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Office Building with Freeway Access
For Lease
$9.95 SF/Yr

28400 Northwestern Hwy, Southfield, MI 48034

RC-zoned office property with covered parking, building signage, and a monument sign.

Space SizeContact for details
Property Size60,000 SF
Days on Market659

Property Features for 28400 Northwestern Hwy

General Information

Standard status Active
Size 60,000 SF
Class B
Property subtype Office
Zoning RC

Building Details

Building Size 60,000 SF
Buildings 1
Stories 4
Listing Agency: NAI Farbman
Listed By: Lesley Gutman · License #6502133029
Source: Cpix.resimplifi
Added: Nov 18, 2024 Changed: Sep 2 Last Checked: Aug 29 at 4:29PM

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 NAI Farbman

Investment Insights

Based on property information with market context.

This office property at 28400 Northwestern Hwy provides prominent freeway exposure and immediate access to area freeways. Building signage and monument signage support on-site identification, while covered parking serves occupants and visitors.

The property is located near banks, fitness facilities, and restaurants, adding nearby service and amenity options for office users. The site is designated RC zoning and is offered for lease.

Key Highlights

  • Prominent freeway visibility with immediate access to all freeways
  • Building signage and monument signage
  • Covered parking available

Property Analytics

Current Use

Orechkin Insurance Agency, ... Insurance Agency StopComp Law Firm FaciliNet Services,Inc Real Estate Agency Essex center Business Service Center Atlas College Marketing Advertising Agency

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Building Supply Barber Shop Grocery & Convenience Store 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
$1.49 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,629
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

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 30% below 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - RC-zoned office property with covered parking, building signage, and a monument sign.
Where is this office building located?
The property is located at 28400 Northwestern Hwy Southfield, MI.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: Prominent freeway visibility with immediate access to all freeways; Building signage and monument signage; Covered parking available
More about this property
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