Renovated Office
For Lease
$28 SF/Yr
555 S Old Woodward Ave, Birmingham, MI 48009
Suite 24L offers flexible office or retail use within a renovated Birmingham commercial building.
Space Size2,369 SF
Property Size81,300 SF
Days on Market1034
Property Features for 555 S Old Woodward Ave
General Information
Standard status
Active
Size
2,369 SF
Net Rentable
2,369 SF
Class
A
Total Parking Spaces
560
Property subtype
Office, Retail
Zoning
B1
Lease Type
NNN
Space & Availability
Available Space
2,369 SF
Contiguous Space
2,369 SF
Space Use
Office
Lease Terms
Lease Rate
$28 /USD/SF/YR
Monthly Rent
$5,527
Rent per SF/Year
$28
Amenities
complimentary fitness center
Birmingham Pub with conference facility
on-site parking
Building Details
Building Size
81,300 SF
Year Built
1975
Year Renovated
2017
Buildings
2
Stories
5
Listing Agency:
Signature Associates - Southfield
(248) 799-3144
Listed By:
Dan Morrow
(248) 799-3144
Source:
Cpix.resimplifi
Added: Nov 2, 2023
Changed: Aug 29
Last Checked: Aug 31 at 12:45PM
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 Signature Associates - Southfield
Investment Insights
Based on property information with market context.
Suite 24L provides 2,369 square feet that can accommodate either office or retail use. The space is located within a renovated commercial building completed in 1975 and identified under B1 zoning. Tenant amenities include a fitness center, while a pub and conference facility are also located in the building.
On-site parking serves tenants and visitors, with 560 spaces available. The property is located at 555 S. Old Woodward Ave in Birmingham, Michigan, providing a recognizable commercial address for an office or customer-facing user.
On-site parking serves tenants and visitors, with 560 spaces available. The property is located at 555 S. Old Woodward Ave in Birmingham, Michigan, providing a recognizable commercial address for an office or customer-facing user.
Key Highlights
- 2,369 sq. ft. Suite 24L
- Office or retail use supported
- Renovated commercial building completed in 1975
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,664
Businesses Nearby
Explore this area
Business Placement
Demographics for 48009, MI
21,817
Population
10,333
Households
2.1
Avg Household Size
43
Median Age
77%
College-Educated
99%
High-School Grad
5.0 sq mi
ZIP Area
4,363
Density / Sq Mi
$152,443
Median Household Income
$84,415
Median Earnings
$1,891
Median Rent
$712,000
Median Home Value
Market
Lease Benchmarks for Birmingham, MI
$83.59 /SF/Yr
Avg Asking Price
$15.95–$270 /SF/Yr
Price Range
2,665 SF
Avg Space Size
This space is priced 67% below the average of $83.59 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Suite 24L offers flexible office or retail use within a renovated Birmingham commercial building.
Where is this office units located?
The property is located at 555 S Old Woodward Ave Birmingham, MI.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 2,369 sq. ft. Suite 24L; Office or retail use supported; Renovated commercial building completed in 1975
