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Newly Renovated Modern Office Space
For Lease
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24555 Southfield Rd, Southfield, MI

Modern offices in central Metro Detroit location with aggressive rates.

Space Size17,000 SF
Lot Size0.66 Acres
Days on Market1377

Property Features for 24555 Southfield Rd

General Information

Standard status Active
Size 17,000 SF
Lot size 0.66 Acres
Property subtype OFFICE

Spaces For Lease

at 24555 Southfield Rd Contact us

Huntington Office Plaza $13/SF/Yr

Floor
1
Size
17,000 SF
Type
OFFICE
Lease Type
PLUS_ELECTRIC
Availability
AVAILABLE, Now
Sublease
No
Property Highlights: •Contact Broker for Availability •Exciting New Business...
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Listing Agency: Friedman Integrated Real Estate - Corporate
Listed By: Dan Verderbar
Source: Moodyscre
Added: Nov 15, 2022 Changed: Aug 9 Last Checked: Aug 23 at 11:34AM

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 Integrated Real Estate - Corporate

Investment Insights

Based on property information with market context.

This property offers newly renovated modern office spaces in a central location for all of Metro Detroit, with convenient access to 696, Southfield, and Lodge freeways. The building features ample surface parking and newly remodeled restrooms. Plumbing is prevalent in suites, and basement storage is available. The property provides an exciting new business environment with motivated new ownership and management. Contact Broker for Availability.

Key Highlights

  • Central location for all of Metro Detroit - 696, Southfield, Lodge
  • Newly renovated modern offices
  • Aggressive rental rates

Property Analytics

Current Use

St. Marie's Hospice Home Health Care Service The Tax & Insurance Place Accounting Firm Maxx Transit Freight Service mAbs at Home Medical Clinic Machlah Lopian Medical Clinic

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

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 51% 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 - Modern offices in central Metro Detroit location with aggressive rates.
Where is this office units located?
The property is located at 24555 Southfield Rd Southfield, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: Central location for all of Metro Detroit - 696, Southfield, Lodge; Newly renovated modern offices; Aggressive rental rates
(248) 324-2000 Call to check price and availability
More about this property
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