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Southfield Road Office Space Available
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24525-24555 Southfield Road, Southfield, MI 48075

Office space available for rent in Southfield, Michigan.

Space Size17,000 SF
Days on Market2225

Property Features for 24525-24555 Southfield Road

General Information

Standard status Active
Size 17,000 SF
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 17,000 SF
Tenancy Multiple

Spaces For Lease

at 24525-24555 Southfield Road Contact us

Contact Broker for Availability

Size
17,000 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Friedman Real Estate
Listed By: Dan Verderbar · License #MI
Source: Crexi
Added: Aug 3, 2020 Changed: Aug 26 Last Checked: Sep 2 at 11:09PM

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.

An office space is available for rent at a property located on Southfield Road in Southfield, Michigan. The available space encompasses 320 square feet.

Key Highlights

  • Office space available.
  • 1 space available.
  • 320 SF size.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Restaurant Parking Lot & Garage Auto Parts Store Electrical Service HVAC Service

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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,057
Businesses Nearby

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

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

This space is priced 49% 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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space available for rent in Southfield, Michigan.
Where is this office units located?
The property is located at 24525-24555 Southfield Road Southfield, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Office space available.; 1 space available.; 320 SF size.
More about this property
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