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Lathrup Village Office Space Available
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26400 Southfield Rd, Lathrup Village, MI 48076

2,500 sq ft office space perfect for professional business.

Space Size2,500 SF
Days on Market673

Property Features for 26400 Southfield Rd

General Information

Standard status Active
Size 2,500 SF
Class B
Property subtype Office
Lease Type Gross

Building Details

Tenancy Single

Spaces For Lease

at 26400 Southfield Rd Contact us

Available Space

Size
2,500 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: Burger & Company
Listed By: Michael Rose · License #MI 6501308575
Source: Crexi
Added: Oct 29, 2024 Changed: Aug 21 Last Checked: Aug 29 at 10:34PM

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 Burger & Company

Investment Insights

Based on property information with market context.

This 2,500 sq. ft. office space, with the first floor available for lease, features multiple offices and a conference room. Signage opportunities are available. The property is suitable for a professional business. Under new ownership, the location offers convenient access to I-696. Numerous restaurants and shopping options are nearby. It is located four miles from Beaumont Royal Oak and twenty minutes from downtown Detroit. The space will be available starting April 1, 2024.

Key Highlights

  • 2,500 sq. ft. with the first floor available for lease
  • Multiple offices and a conference room
  • Signage available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store Parking Lot & Garage

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
$2.32 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby

Demographics for 48076, MI

26,062
Population
11,016
Households
2.4
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
3,671
Density / Sq Mi
$85,171
Median Household Income
$50,210
Median Earnings
$1,451
Median Rent
$251,300
Median Home Value

Market

Lease Benchmarks for Lathrup Village, MI

$15.75 /SF/Yr
Avg Asking Price
$15–$16 /SF/Yr
Price Range
3,893 SF
Avg Space Size

This space is priced 2% below the average of $15.75 /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 - 2,500 sq ft office space perfect for professional business.
Where is this office units located?
The property is located at 26400 Southfield Rd Lathrup Village, MI.
What is the lease rate?
The lease rate is $15.50 SF/Yr.
What are key features of this property?
This property features: 2,500 sq. ft. with the first floor available for lease; Multiple offices and a conference room; Signage available
(248) 536-2888 Call to check price and availability
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