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Plaza of Birmingham

Off-Market

200 South Old Woodward Avenue, Birmingham, MI 48009

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  • Property Type Office - General Office
  • Property Size 60,968 SF
  • Lot Size 0.73 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983

Location

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

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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Documents

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Sales

  • Purchase Date 13 Jun, 2000
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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.

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

Tax

  • Property Tax in 2021 $227,831
  • Market Value* $8,664,980
  • Assessed Value $8,664,980

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 Plaza of Birmingham?

Plaza of Birmingham totals 60,968 square feet.

When was this property built?

Plaza of Birmingham was built in 1983.

When was Plaza of Birmingham last sold?

Plaza of Birmingham was last sold on 13 Jun, 2000.

What is the property tax for Plaza of Birmingham?

The property tax for Plaza of Birmingham in 2021 was $227,831.

What is the market value for Plaza of Birmingham?

The market value* for Plaza of Birmingham in 2021 was $8,664,980.
*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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