55,790 Square Foot Office Space For Sale @ 28200-28336 Franklin Road

DO NOT DISTURB TENANTS. Property tours are available by appointment ONLY. Please contact Richard Deptula to schedule at richard.deptula@freg.com or 248-848-4938. Investment Highlights: Separately parceled, ±55,790 SF multi-building office park located in Southfield, Michigan Dynamic “Class A” location due its centralized proximity within the metro Detroit area Each building is individually parceled - opportunity for future value-add through owner/user sales Abundant parking at a ratio of 4.52 per 1,000 square feet of rentable area Excellent linkages to medical centers, convention venues, schools, lodging, and dining Immediate access to all major medical facilities by way of Interstates 96/696/M-5/M-10, Northwestern Highway and Telegraph Road Investment Overview: Friedman Brokerage Company and Ten-X.com present the sale of The Courtyard Office Park (the “Property”), an eight (8) building, multi-tenant office condominium located at 28200-28336 Franklin Road in Southfield, Michigan. The Courtyard Office Park is a 55,790 square foot single-story office park set in the Southfield North of 10 Mile Submarket, which is a part of the greater Detroit metropolitan statistical area. The Property is positioned at the convergence of Franklin Road, Beck Road and Northwestern Highway, just north of an interchange with Interstate 696 and the Lodge (M-10) Expressway. Parking is provided onsite by way of a surface parking field that contains ±252 open and accessible parking stalls at a ratio of 4.52 per 1,000 square feet of rentable area. The Property is a single-story design and is comprised of eight (8) single story office condominium units, each with their own mutually exclusive tax parcel making this an excellent value-add opportunity not only through lease-up of vacant space, but also individual condominium sales to area owner/users who may see value owning their building versus leasing. At present, the Property is 48.53% occupied by nine (9) tenants who range in size from 877 square feet to 13,275 square feet. Unit 6, a similarly-sized building is contained in the park, but is not a part of this offering. Primary access to the area is provided by Northwestern Highway, a primary transportation corridor providing access to the local trade area including Farmington Hills and West Bloomfield to the northwest, and transitions into the Lodge (M-10) expressway to the southeast which provides direct and immediate access to the Detroit central business district. The park is situated on a ±6.761 acre master parcel with frontage, access and visibility available from the three aforementioned roadways. This intersection is one of the major transportation corridors traversing the metro area and is almost entirely lined by offices, retail, restaurants and residential neighborhoods. The Property benefits greatly from its location, in that it is centrally located within the Metro Detroit area at the convergence of immediately accessible expressways which provide the residents and businesses with ready access to all parts of the city, region and state. Interstate 696 and Interstate 96 provides east/west service, while M-10 and Interstate 275 provides north/south travel. The latter connects to I-94, continuing west to Chicago or east to Detroit and Port Huron. I-275 also connects to Interstate 75, one of the longest expressways in the country. Properties Included in Offering: APN: 76-24-18-279-001 (28310 Franklin Road, Unit 1) APN: 76-24-18-279-002 (28300 Franklin Road, Unit 2) APN: 76-24-18-279-003 (28330 Franklin Road, Unit 3) APN: 76-24-18-279-004 (28240 Franklin Road, Unit 4) APN: 76-24-18-279-005 (28220 Franklin Road, Unit 5) APN: 76-24-18-279-007 (28200 Franklin Road, Unit 7) APN: 76-24-18-279-008 (28200 Franklin Road, Unit 8) APN: 76-24-18-279-009 (28290 Franklin Road, Unit 9) APN: 76-24-18-279-010 (Master Condo Parcel) Unit 6 is under separate ownership and NOT included in this offering