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One Towne Square Office Units
For Lease
$14.50 SF/Yr

One Towne Square, Southfield, MI 48076

Class A office setting with conference, fitness, dining, and on-site business services.

Space Size999 SF - 24,297 SF
Property Size423,360 SF
Days on Market5550

Property Features for One Towne Square

General Information

Standard status Active
Size 999 SF - 24,297 SF
Net Rentable 999 SF
Class A
Total Parking Spaces 2000
Property subtype Office
Zoning RC
Lease Type Full Service

Space & Availability

Available Space 999-24,297 SF
Contiguous Space 24,297 SF
Space Use Office

Amenities

Towne Square Food & Spirits restaurant
conference center
fitness center
cyber lounge
cafeteria
travel agency
car wash/detailing
shoe shine
postal services
on-site management
car charging stations

Building Details

Building Size 423,360 SF
Year Built 1992
Buildings 1
Stories 18
Listing Agency: Signature Associates - Southfield
Listed By: Jeffrey Trepeck · License #6502344986
Source: Cpix.resimplifi
Added: Jun 23, 2011 Changed: Aug 29 Last Checked: Aug 29 at 6:51PM

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.

One Towne Square is a 423,360-square-foot office property completed in 1992, with office and retail suites available within a Class A business environment. The property can accommodate up to 24,297 square feet of contiguous space, while the retail component includes 999 square feet of availability. Zoning is RC.

On-site amenities include a conference center, fitness center, cyber lounge, cafeteria, restaurant, travel agency, car wash and detailing service, shoe shine service, postal services, and property management. Six car charging stations are also provided. The building has received the BOMA TOBY Office Building of the Year award for 2023, 2021, and 2019.

Key Highlights

  • Up to 24,297 square feet of contiguous space available
  • 999 square feet of retail space available
  • 423,360‑square‑foot office property completed in 1992

Property Analytics

Current Use

Office Units

Lease Details

NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby

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

Lease Benchmarks for Southfield, MI

$25.56 /SF/Yr
Avg Asking Price
$1.5–$299 /SF/Yr
Price Range
34,082 SF
Avg Space Size

This space is priced 43% below the average of $25.56 /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
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Frequently Asked Questions

What type of property is this?
Office units - Class A office setting with conference, fitness, dining, and on-site business services.
Where is this office units located?
The property is located at One Towne Square Southfield, MI.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Up to 24,297 square feet of contiguous space available; 999 square feet of retail space available; 423,360‑square‑foot office property completed in 1992
More about this property
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