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Southfield Office Space For Rent
For Lease
$3,267/Mo

17220 W 12 Mile Rd 230, Southfield, MI 48076

Centrally located office space with easy freeway access and parking.

Space SizeContact for details
Lot Size1.02 Acres
Days on Market163

Property Features for 17220 W 12 Mile Rd 230

General Information

Standard status Active
Lot size 1.02 Acres
Property subtype Commercial

Building Details

Year Built 1971
Listing Agency: Forward Commercial Group
Listed By: Emil Cherkasov · License #6502392741
Source: Elliman
Added: Mar 11 Changed: Jul 10 Last Checked: Aug 20 at 10:54AM

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 Forward Commercial Group

Investment Insights

Based on property information with market context.

This two-story, 14,890 square foot office building is centrally located minutes from Birmingham and Royal Oak. It offers convenient freeway access via I-696 and ample parking. Signage rights are available. Suite 230 offers 3,267 square feet at $12.00 per square foot per year, with rent being gross plus electric. Current tenants include a physical therapy group and a home care provider.

Key Highlights

  • Centrally located minutes from Birmingham and Royal Oak.
  • Easy freeway access via I‑696.
  • Ample parking.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Storage Facility Electrical Service Garden 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
$1.80 /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

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

This space is priced 55% 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
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Frequently Asked Questions

What type of property is this?
Office units - Centrally located office space with easy freeway access and parking.
Where is this office units located?
The property is located at 17220 W 12 Mile Rd 230 Southfield, MI.
What is the lease rate?
The lease rate is $3,267/Mo.
What are key features of this property?
This property features: Centrally located minutes from Birmingham and Royal Oak.; Easy freeway access via I‑696.; Ample parking.
More about this property
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