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Renovated Southfield Office/Flex Space
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25650 11 Mile Rd, Southfield, MI

Recently renovated office and flex space with shop area.

Space Size25,956 SF
Lot Size4.91 Acres
Days on Market761

Property Features for 25650 11 Mile Rd

General Information

Standard status Active
Size 25,956 SF
Lot size 4.91 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 25650 11 Mile Rd
25650 11 Mile Rd $11.50/SF/Yr
Floor 1
Size 25,956 SF
Type OFFICE
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Premium kitchen & lounge - Extensive glass offices thruout - Immediate occupancy - Approximately 24,000 square feet - Shop area with overhead door access - Recently renovated
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Listing Agency: Transwestern | Detroit
Listed By: William (Bill) Harvey
Source: Moodyscre
Added: Sep 23, 2024 Changed: Oct 1 Last Checked: Oct 20 at 6:38PM

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 Transwestern | Detroit

Rey
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Investment Insights

Based on property information with market context.

This property offers approximately 24,000 square feet of office and flex space. It features a shop area with overhead door access. The space has been recently renovated and includes a premium kitchen and lounge area. Extensive glass offices are located throughout the building. Immediate occupancy is available.

Key Highlights

  • Approximately 24,000 square feet
  • Recently renovated
  • Premium kitchen & lounge**

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Methode Electronics Factory Transwestern Southfield Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Electrical Service Acupuncture

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

NNN (Triple Net)
Lease Type
$1.72 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

742
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Southfield, MI

$16.15 /SF/Yr
Avg Asking Price
$7.99–$41.14 /SF/Yr
Price Range
40,458 SF
Avg Space Size

This space is priced 29% below the average of $16.15 /SF/Yr.

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 unit - Recently renovated office and flex space with shop area.
Where is this office unit located?
The property is located at 25650 11 Mile Rd Southfield, MI.
What is the lease rate?
The lease rate is $11.50 SF/Yr.
What are key features of this property?
This property features: Approximately 24,000 square feet; Recently renovated; Premium kitchen & lounge**
(248) 440-1441 Call to check price and availability
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