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Century Office Plaza - Building 2

Off-Market

24300 Southfield Road, Southfield, MI 48075

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 45,360 SF
  • Lot Size 2.92 Acre
  • Parking Spaces Avail. 239
  • Parking Ratio 5.29/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1969

Location

  • Walk Score ® Car-Dependent (42)
  • Bike Score ® Somewhat Bikeable (38)
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48075
  • Market Detroit

Points of Interest

CDM Transport LLC

3.91 miles

Royal Oak

3.96 miles

Troy

5.39 miles

Clark

0.31 miles

Sunoco

0.40 miles

Mobil

0.63 miles

Shell

0.97 miles

Sunoco

1.03 miles

Speedway

1.08 miles

Shell

1.10 miles

Mobil

1.14 miles

BP

1.22 miles

Exxon

1.57 miles

underground parking entrance

1.32 miles

Town Center Parking

1.42 miles

Town Center Parking

1.50 miles

Parking Lot E

1.53 miles

Parking Lot G

1.56 miles

Parking Lot D

1.60 miles

Parking Lot A

1.64 miles

Parking Lot H

1.65 miles

Parking Lot C

1.72 miles

Parking Lot F

1.82 miles

The Westin Southfield Detroit

1.43 miles

Cranbrook Inn

1.88 miles

Baymont by Wyndham Ferndale/Royal Oak

2.88 miles

Courtyard Detroit Southfield

3.09 miles

Detroit Marriott Southfield

3.17 miles

Marvins Garden Inn

3.93 miles

Marvins Garden Inn

3.96 miles

Riviera Motel Detroit

3.97 miles

Red Roof Inn

4.00 miles

Ramada by Wyndham Southfield

4.49 miles

Krispy Krunchy Chicken

0.96 miles

Dunkin'

1.05 miles

Subway

1.25 miles

Happy's Pizza

1.32 miles

Panera Bread

1.75 miles

Subway

1.79 miles

Hellenic Restaurant

1.81 miles

Hellenic Restaurant

1.82 miles

Wendy's

1.93 miles

Sahara Restaurant and Grill

1.94 miles

Kennedy School

0.46 miles

Morris Adler Elementary School

0.95 miles

Yeshivah Gedolah High School

1.03 miles

International Montessori Academy

1.06 miles

Childs Academy Montessori Center

1.11 miles

Oholei Yosef Yitzchak Lubavitch - Harry & Wanda Zekelman Campus

1.15 miles

Champions at Magnolia Center

1.16 miles

Magnolia Center

1.18 miles

Thompson K-8 International Academy

1.21 miles

Pepper Elementary School

1.28 miles

Creative Learning Children's College

2.10 miles

Stepping Out On Faith Learning Center & Childcare

2.10 miles

Harmony Montessori Center

2.20 miles

Green Garden Child Development Center

2.98 miles

Academy of Detroit-West

3.59 miles

Nature's Playhouse

4.03 miles

Old Redford Pre-Kindergarten Academy

4.11 miles

Hampton Church Child Care Center

4.72 miles

Allen Baptist Childcare & Development Center

5.67 miles

Green Garden Child Development Center

6.02 miles

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 05 Mar, 2020
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Southfield

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Southfield Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $21.49
  • 2020 Office Vacancy Rate 19.28%
  • 2020 Office Completions (SF)
View more Southfield market trends

Tax

  • Market Value* $1,674,420
  • Assessed Value $1,674,420

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Century Office Plaza - Building 2?

Century Office Plaza - Building 2 totals 45,360 square feet.

When was this property built?

Century Office Plaza - Building 2 was built in 1969.

When was Century Office Plaza - Building 2 last sold?

Century Office Plaza - Building 2 was last sold on 05 Mar, 2020.

What is the market value for Century Office Plaza - Building 2?

The market value* for Century Office Plaza - Building 2 in 2021 was $1,674,420.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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