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Office Building with Covered Parking
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100 Galleria Officentre, Southfield, MI 48034

Large contiguous floor plates with building signage, on-site generators, and access to shared conference, fitness, and service amenities.

Property Size234,866 SF
Price / SF$0.00
Days on Market276

Property Features for 100 Galleria Officentre

General Information

Standard status Active
Size 234,866 SF
Net Rentable 123,746 SF
Property subtype Office
Zoning RC

Additional Details

Highway Access Yes

Amenities

conference facilities
fitness center
locker rooms
full-service cafes
dry cleaning services
sundry shops
amphitheater
generators
building signage

Building Details

Building Size 234,866 SF
Parking Ratio 4.7 per 1,000 SF
Listing Agency: Friedman Integrated Real Estate
Listed By: Robert Gagniuk
Source: Cpix.resimplifi
Added: Jan 13 Changed: Oct 11 Last Checked: Oct 14 at 7:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Friedman Integrated Real Estate

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Investment Insights

Based on property information with market context.

100 Galleria Officentre is a substantial office property offering full-floor configurations, including approximately 60,000 SF and two contiguous floors totaling 123,746 RSF. Plug-and-play space is available, while prominent building signage is offered along Northwestern Hwy and 12 Mile Rd. The property is zoned RC and contains 234,866 square feet.

On-site generators support tenant operations, and an executive covered parking garage serves buildings 100 and 300. The complex provides an overall parking ratio of 4.7/1000. Shared amenities include conference facilities, a fitness center with locker rooms, full-service cafes, dry cleaning, sundry shops, and access to an amphitheater within Star Theaters located on the property.

The property is at 100 Galleria Officentre in Southfield, within the Southfield Office Market. It is near I-696, Northwestern Hwy, and John C Lodge Fwy, with access to major southeastern Michigan markets.

Key Highlights

  • Two contiguous full floors totaling 123,746 RSF
  • Approximately 60,000 SF full‑floor availability
  • 234,866‑square‑foot office property zoned RC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$808,526
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,170,520 $16.2M
Cap Rate 7%
$11,550,371 $11.6M
Cap Rate 9%
$8,983,622 $9.0M
Market Conditions
NOI Build-Up for 234,866 SF
Gross rent
$1.41M $6.00/SF
− Vacancy
−$331.2K −$1.41/SF
EGI
$1.08M $4.59/SF
− OpEx
−$269.5K −$1.15/SF
NOI
$808.5K $3.44/SF
Area
Oakland County, MI
Vacancy
23.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$16,170,520
Cap Rate 7%
$11,550,371
Cap Rate 9%
$8,983,622

Alternative Uses

Best Use
Office B
$11.55M
$10.11M – $13.48M (±1% cap)
NOI $808,526 @ 7.0% cap · market cap 4,620,148.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$50.66M
$44.33M – $59.10M (±1% cap)
NOI $3,546,101 @ 7.0% cap · market cap 20,263,434.29%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Goodyear Tire & Rubber ... Auto Repair Shop Forbes Co Construction Company Levine Benjamin Law Firm Susan G Komen® ... Charitable Organization Christopher Meny Pharmacy

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store HVAC Service Real Estate Agency Gym & Fitness Center Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,332
Businesses Nearby

Demographics for 48034, MI

14,480
Population
8,634
Households
1.7
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
4.3 sq mi
ZIP Area
3,367
Density / Sq Mi
$59,634
Median Household Income
$40,068
Median Earnings
$1,275
Median Rent
$259,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - Large contiguous floor plates with building signage, on-site generators, and access to shared conference, fitness, and service amenities.
Where is this office building located?
The property is located at 100 Galleria Officentre Southfield, MI.
What are key features of this property?
This property features: Two contiguous full floors totaling 123,746 RSF; Approximately 60,000 SF full‑floor availability; 234,866‑square‑foot office property zoned RC
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