355 South Old Woodward Avenue

Off-Market

355 South 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 79,935 SF
  • Lot Size 1.02 Acre
  • Parking Spaces Avail. 79
  • Parking Ratio 1.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

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 16 Apr, 1993
  • 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 ®

    89/100 Very Walkable
  • Bike Score ®

    53/100 Bikeable
Powered by Walk Score ®
  • City Birmingham, MI
  • Neighborhood Birmingham
  • Zip Code 48009
  • Market Detroit

Points of Interest

  • Troy

    1.05 miles

  • Royal Oak

    5.04 miles

  • Pontiac

    7.35 miles

  • CDM Transport LLC

    8.97 miles

  • Speedway

    0.07 miles

  • Mobil

    0.31 miles

  • Shell

    0.76 miles

  • Mobil

    0.77 miles

  • Mobil

    0.90 miles

  • Meijer

    1.39 miles

  • BP

    1.60 miles

  • Shell

    1.80 miles

  • Citgo

    1.95 miles

  • BP

    1.99 miles

  • SP Parking

    0.37 miles

  • Somerset Parking Lot

    1.93 miles

  • Valet

    2.17 miles

  • West Parking Deck (Employee only)

    2.18 miles

  • North Parking Deck

    2.21 miles

  • (Employee only)

    2.23 miles

  • South Parking Deck

    2.40 miles

  • Employee and Student Parking (south)

    2.49 miles

  • Science Center Parking Garage

    2.71 miles

  • Student Parking

    3.67 miles

  • The Townsend Hotel

    0.20 miles

  • Holiday Inn Express Detroit-Birmingham

    0.29 miles

  • Homewood Suites

    1.85 miles

  • Homewood Suites by Hilton Detroit-Troy

    1.86 miles

  • Somerset Inn

    1.89 miles

  • Home2 Suites

    2.51 miles

  • Sonesta Simply Suites

    2.75 miles

  • Home2 Suites by Hiton Troy

    2.78 miles

  • Hampton Inn & Suites

    2.85 miles

  • Hilton Garden Inn

    2.93 miles

  • The Bird & Bread

    0.10 miles

  • Hyde Park Prime Steakhouse

    0.12 miles

  • The Forest Grill

    0.12 miles

  • rojo

    0.13 miles

  • 220 Merrill

    0.14 miles

  • 2941 Street Food

    0.14 miles

  • Phoenicia

    0.15 miles

  • Leo's Coney Island

    0.17 miles

  • Elie's

    0.17 miles

  • Streetside Seafood

    0.18 miles

  • The Roeper School Middle School and Upper School

    0.44 miles

  • Derby Middle School

    0.65 miles

  • Holy Name School

    0.68 miles

  • Pierce Elementary School

    0.75 miles

  • Our Shepherd Lutheran School

    0.76 miles

  • Pembroke Elementary School

    1.03 miles

  • Eton Academy

    1.21 miles

  • Quarton Elementary School

    1.42 miles

  • Upton School

    1.64 miles

  • Beverly School

    1.72 miles

  • Gateway Country Day & Child Care Center

    3.71 miles

  • Bloomin' Kids Preschool at Conant

    4.10 miles

  • Harmony Montessori Center

    4.35 miles

  • The Learning Center

    4.41 miles

  • The Learning Experience - Troy

    4.41 miles

  • Green Garden Child Development Center

    4.43 miles

  • Stepping Out On Faith Learning Center & Childcare

    4.56 miles

  • Boys & Girls Club of Troy

    5.63 miles

  • Bright Horizons at St. Joseph Mercy Hospital Oakland

    5.72 miles

  • West Bloomfield KinderCare

    6.58 miles

Frequently Asked Questions

What is the total square footage of 355 South Old Woodward Avenue?

355 South Old Woodward Avenue totals 79,935 square feet.

When was this property built?

355 South Old Woodward Avenue was built in 1986.

When was 355 South Old Woodward Avenue last sold?

355 South Old Woodward Avenue was last sold on 16 Apr, 1993.

What is the market value for 355 South Old Woodward Avenue?

The market value* for 355 South Old Woodward Avenue in 2022 was $14,800,020.
*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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