Property summary
This prestigious Class A office building, the Raleigh Office Centre, located at 25300 Telegraph Rd, Southfield, MI 48033, offers 307,020 square feet of prime office space in Oakland County. Built in 1989 and extensively renovated in 2019 with over $22 million in improvements, the six-story building provides a modern and functional workspace. Suites range from a minimum of 21,600 square feet to a maximum contiguous space of 300,000 square feet, making it suitable for a variety of business needs, from smaller tenants to large corporate headquarters. The property boasts abundant free surface parking with 1,235 spaces, ensuring convenient access for employees and clients. Amenities include a newly constructed cafeteria, coffee bars, café/lounge areas, game rooms, and multiple conference rooms, creating a comfortable and productive environment. The building also features new generators for reliable power and offers excellent commercial exposure with significant signage opportunities. This exceptional property presents a unique opportunity for businesses seeking a high-profile location in the heart of Metro-Detroit. Multiple tenancies are available.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
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Property Management Company
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Industrial Manufacturer Production Facility
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(Bike/Boat/Book/etc) Store Corporate Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RC · Southfield, MIThe Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Regional Center District is intended to provide for the combining of high riseoffice, high rise multiple-family, and hotels and motels in a planned development and to provide for the combining of secondary retail and…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RC in Southfield, MI.
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