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26400/26200 LAHSER Road SouthfieldCity, Michigan 48033

  • $26,250,000

Overview

Property ID: 20250009492
  • Commercial Sale
  • Type
  • 18896 sqft
  • Area Size

Description

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.

Address

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  • Address: 26400/26200 LAHSER Road SouthfieldCity, Michigan 48033
  • Zip/Postal Code: 48033

Details

Updated on August 15, 2025 at 7:31 am
  • Property ID 20250009492
  • Price $26,250,000
  • Property Size 18896 sqft
  • Year Built 1969
  • Type Commercial Sale
  • Property Status For Sale

Additional details

  • Test Test Data
  • Lot Size Dimensions 333X1192
  • Lot Size Acres 860
  • Road Frontage Type Paved
  • Water Source Public
  • County or Parish Oakland
  • Price Per Sq Ft 1,389.18

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