325 North Old Woodward Avenue

Off-Market

325 North Old Woodward Avenue, Birmingham, MI 48009

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 102,533 SF
  • Lot Size 0.98 Acre
  • Parking Spaces Avail. 128
  • Parking Ratio 1.25 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 2005

Contacts

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Owner

  • True Owner
  • Registered 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 09 Feb, 2022
  • 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 Birmingham

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 Birmingham Office Market

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

  • 2021 Avg. Asking Rent $28.21
  • 2021 Office Vacancy Rate 9.22%
  • 2021 Office Completions (SF)
View more Birmingham market trends

Location

Getting Around

  • Walk Score ®

    90/100 Very Walkable
  • Bike Score ®

    51/100 Bikeable
Powered by Walk Score ®
  • City Birmingham, MI
  • Neighborhood Birmingham
  • Zip Code 48009
  • Market Detroit

Points of Interest

  • Troy

    1.33 miles

  • Royal Oak

    5.36 miles

  • Pontiac

    7.04 miles

  • CDM Transport LLC

    9.23 miles

  • Speedway

    0.36 miles

  • Mobil

    0.47 miles

  • Mobil

    0.50 miles

  • Shell

    1.08 miles

  • Mobil

    1.12 miles

  • Meijer

    1.69 miles

  • BP

    1.92 miles

  • Shell

    2.12 miles

  • BP

    2.15 miles

  • Mobil

    2.19 miles

  • SP Parking

    0.04 miles

  • Somerset Parking Lot

    1.97 miles

  • Science Center Parking Garage

    2.39 miles

  • Valet

    2.47 miles

  • West Parking Deck (Employee only)

    2.48 miles

  • North Parking Deck

    2.52 miles

  • (Employee only)

    2.53 miles

  • South Parking Deck

    2.70 miles

  • Employee and Student Parking (south)

    2.78 miles

  • Student Parking

    3.97 miles

  • The Townsend Hotel

    0.22 miles

  • Holiday Inn Express Detroit-Birmingham

    0.22 miles

  • Somerset Inn

    1.99 miles

  • Homewood Suites

    2.10 miles

  • Homewood Suites by Hilton Detroit-Troy

    2.11 miles

  • Home2 Suites

    2.61 miles

  • The Kingsley Bloomfield Hills - a DoubleTree by Hilton

    2.70 miles

  • Home2 Suites by Hiton Troy

    2.90 miles

  • Sonesta Simply Suites

    2.92 miles

  • Hampton Inn & Suites

    2.97 miles

  • Fleming's Prime Steakhouse & Wine Bar

    0.01 miles

  • Mare Mediterranean

    0.05 miles

  • Mad Hatter Bistro

    0.08 miles

  • Beyond Juicery+Eatery

    0.09 miles

  • Brooklyn Pizza

    0.10 miles

  • Greek Islands Coney

    0.11 miles

  • Panera Bread

    0.12 miles

  • Sy Thai Café

    0.13 miles

  • Townhouse

    0.13 miles

  • Tallulah Wine Bar & Bistro

    0.14 miles

  • Holy Name School

    0.36 miles

  • The Roeper School Middle School and Upper School

    0.50 miles

  • Derby Middle School

    0.71 miles

  • Pierce Elementary School

    0.99 miles

  • Our Shepherd Lutheran School

    1.08 miles

  • Pembroke Elementary School

    1.08 miles

  • Quarton Elementary School

    1.13 miles

  • Eton Academy

    1.53 miles

  • Ernest W. Seaholm High School

    1.58 miles

  • Harlan Elementary School

    1.59 miles

  • Bloomin' Kids Preschool at Conant

    3.82 miles

  • Gateway Country Day & Child Care Center

    3.99 miles

  • The Learning Center

    4.34 miles

  • The Learning Experience - Troy

    4.34 miles

  • Harmony Montessori Center

    4.64 miles

  • Green Garden Child Development Center

    4.74 miles

  • Stepping Out On Faith Learning Center & Childcare

    4.85 miles

  • Bright Horizons at St. Joseph Mercy Hospital Oakland

    5.40 miles

  • Boys & Girls Club of Troy

    5.78 miles

  • West Bloomfield KinderCare

    6.35 miles

Frequently Asked Questions

What is the total square footage of 325 North Old Woodward Avenue?

325 North Old Woodward Avenue totals 102,533 square feet.

When was this property built?

325 North Old Woodward Avenue was built in 2005.

When was 325 North Old Woodward Avenue last sold?

325 North Old Woodward Avenue was last sold on 09 Feb, 2022.

What is the property tax for 325 North Old Woodward Avenue?

The property tax for 325 North Old Woodward Avenue in 2022 was $140,668.

What is the market value for 325 North Old Woodward Avenue?

The market value* for 325 North Old Woodward Avenue in 2022 was $52,725,700.
*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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