Downtown Office
121 South Main Street, Royal Oak, MI 48067
For Lease
$18 SF/Yr
Lease options range from three to five years, with suites spanning a compact range of office sizes.
Space Size517 SF - 2,172 SF
Property Size20,000 SF
Days on Market13
Property Features for 121 South Main Street
General Information
Standard status
Size
Net Rentable
Class
Property subtype
Lease Term
Space & Availability
Available Space
Space Use
Additional Details
Lease Term
Building Details
Building Size
Year Built
Spaces For Lease
at 121 South Main Street Contact us110 $18/SF/Yr
Size
932 SF
Type
Office Building
Term
12 - 60 months
120 $18/SF/Yr
Size
1,250 SF
Type
Office Building
Term
12 - 60 months
130 $18/SF/Yr
Size
539 SF
Type
Office Building
Term
12 - 60 months
140 $18/SF/Yr
Size
1,216 SF
Type
Office Building
Term
12 - 60 months
160 $18/SF/Yr
Size
850 SF
Type
Office Building
Term
12 - 60 months
230 $26/SF/Yr
Size
517 SF
Type
Office Building
Term
60 months
2nd Floor $26/SF/Yr
Size
2,172 SF
Type
Office Building
Term
60 months
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Listing Agency:
NAI Farbman - Corporate
Listed By:
Rick Ax · License MI #6506040861
(248) 842-0314
Source:
Naiglobal
Added: Oct 28
Changed: Nov 7
Last Checked: Nov 8 at 2:51AM
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 NAI Farbman - Corporate
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Investment Insights
Based on property information with market context.
Office units are available in sizes from 600 to 2,600 square feet, with lease terms of three to five years. The building dates to 1925.
The property is on South Main Street in downtown Royal Oak, just south of 11 Mile. Coffee shops and restaurants are within walking distance, and municipal parking is available nearby.
The property is on South Main Street in downtown Royal Oak, just south of 11 Mile. Coffee shops and restaurants are within walking distance, and municipal parking is available nearby.
Key Highlights
- Office suites range from 600 to 2,600 square feet
- Lease terms of three to five years
- On South Main Street in downtown Royal Oak, just south of 11 Mile
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,574
Businesses Nearby
Explore this area
Business Placement
Demographics for 48067, MI
24,589
Population
13,714
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
96%
High-School Grad
4.6 sq mi
ZIP Area
5,345
Density / Sq Mi
$107,355
Median Household Income
$76,700
Median Earnings
$1,435
Median Rent
$309,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Royal Oak, MI
$29.71 /SF/Yr
Avg Asking Price
$13–$44 /SF/Yr
Price Range
2,331 SF
Avg Space Size
This space is priced 39% below the average of $29.71 /SF/Yr.
Average Price Trend$/SF/Yr for Office Units in Royal Oak, MI
Properties on Market for Office Units in Royal Oak
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Lease options range from three to five years, with suites spanning a compact range of office sizes.
Where is this office unit located?
The property is located at 121 South Main Street Royal Oak, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Office suites range from 600 to 2,600 square feet; Lease terms of three to five years; On South Main Street in downtown Royal Oak, just south of 11 Mile
