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Southfield Office Space For Lease
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27650-27778 Franklin Road, Southfield, MI 48034

Office space available for lease in Southfield, Michigan.

Space Size1,876 SF
Property Size41,128 SF
Days on Market1784

Property Features for 27650-27778 Franklin Road

General Information

Standard status Active
Size 1,876 SF
Property subtype Office

Building Details

Building Size 41,128 SF
Tenancy Multiple

Spaces For Lease

at 27650-27778 Franklin Road Contact us

Suite 27764

Size
1,876 SF
Availability
Active
Contact us
Listing Agency: Friedman Real Estate
Listed By: Robert Moon · License #MI
Source: Crexi
Added: Oct 21, 2021 Changed: Sep 5 Last Checked: Sep 7 at 2:57AM

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.

Office space is available for lease at a property located on Franklin Road in Southfield, Michigan. The property is suitable for commercial real estate purposes.

Key Highlights

  • For Lease

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Parking Lot & Garage Barber Shop HVAC Service (Bike/Boat/Book/etc) Store Home Appliance Store Grocery & Convenience Store

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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48034, MI

14,480
Population
8,634
Households
1.7
Avg Household Size
43
Median Age
40%
College-Educated
96%
High-School Grad
4.3 sq mi
ZIP Area
3,367
Density / Sq Mi
$59,634
Median Household Income
$40,068
Median Earnings
$1,275
Median Rent
$259,400
Median Home Value

Market

Lease Benchmarks for Southfield, MI

$22.55 /SF/Yr
Avg Asking Price
$8–$299 /SF/Yr
Price Range
38,515 SF
Avg Space Size

This space is priced 20% below the average of $22.55 /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
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Frequently Asked Questions

What type of property is this?
Office space - Office space available for lease in Southfield, Michigan.
Where is this office space located?
The property is located at 27650-27778 Franklin Road Southfield, MI.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: For Lease
More about this property
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