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Old Woodward Avenue Development

Off-Market

NWC Willits Street & North Old Woodward Avenue, Birmingham, MI 48009

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  • Property Type Office - General Office
  • Property Size 27,000 Sqft
  • Lot Size 3.97 Acre

Location

  • City Birmingham, MI
  • Neighborhood Birmingham
  • Zip Code 48009
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

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.

  • 2020 Avg. Asking Rent $33.30
  • 2020 Office Vacancy Rate 8.62 %
  • 2020 Office Completions (Sqft)
View more Birmingham market trends

Tax

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

Frequently Asked Questions

What is the total square footage of Old Woodward Avenue Development?

Old Woodward Avenue Development totals 27,000 square feet.

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