26400/26200 LAHSER Road Southfield, MI $ 24,999,000
26400/26200 LAHSER Road
$ 24,999,000
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26400/26200 LAHSER Road

Southfield, MI, 48033
$ 24,999,000
Bedrooms-- Baths-- Sq 18,896

Monthly Estimate*

$ 155,961

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Commercial Property for sale in Southfield, MI

for $24,999,000. This 18,896 square foot building was built in 1969 on a lot size of 860.

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.

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Commercial Active

Price

$ 24,999,000

Property Type

Commercial

Taxes

$ 160,638

Style

BusinessandRealEstate

Lot Size

860

Year Built

1969

Town/City

Southfield

County/Region

Oakland

MLS | Web ID

20251041223

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities UndergroundUtilities
Possession AtClose
Roof Rubber
Garage Spaces 0.0
Security Features BuildingSecurity CarbonMonoxideDetectors FireAlarm FireEscape FireSprinklerSystem SmokeDetectors
Construction Materials Asphalt
Year Built 1969
Levels Story4to10
Property Subtype BusinessandRealEstate
Current Use Commercial MixedUse Office
Business Type Commercial
County Oakland
Net Operating Income 1881048.0
Operating Expense 1241902.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions EAST OF LAHSER SOUTH OF LODGE
City SouthfieldCity_Oakland
Senior Community Y/N N
High School District SouthfieldPublicSchools
Zoning Description Commercial Multiple Office
MLS Area Area02244Southfield
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 160638.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 2290292
Expected Active Date 2025-09-30
Legal Description T1N R10E SEC 22 PART OF NW 1/4 BEG AT PT DIST N 00-12-45 E 625.63 FT & S 89-40-15 E 60 FT FROM NW 1/4 COR TH N 00-12-45 E 636.10 FT TH S 89-40-15 E 305.21 FT TH S 62-37-30 E 32.47 FT TH S 00-12-30
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Exterior
Parking Features Lighted ParkingLot
Water Source Public
Foundation Details Poured Slab
Spa N
Building Area Total 188964.0
Lot Dimensions 333X1192
Lot Size Acres 860.0
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 18896.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 26400
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* Excluded Features
List By
Brandon Curry

Listing Agent

Signature Sotheby's International Realty Bham

Broker

(248) 644-7000

Phone

Affordability Calculator

$169,348
Per Month
92%
8%
0%
Monthly Principal & Interest
$155,961
Monthly Property Taxes
$13,387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4909247 Elementary School
4909698 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2025$24,999,000 Listed Price

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26400/26200 LAHSER Road, Southfield, MI, 48033 is a Commercial Property for sale at $24,999,000 with 18,896 sqft and a lot size of 860. 26400/26200 LAHSER Road was built in 1969. The property's zip code is 48033 which is in Southfield, MI