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Well-Maintained Office Suites
For Lease
$15 SF/Yr

24151 Telegraph Road, Southfield, MI 48033

Immaculately maintained office building offers two available suites with on-site management.

Space Size1,200 SF - 4,226 SF
Property Size21,988 SF
Days on Market33

Property Features for 24151 Telegraph Road

General Information

Standard status Active
Size 1,200 SF - 4,226 SF
Total Parking Spaces 49
Property subtype Industrial
Zoning I-1
Lease Term Gross

Building Details

Building Size 21,988 SF
Year Built 1968
Year Renovated 1998

Spaces For Lease

at 24151 Telegraph Road Contact us

Name

Type
Space Type
Contact us

Suite 180 $15/SF/Yr

Size
4,226 SF
Type
Office
Contact us

Suite 220 $15/SF/Yr

Size
1,200 SF
Type
Office
Contact us
Listing Agency: Friedman Integrated Real Estate - Corporate
Listed By: Dan Verderbar
Source: Friedmanrealestate
Added: Jul 23 Changed: Aug 8 Last Checked: Aug 24 at 4:18AM

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 Friedman Integrated Real Estate - Corporate

Investment Insights

Based on property information with market context.

Well-managed, impeccably maintained office building with two available office suites. Suite 180 is offered with a total space of 4,226 USF, and Suite 220 provides 1,200 USF. The suites feature nicely divided office space layouts suitable for a range of professional uses.

The property is located in Central Southfield and is supported by on-site management.

Both suites are priced based on usable square footage, and the building is presented in well-kept condition.

Key Highlights

  • Office building built in 1968 with 2 available suites
  • Suite 180: 4,226 USF with nicely divided office space
  • Suite 220: 1,200 USF office suite

Property Analytics

Current Use

Law Office of TaTaNisha ... Law Firm Boot Camp Gym & Fitness Center VHM Enterprises Inc Commercial Cleaning Service Khansa Group Construction Company Detroit Premier Properties Property Management Company

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Pharmacy Big Box & Wholesale Store

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

576
Businesses Nearby

Demographics for 48033, MI

17,207
Population
9,198
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
1,891
Density / Sq Mi
$55,599
Median Household Income
$45,192
Median Earnings
$1,242
Median Rent
$195,100
Median Home Value

Market

Lease Benchmarks for Southfield, MI

$26.5 /SF/Yr
Avg Asking Price
$1.5–$299 /SF/Yr
Price Range
22,223 SF
Avg Space Size

This space is priced 43% below the average of $26.5 /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 - Immaculately maintained office building offers two available suites with on-site management.
Where is this office units located?
The property is located at 24151 Telegraph Road Southfield, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Office building built in 1968 with 2 available suites; Suite 180: 4,226 USF with nicely divided office space; Suite 220: 1,200 USF office suite
More about this property
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