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    1000 Town Ctr Southfield, MI 48075

    For Lease
    $16 SF/Yr

    Prestigious Michigan office complex, multiple suites available.

    Lot size:
    882,862 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    Southfield Town Center, located at 1000 Town Center, Southfield, MI 48075, presents a prime opportunity for businesses seeking Class A office space in Oakland County. This multi-tenant complex, encompassing 882,862 square feet on 8.22 acres of land, offers a range of traditional, executive, and creative office suites. Spaces are available in sizes from a minimum of 1,191 square feet up to 21,783 square feet, catering to diverse business needs. The property boasts 3160 parking spaces and is conveniently situated near Northwestern Highway, providing easy access to major transportation routes. With a low tax cost of $2 per square foot, this location offers significant value. Currently, 124,755 square feet of space is vacant. The complex itself includes over 80,000 square feet of retail amenities, offering tenants a wide array of services and dining options, enhancing convenience and workplace appeal. This exceptional property provides a prestigious address in the heart of Metropolitan Detroit, offering unparalleled accessibility and proximity to residential areas. The property's APN is 24-22-426-027.

    Property Features for 1000 Town Ctr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    882,862 SF
    Class
    A
    Total Rate
    1177149.33

    Unit(s) available at that property

    Space
    770
    Size
    7,111 SF
    Rate per SF
    $16
    Space
    570
    Size
    6,394 SF
    Rate per SF
    $16
    Space
    720
    Size
    1,483 SF
    Rate per SF
    $16
    Space
    900
    Size
    10,417 SF
    Rate per SF
    $16
    Space
    1005
    Size
    2,700 SF
    Rate per SF
    $16
    Space
    100
    Size
    1,191 SF
    Rate per SF
    $16
    Space
    550
    Size
    2,376 SF
    Rate per SF
    $16
    Space
    1700
    Size
    21,783 SF
    Rate per SF
    $16
    Space
    1120
    Size
    6,652 SF
    Rate per SF
    $16
    Space
    625
    Size
    4,383 SF
    Rate per SF
    $16
    Space
    2675
    Size
    3,233 SF
    Rate per SF
    $16
    Space
    1070
    Size
    3,536 SF
    Rate per SF
    $16
    Space
    2550
    Size
    4,915 SF
    Rate per SF
    $16
    Space
    650
    Size
    6,240 SF
    Rate per SF
    $16
    Space
    750
    Size
    3,747 SF
    Rate per SF
    $16
    Space
    2300
    Size
    12,635 SF
    Rate per SF
    $16
    Space
    1050
    Size
    3,191 SF
    Rate per SF
    $16
    Space
    850
    Size
    8,592 SF
    Rate per SF
    $16
    Space
    2560
    Size
    2,092 SF
    Rate per SF
    $16
    Space
    2500
    Size
    9,995 SF
    Rate per SF
    $16
    Space
    1825
    Size
    2,089 SF
    Rate per SF
    $16
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Altimetrik Software Company Allied Universal® Security ... Security System Supplier Lincoln Financial Advisors Financial Planner Thurswell Law Attorney PRP RadiantVita Medical Clinic

    Suggested Use

    Restaurant Realty agency Spa & Massage Law Firm Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2436585
    Latitude
    42.4752989

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      25820 Southfield Rd Rd, Southfield, MI 48075
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      3,015 SF

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      24758 Southfield Rd, Southfield, MI 48075
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      Southfield Commercial Property For Lease

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      View Details

    FAQs

    What type of property is this?
    Office space - Prestigious Michigan office complex, multiple suites available.
    Where is this office space located?
    The property is located at 1000 Town Ctr Southfield, MI.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
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    1000 Town Ctr Southfield, MI 48075
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Town Ctr Southfield, MI 48075
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