Building Details

Tenancy Multi

Listing Agency: B+E

Listed By: Chris Guida · License #10301224134 Show Phone

Source: Crexi

Added: Sep 15 Changed: Sep 18 Last Checked: Sep 19 at 7:10AM

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Investment Insights

Based on property information with market context.

Bloomfield Centre is a multi-tenant office property at 39533 Woodward Avenue in Bloomfield Hills, Michigan. The building reports 97% occupancy, with long-term tenancies and recent lease renewals in place. Major renovations and on-site amenities are also identified as part of the property’s improvements.

The property is positioned on Woodward Avenue within the Bloomfield Hills office market. Its current occupancy, tenant tenure, and renovation history provide a concise overview of the existing office configuration.

Key Highlights

• 97% occupancy reported
• Long‑term tenancies in place
• Recent lease renewals

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Restaurant Auto Repair Shop Building Supply Big Box & Wholesale Store Auto Parts Store Hair Salon

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

97%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

1,306

Businesses Nearby

Explore this area Business Placement

Demographics for 48304, MI

17,437

Population

7,165

Households

2.4

Avg Household Size

50

Median Age

74%

College-Educated

98%

High-School Grad

11.4 sq mi

ZIP Area

1,530

Density / Sq Mi

$140,700

Median Household Income

$76,094

Median Earnings

$1,492

Median Rent

$481,500

Median Home Value

Market

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 building - Recent lease renewals accompany a largely occupied multi-tenant office property.

Where is this office building located?

The property is located at 39533 Woodward Avenue Bloomfield Hills, MI.

What is the asking price?

The asking price for this property is $27,000,000.

What are key features of this property?

This property features: 97% occupancy reported; Long‑term tenancies in place; Recent lease renewals