24450 Evergreen Rd

24450 Evergreen Road offers a highly accessible and central Southfield location, just one block south of Northwestern Highway (M-10) and minutes from major thoroughfares including Telegraph Road (US-24) and the Southfield Freeway (M-39). This connectivity provides seamless access to the broader Metro Detroit region, making it convenient for both tenants and visitors. The property is surrounded by a strong concentration of office users, medical providers, and service-oriented businesses, supported by a dense daytime population of over 68,000 employees within a 3-mile radius. This established business environment enhances tenant demand and supports long-term stability. In addition to its central location, the property benefits from strong traffic patterns along nearby corridors, with significant daily vehicle counts along Northwestern Highway and Evergreen Road, further reinforcing visibility and accessibility.A rare opportunity to acquire a 33,600 SF office property in the heart of Michigan’s premier business hub - stabilized income today with clear upside tomorrow. Positioned in one of metro Detroit’s most established office corridors, the 33,600 SF multi-tenant office building at 24450 Evergreen Road presents a stabilized investment opportunity with meaningful upside. The property is 88% occupied by a diverse mix of professional, medical, and service-oriented tenants, generating strong in-place income with the ability to enhance returns through lease-up and strategic repositioning. The asset has benefited from significant recent capital improvements totaling approximately $600,000, including a full roof replacement in 2022 and the installation of a high-efficiency HVAC system with air balancing and digital controls in 2025. These upgrades materially reduce near-term capital expenditure risk while improving operational efficiency and tenant comfort—key drivers of long-term occupancy and retention. Situated on a 1.80-acre site, the building offers flexible suite configurations that appeal to a broad tenant base, supported by abundant natural light, efficient layouts, and professional on-site management. In addition to the existing income stream, investors have the rare opportunity to acquire the adjacent 3.59-acre parcel, providing future expansion or redevelopment potential in a high-demand submarket. Supported by over 147,000 daytime employees within a five-mile radius and immediate access to major thoroughfares, this offering combines stability, scalability, and long-term growth potential through lease-up and strategic repositioning.