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24370 Northwestern Highway, Southfield, MI 48075

Office space for lease in Southfield, Michigan.

Space Size8,000 SF
Property Size24,000 SF
Days on Market2227

Property Features for 24370 Northwestern Highway

General Information

Standard status Active
Size 8,000 SF
Total Parking Spaces 100
Property subtype Office
Lease Type Gross

Building Details

Building Size 24,000 SF
Year Built 1968
Tenancy Multiple

Spaces For Lease

at 24370 Northwestern Highway Contact us

Suite 1st Floor

Size
8,000 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us

Suite 3rd Floor

Size
8,000 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Friedman Real Estate
Listed By: Robert Moon · License #MI
Source: Crexi
Added: Aug 3, 2020 Changed: Aug 22 Last Checked: Sep 7 at 6:50AM

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 Real Estate

Investment Insights

Based on property information with market context.

This commercial real estate property offers office spaces for lease. Located in Southfield, Michigan, the property is situated at 24370 Northwestern Highway.

Key Highlights

  • For lease
  • Year Built: 1968

Property Analytics

Current Use

Knight Drugs Pharmacy Mortgage Builder Loan Service Party Layne Event Planning Law Offices of Joumana ... Law Firm The Business Loan Connection Loan Service

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Restaurant Big Box & Wholesale Store Storage Facility

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
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,321
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48075, MI

22,967
Population
10,757
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,146
Density / Sq Mi
$67,630
Median Household Income
$43,417
Median Earnings
$1,284
Median Rent
$218,900
Median Home Value

Market

Lease Benchmarks for Southfield, MI

$21.7 /SF/Yr
Avg Asking Price
$1.5–$299 /SF/Yr
Price Range
42,210 SF
Avg Space Size

This space is priced 54% below the average of $21.7 /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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Office space - Office space for lease in Southfield, Michigan.
Where is this office space located?
The property is located at 24370 Northwestern Highway Southfield, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: For lease; Year Built: 1968
More about this property
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