130 E 9 Mile Rd

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130 E 9 Mile Rd

ferndale, MI 48220
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

130 E 9 Mile Rd is located in the heart of downtown Ferndale, a vibrant district known for its walkable streetscape and mix of independent retail, dining, and entertainment. The property situated just east of Woodward Avenue, providing direct access to a major regional thoroughfare. The surrounding area features numerous municipal parking lots and is serviced by multiple SMART bus routes. It is positioned approximately one mile north of the Eight Mile Road corridor and the Detroit city border, offering convenient proximity to both I-75 and I-696. This office asset is well-suited for professional service firms, creative agencies, or non-profit organizations seeking a high-visibility location within a suburban downtown environment. The layout typically attracts tenants such as architectural firms, legal practitioners, or boutique marketing agencies that benefit from the neighborhood’s active daytime foot traffic. The property’s central position within the Ferndale business district makes it an ideal choice for businesses requiring a central Woodward corridor presence with easy access for both employees and clients.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times