus has now achieved over 95% occupancy rate with well-capitalized and diverse tenants. New elevators, remodeled lobby and a landscape refreshing show beautifully on the property. A building conference center and a grab-and-go cafeteria are just a few of the amazing upgrades made on the campus in the last 5 years. Located conveniently to the major freeways in the area and boasting a variety of restaurants and convenience within walking or driving distance, the campus is a huge draw to tenants and commerce. Highly visible signage and a massive parking lot. With an NOI of $2.1M, this complex is priced at an attractive 8% CAP rate with credit tenants, such as venture capital-back Arizona College of Nursing, Crescent Academy charter school, Michigan Evaluation Group, and many more. Additionally, please note that a large list of improvements are currently underway and will be delivered finished to the new buyer, including: repaving of entire parking lot, all new elevators, landscaping, and renovation of restrooms. These upgrades are currently underway and will be completed by Summer 2025. This is a unique opportunity to own a wonderful, successful property, please don't hesitate with any questions, this campus won't last long.

Features of 26400/26200 Lahser Road

MLS® # 60941077
Price $24,999,000
Square Footage 188,964
Acres 860.00
Year Built 19
Type Commercial
Sub-Type Commercial/Industrial
Status Active
Source MLS MiRealSource
Originating MLS RealComp

Community Information

Address 26400/26200 Lahser Road
Area Southfield
City Southfield
County Oakland
State Michigan
Zip Code 48033 2624

Amenities

Is Waterfront No

Interior

Heating Forced Air

Exterior

Roof Rubber
Foundation Slab

Additional Information

Zoning Mixed Use, Professional Office, Commercial
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSignature Sotheby's International Realty Bham

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?