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Third-Floor Office Space with Elevator
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117 W 4th St, Royal Oak, MI 48067

Third-floor office suite with accessible elevator, natural light, shared reception and three conference rooms, plus ample on-site parking.

Space Size5,000 SF
Days on Market485

Property Features for 117 W 4th St

General Information

Standard status Active
Size 5,000 SF
Elevators Yes
Property subtype OFFICE
Lease Type NNN

Space & Availability

Floor 3
Space Use Office

Amenities

conference rooms
reception area

Spaces For Lease

at 117 W 4th St Contact us

117 W 4th St $25/SF/Yr

Floor
3
Size
5,000 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Prime Location in Downtown Royal Oak, MI - 3rd Floor Modern and Professional Office...
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Listing Agency: NAI Farbman - Corporate
Listed By: Rick Ax · License #6506040861
Source: Moodyscre
Added: Apr 25, 2025 Changed: Aug 8 Last Checked: Aug 21 at 3:18PM

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.

Third-floor office space in a modern, professional building with high-quality finishes and fixtures. The suite is described as having a spacious layout with natural light, and it includes an accessible elevator for tenant convenience. A large outside 3rd-floor space is part of the suite for lease. The suite also includes shared access to three conference rooms and a reception area for client meetings.

The property is located in downtown Royal Oak with high visibility on W 4th St. The building offers ample area parking for employees and clients, and it is close to dining and other amenities.

The overall offering is configured for office use and suits tenants looking for a polished workspace with both indoor client space and shared meeting facilities.

Key Highlights

  • 5,000 SF third‑floor office space
  • High visibility on W 4th St in downtown Royal Oak
  • Accessible elevator for tenant convenience

Property Analytics

Current Use

The Hastings Injury Law ... Law Firm Young Insurance Law Law Firm The McManus Firm Law Firm Pitt, McGehee, Palmer, ... Law Firm Curewell IV HAUS Spa & Massage Center

Suggested Use

Top Pick Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Plumbing Service Locksmith Daycare 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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,766
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 5% 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 - Third-floor office suite with accessible elevator, natural light, shared reception and three conference rooms, plus ample on-site parking.
Where is this office units located?
The property is located at 117 W 4th St Royal Oak, MI.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 5,000 SF third‑floor office space; High visibility on W 4th St in downtown Royal Oak; Accessible elevator for tenant convenience
(248) 852-0314 Call to check price and availability
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