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7457 Franklin Rd, Bloomfield Hills, MI 48301

Frank Lloyd Wright style office with garden terraces for rent.

Space Size589 SF - 794 SF
Property Size20,567 SF
Days on Market2661

Property Features for 7457 Franklin Rd

General Information

Standard status Active
Size 589 SF - 794 SF
Class B
Property subtype Office
Lease Type Net

Building Details

Building Size 20,567 SF
Year Built 2000
Tenancy Multiple

Spaces For Lease

at 7457 Franklin Rd Contact us

Suite 304

Size
604 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 305

Size
794 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us

Suite 306

Size
589 SF
Type
Office
Lease Type
Net
Availability
Active
Contact us
Listing Agency: Newmark | Detroit - Southfield
Listed By: Daniel Canvasser · License #6506043901
Source: Crexi
Added: May 10, 2019 Changed: Aug 8 Last Checked: Aug 8 at 4:06AM

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 Newmark | Detroit - Southfield

Investment Insights

Based on property information with market context.

This distinguished office building features one-of-a-kind Frank Lloyd Wright style architecture and is situated in a highly desirable Bloomfield Hills location. The property offers executive suites with garden terraces. It is located within walking distance to the Village of Franklin and provides convenient access to Telegraph Road, Northwestern Highway, and I-696. On-site covered parking is available with direct access to the building. The building is fully secured and maintained.

Key Highlights

  • Exclusive Bloomfield Hills address in a highly desirable location.
  • Distinguished Frank Lloyd Wright style architecture.
  • Walking distance to the Village of Franklin.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Restaurant Building Supply Auto Repair Shop Spa & Massage Center Real Estate Agency Nail 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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

240
Businesses Nearby

Demographics for 48301, MI

14,993
Population
6,131
Households
2.4
Avg Household Size
46
Median Age
77%
College-Educated
99%
High-School Grad
7.4 sq mi
ZIP Area
2,026
Density / Sq Mi
$163,571
Median Household Income
$83,636
Median Earnings
$1,878
Median Rent
$670,600
Median Home Value

Market

Lease Benchmarks for Bloomfield Hills, MI

$32.28 /SF/Yr
Avg Asking Price
$14.95–$50 /SF/Yr
Price Range
3,904 SF
Avg Space Size

This space is priced 29% below the average of $32.28 /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 units - Frank Lloyd Wright style office with garden terraces for rent.
Where is this office units located?
The property is located at 7457 Franklin Rd Bloomfield Hills, MI.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Exclusive Bloomfield Hills address in a highly desirable location.; Distinguished Frank Lloyd Wright style architecture.; Walking distance to the Village of Franklin.
More about this property
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