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Southfield Office Park Rental Opportunity
For Lease
$299 SF/Yr
Pending

17320 W 12 MILE Rd, Southfield, MI 48076

Office spaces available in a convenient Southfield location.

Space SizeContact for details
Property Size61,617 SF
Lot Size3.58 Acres
Days on Market154

Property Features for 17320 W 12 MILE Rd

General Information

Standard status Pending
Size 61,617 SF
Lot size 3.58 Acres
Property subtype Commercial

Building Details

Building Size 61,617 SF
Year Built 1970
Listing Agency: RE/MAX Dream Properties
Listed By: Behzad Bokani
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 9 at 10:58AM

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 RE/MAX Dream Properties

Investment Insights

Based on property information with market context.

This office park, comprised of 10 buildings, offers a variety of office spaces ranging from single offices to suites with multiple rooms and conference rooms. The location provides convenient access to 696 and is situated close to downtown Birmingham. Ample parking is available for tenants and visitors. The office park currently houses approximately 100 tenants. Amenities include an on-site food truck for convenient lunchtime breaks and a conference room.

Key Highlights

  • Easy access to 696 highway.
  • Multiple office options available, from single offices to suites with multiple rooms.
  • Conference room access.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Storage Facility Electrical Service 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

NNN (Triple Net)
Lease Type
$44.85 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby

Demographics for 48076, MI

26,062
Population
11,016
Households
2.4
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
3,671
Density / Sq Mi
$85,171
Median Household Income
$50,210
Median Earnings
$1,451
Median Rent
$251,300
Median Home Value

Market

Lease Benchmarks for Southfield, MI

$23.65 /SF/Yr
Avg Asking Price
$1.5–$299 /SF/Yr
Price Range
21,122 SF
Avg Space Size

This space is priced 1164% above the average of $23.65 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office spaces available in a convenient Southfield location.
Where is this office units located?
The property is located at 17320 W 12 MILE Rd Southfield, MI.
What is the lease rate?
The lease rate is $299 SF/Yr.
What are key features of this property?
This property features: Easy access to 696 highway.; Multiple office options available, from single offices to suites with multiple rooms.; Conference room access.
More about this property
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