Medical Office
For Lease
Contact for pricing
29200 Northwestern Hwy, Southfield, MI 48034
Four-story glass atrium office and medical suites are available with abundant parking and street access from Northwestern Hwy and Franklin Road.
Space Size1,392 SF
Days on Market947
Property Features for 29200 Northwestern Hwy
General Information
Standard status
Active
Size
1,392 SF
Property subtype
OFFICE
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
glass atrium
building signage
Building Details
Tenancy
Multi
Spaces For Lease
at 29200 Northwestern Hwy Contact us- Floor
- 1
- Size
- 1,392 SF
- Type
- OFFICE
- Lease Type
- PLUS_ELECTRIC
- Availability
- AVAILABLE, Now
- Sublease
- No
Franklin Place $18.75 – $19.50/SF/Yr
Property Highlights:
•Various suites available ranging from 1,000 SF up to ±20,000...
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Contact us
Listing Agency:
Friedman Integrated Real Estate - Corporate
(888) 848-1671
Listed By:
Todd Hawley · License #6501265610
(248) 324-2000
Source:
Moodyscre
Added: Feb 6, 2024
Changed: Sep 3
Last Checked: Sep 9 at 5:24PM
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 four-story medical and office building features a spectacular glass atrium and multiple suite options, with various offices and medical spaces available. Building signage is available, and suites can accommodate a range of needs based on the stated size availability.
The property is located at the intersection of Northwestern Hwy and Franklin Road, with entrances into the site from both roads. Abundant parking supports convenient on-site access, and the building provides easy access to major freeways.
The offering is presented as a potential owner/user opportunity, with office and medical configurations available across the available suite sizes.
The property is located at the intersection of Northwestern Hwy and Franklin Road, with entrances into the site from both roads. Abundant parking supports convenient on-site access, and the building provides easy access to major freeways.
The offering is presented as a potential owner/user opportunity, with office and medical configurations available across the available suite sizes.
Key Highlights
- Office and medical suites available, ranging from 1,000 SF up to 120,000 SF
- Highly visible location at Northwestern Hwy & Franklin Road
- Four‑story glass atrium
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.81 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Southfield, MI
$27.53 /SF/Yr
Avg Asking Price
$8–$299 /SF/Yr
Price Range
30,695 SF
Avg Space Size
This space is priced 32% below the average of $27.53 /SF/Yr.
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Four-story glass atrium office and medical suites are available with abundant parking and street access from Northwestern Hwy and Franklin Road.
Where is this office units located?
The property is located at 29200 Northwestern Hwy Southfield, MI.
What is the lease rate?
The lease rate is $18.75 SF/Yr.
What are key features of this property?
This property features: Office and medical suites available, ranging from 1,000 SF up to 120,000 SF; Highly visible location at Northwestern Hwy & Franklin Road; Four‑story glass atrium
