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Office Building with Ground Retail
For Lease
$19.50 SF/Yr

27777 Franklin Rd, Southfield, MI 48034

Contiguous office space is available on floors 11 through 13, plus ground-level retail ranging from 508 to 1,784 SF.

Space SizeContact for details
Days on Market52

Property Features for 27777 Franklin Rd

General Information

Standard status Active
Property subtype Office
Zoning RC
Listing Agency: Cushman & Wakefield Michigan
Listed By: Garrett Keais
Source: Cpix.resimplifi
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 13 at 4:25AM

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 Cushman & Wakefield Michigan

Investment Insights

Based on property information with market context.

This office building offers 61,371 SF of contiguous space available on floors 11, 12, and 13. Ground level retail space is also available, ranging from 508 to 1,784 SF. Building amenities include a fitness center with mezzanine cyber lounge, complimentary Wi-Fi in the lobby, and on-site management, along with a mix of existing services such as a florist, dry cleaning, convenience store, postal service, shoeshine, and an ATM.

The property is described as having excellent visibility and access via Northwestern Highway and M-10, with an exit ramp from I-696. Parking is supported by a 200-car executive parking deck and approximately 2,000-car surface parking, and the building provides signage opportunities.

Additional features include redundant power and an ENERGY STAR award for superior energy performance.

Key Highlights

  • 61,371 SF contiguous office space available on floors 11, 12, and 13
  • Ground‑level retail spaces available from 508 to 1,784 SF
  • Fitness center with mezzanine cyber lounge

Property Analytics

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Current Use

Impellam Group PLC ... Business Management Consultant Bright Insurance Agency Insurance Agency Edward Petersmarck Financial Advisor Corecap Investments Financial Advisor James Parks Attorney ... Law Firm

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility HVAC Service Garden Center Gym & Fitness 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
$2.93 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

839
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Southfield, MI

$14.31 /SF/Yr
Avg Asking Price
$9.95–$17.95 /SF/Yr
Price Range
40,479 SF
Avg Space Size

This space is priced 36% above the average of $14.31 /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
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Frequently Asked Questions

What type of property is this?
Office building - Contiguous office space is available on floors 11 through 13, plus ground-level retail ranging from 508 to 1,784 SF.
Where is this office building located?
The property is located at 27777 Franklin Rd Southfield, MI.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: 61,371 SF contiguous office space available on floors 11, 12, and 13; Ground‑level retail spaces available from 508 to 1,784 SF; Fitness center with mezzanine cyber lounge
More about this property
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