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

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner

Tenants

Suite Name Tenant Leased
Space		 Rent Price Lease
Type		 Space
Type		 Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross		 General
Office		 11/01/2014-
N/A
370 17th Street
#6000		 Morrison & Foerster,
(303) 592-1500		 10,710 SF $26/SF/YR Full
Service		 General
Office		 08/01/2013-
07/31/2023
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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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Southfield Office Market

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

  • 2022 Avg. Asking Rent $20.39
  • 2022 Office Vacancy Rate 24.32%
  • 2022 Office Completions (SF)

Southfield Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $97.41
  • 2022 Office Sales Volume $38.6M
  • 2022 Number of Transactions 5
View more Southfield market trends

Location

Getting Around

  • Walk Score ®

    42/100 Car-Dependent

  • Bike Score ®

    38/100 Somewhat Bikeable
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

  • 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

  • Parking Lot J

    1.89 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

  • Riviera Motel Detroit

    3.97 miles

  • Red Roof Inn

    4.00 miles

  • Ramada by Wyndham Southfield

    4.49 miles

  • Hilton Veterinary Clinic of Ferndale

    4.91 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

  • Wendy's

    1.93 miles

  • Sahara Restaurant and Grill

    1.94 miles

  • White Castle

    2.00 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

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 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 2023 was $1,814,220.
*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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