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Class A Office Building Suites
For Lease
$21.50 SF/Yr

40950 Woodward Avenue, Bloomfield Hills, MI 48304

Class A office building offers newly renovated lobby and covered garage parking, with turn-key suites available for rent.

Space Size954 SF - 8,834 SF
Property Size110,544 SF
Days on Market93

Property Features for 40950 Woodward Avenue

General Information

Standard status Active
Size 954 SF - 8,834 SF
Class A
Property subtype Office - General Office

Amenities

covered garage parking
newly renovated lobby
close to fine & casual dining
minutes from Bloomfield Hills Country Club

Building Details

Building Size 110,544 SF
Year Built 1984
Year Renovated 2020

Spaces For Lease

at 40950 Woodward Avenue Contact us

120 $21.50/SF/Yr

Floor 1
Size 3,277 SF
Type General Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

340 $24.50/SF/Yr

Floor 3
Size 1,961 SF
Type General Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

200 $24.50/SF/Yr

Floor Second
Size 3,921 SF
Type General Office
Lease Type Modified Gross
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 100-135 $21.50/SF/Yr

Size 8,834 SF
Type Office
Lease Type Full Service
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 110 $21.50/SF/Yr

Size 954 SF
Type Office
Lease Type Full Service
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 115 $21.50/SF/Yr

Size 1,584 SF
Type Office
Lease Type Full Service
Availability Immediate
Sublease No
Renewal Option Yes
Contact us

Suite 133 $21.50/SF/Yr

Size 1,052 SF
Type Office
Lease Type Full Service
Availability Immediate
Sublease No
Renewal Option Yes
Contact us
Listing Agency: L. Mason Capitani CORFAC International
Listed By: Aaron R. Smith · License #6501377543
Source: Commercialcafe
Added: Jul 9 Changed: Sep 24 Last Checked: Oct 7 at 9:35AM

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 L. Mason Capitani CORFAC International

Investment Insights

Based on property information with market context.

Class A office building under new ownership and management, offering newly renovated lobby finishes. Turn-key office suites are available for lease, with covered garage parking provided for tenant and visitor access.

The property is located on Woodward Avenue, north of Long Lake, in Bloomfield Hills, MI. The building is positioned near fine and casual dining and is minutes from Bloomfield Hills Country Club.

Suites are available up to 8,834 square feet, making the property well-suited for tenants seeking a move-in ready office setting within a recently improved lobby environment.

Key Highlights

  • Class A office building (Year built: 1984) with a newly renovated lobby
  • Up to 8,834 SF available for lease
  • Covered garage parking on site

Property Analytics

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Current Use

Office Units

Suggested Use

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

NNN (Triple Net)
Lease Type
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,232
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Bloomfield Hills, MI

$21.25 /SF/Yr
Avg Asking Price
$14.95–$35.83 /SF/Yr
Price Range
5,240 SF
Avg Space Size

This space is priced 1% above the average of $21.25 /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
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Frequently Asked Questions

What type of property is this?
Office units - Class A office building offers newly renovated lobby and covered garage parking, with turn-key suites available for rent.
Where is this office units located?
The property is located at 40950 Woodward Avenue Bloomfield Hills, MI.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: Class A office building (Year built: 1984) with a newly renovated lobby; Up to 8,834 SF available for lease; Covered garage parking on site
More about this property
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