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Royal Oak Office Space Available
For Lease
$800/Mo

26862 Woodward Avenue, Royal Oak, MI 48067

Sublease office space with shared reception area and parking.

Space Size500 SF
Property Size8,000 SF
Days on Market177

Property Features for 26862 Woodward Avenue

General Information

Standard status Active
Size 500 SF
Class B
Property subtype Office
Lease Term MG

Building Details

Building Size 8,000 SF
Year Built 1990

Spaces For Lease

at 26862 Woodward Avenue Contact us

102 B $800/SF/Yr

Size
500 SF
Type
Office Building
Term
36 months
Contact us
Listing Agency: NAI Farbman - Corporate
Listed By: Rick Ax · License #6506040861
Source: Naiglobal
Added: Feb 26 Changed: Aug 8 Last Checked: Aug 21 at 5:54AM

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

Investment Insights

Based on property information with market context.

This commercial real estate offers office units for rent in Royal Oak, Michigan, located on Woodward Avenue just south of 11 Mile. The available space is a sublease of 500 square feet within a professional office building. The lease term is three to five years. The space includes a shared reception area and ample parking.

Key Highlights

  • Prime Location: Situated on Woodward Avenue, just south of 11 Mile.
  • Affordable Rent: $800 per month.
  • Shared Reception Area: Includes access to a shared reception area.

Property Analytics

Current Use

Cohen Lerner & Rabinovitz Law Firm VersAlta Mission Solutions Consultant RE/MAX First - South ... Real Estate Agency Robert Visingardi Real Estate Agency Robert Visingardi & Associates ... Real Estate Agency

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Electrical Service Grocery & Convenience Store Storage Facility Hotel & Motel

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
$2.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,408
Businesses Nearby

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

Market

Lease Benchmarks for Royal Oak, MI

$26.35 /SF/Yr
Avg Asking Price
$4.17–$63.89 /SF/Yr
Price Range
6,098 SF
Avg Space Size

This space is priced 27% below the average of $26.35 /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 - Sublease office space with shared reception area and parking.
Where is this office units located?
The property is located at 26862 Woodward Avenue Royal Oak, MI.
What is the lease rate?
The lease rate is $800/Mo.
What are key features of this property?
This property features: Prime Location: Situated on Woodward Avenue, just south of 11 Mile.; Affordable Rent: $800 per month.; Shared Reception Area: Includes access to a shared reception area.
More about this property
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