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    28200-28336 Franklin Rd Southfield, MI 48034

    For Lease
    $16 SF/Yr

    Class A Office Space Available in Southfield, MI

    Lot size:
    55,790 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    The Courtyard Office & Medical Park, located at 28200-28336 Franklin Road in Southfield, Michigan, presents a unique opportunity for businesses seeking premium office or medical space. This Class A property, built in 1984, boasts a total of 55,790 square feet across multiple tenancies, with 9,354 square feet currently vacant. The building sits on a generous 6.04-acre lot and offers ample parking with 242 spaces. Currently, there are three available spaces ranging in size from 1,197 square feet to 6,630 square feet, ideal for a variety of businesses. The property is zoned OS-Office Service, ensuring flexibility for various professional uses. Its location in Oakland County, within the vibrant city of Southfield (zip code 48034), provides excellent access to major transportation routes and a thriving business community. The building's executive and medical office subtypes cater to a diverse range of professional needs. This is an exceptional opportunity to secure high-quality space in a well-maintained and strategically located building. The property's size and amenities make it suitable for both established businesses seeking expansion and new ventures looking for a prestigious address. Contact us today to learn more about leasing options and explore the possibilities this exceptional property offers.

    Property Features for 28200-28336 Franklin Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,790 SF
    Class
    A
    Total Rate
    74386.67

    Building Details

    Year Built
    1984

    Unit(s) available at that property

    Space
    28312 - Building 1
    Size
    1,197 SF
    Rate per SF
    $18
    Space
    Suite 28300 - E
    Size
    1,527 SF
    Rate per SF
    $18
    Space
    28220-28230
    Size
    6,630 SF
    Rate per SF
    $18

    HighLights

    • Up to 6,630 square feet of medical or general office space available.
    • Prime location with convenient access to major medical centers, hotels, restaurants, and public transportation.
    • Excellent freeway access via I‑96, I‑696, M‑5, M‑10, Northwestern Highway, and Telegraph Road.
    • Ample parking with a 4.52:1,000 SF ratio.
    • Individual buildings available for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3012638
    Latitude
    42.4953646

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    FAQs

    What type of property is this?
    Medical office - Class A Office Space Available in Southfield, MI
    Where is this medical office located?
    The property is located at 28200-28336 Franklin Rd Southfield, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Up to 6,630 square feet of medical or general office space available.; Prime location with convenient access to major medical centers, hotels, restaurants, and public transportation.; Excellent freeway access via I-96, I-696, M-5, M-10, Northwestern Highway, and Telegraph Road.
    Request Owner's contact information
    28200-28336 Franklin Rd Southfield, MI 48034
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    Southfield, MI 48034
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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
    28200-28336 Franklin Rd Southfield, MI 48034
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