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1415 Wordsworth St, Ferndale, MI 48220

Office space for lease in Ferndale, Michigan.

Space Size6,279 SF
Days on Market734

Property Features for 1415 Wordsworth St

General Information

Standard status Active
Size 6,279 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 6,279 SF
Tenancy Single

Spaces For Lease

at 1415 Wordsworth St Contact us

Available space

Size
6,279 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Colliers - Royal Oak/Detroit, Michigan
Listed By: Kurt Weber · License #6501446026
Source: Crexi
Added: Aug 29, 2024 Changed: Aug 23 Last Checked: Aug 29 at 7:54AM

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 Colliers - Royal Oak/Detroit, Michigan

Investment Insights

Based on property information with market context.

This commercial real estate property, identified as an office space, is available for lease. Located on Wordsworth Street in Ferndale, Michigan, the property offers opportunities for businesses seeking a commercial location.

Key Highlights

  • For Lease

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Big Box & Wholesale Store Building Supply

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
$1.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

762
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48220, MI

21,564
Population
12,003
Households
1.8
Avg Household Size
37
Median Age
53%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,901
Density / Sq Mi
$86,095
Median Household Income
$54,557
Median Earnings
$1,191
Median Rent
$229,700
Median Home Value

Market

Lease Benchmarks for Ferndale, MI

$20.98 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
6,040 SF
Avg Space Size

This space is priced 48% below the average of $20.98 /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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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  • Charity Studio 1938 Burdette St, Ferndale, MI 48220

Frequently Asked Questions

What type of property is this?
Office space - Office space for lease in Ferndale, Michigan.
Where is this office space located?
The property is located at 1415 Wordsworth St Ferndale, MI.
What is the lease rate?
The lease rate is $10.89 SF/Yr.
What are key features of this property?
This property features: For Lease
More about this property
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