Listing Agency: Colliers - Royal Oak/Detroit, Michigan

Listed By: Barry Swatsenbarg · License #6501294779

Source: Crexi

Added: Apr 10 Changed: Jul 23 Last Checked: Jul 23 at 10:04AM

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Investment Insights

Based on property information with market context.

This office building is offered for sale and totals 12,224 SF, according to public remarks. The property is positioned to support office use with an existing commercial footprint.

The building is located at 21540 W Eleven Mile Road in Southfield, Michigan.

For more details on layout, condition, and available improvements, please contact the listing broker.

Key Highlights

• Office building for sale totaling 12,224 SF

Property Analytics

Current Use

Dr. Fitzpatrick Wilson, ... Physician Ashley Fields Physician Dr. Rigel Galera Pediatrician Uzair Munshey Pediatrician Rapid Respiratory Services ... Medical Supply Store

Suggested Use

Top Pick Building Supply Grocery & Convenience Store Garden Center Furniture & Home Goods Parking Lot & Garage Locksmith

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

Location Intelligence

Trade Area within ½ mile

1,090

Businesses Nearby

Explore this area Business Placement

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

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Office building offering 12,224 SF for sale.

Where is this office building located?

The property is located at 21540 W Eleven Mile Road Southfield, MI.

What are key features of this property?

This property features: Office building for sale totaling 12,224 SF