The Balmoral

Off-Market

34901 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 94,600 SF
  • Lot Size 0.53 Acre
  • Parking Spaces Avail. 188
  • Parking Ratio 1.99 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Silver
  • Building Class A
  • Year Built 2015

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 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 ®

    91/100 Walker's Paradise
  • Bike Score ®

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

Points of Interest

  • Troy

    1.06 miles

  • Royal Oak

    5.09 miles

  • Pontiac

    7.30 miles

  • CDM Transport LLC

    9.03 miles

  • Speedway

    0.08 miles

  • Mobil

    0.29 miles

  • Mobil

    0.72 miles

  • Shell

    0.81 miles

  • Mobil

    0.96 miles

  • Meijer

    1.41 miles

  • BP

    1.64 miles

  • Shell

    1.85 miles

  • Citgo

    2.01 miles

  • BP

    2.05 miles

  • SP Parking

    0.33 miles

  • Somerset Parking Lot

    1.89 miles

  • Valet

    2.22 miles

  • West Parking Deck (Employee only)

    2.24 miles

  • North Parking Deck

    2.27 miles

  • (Employee only)

    2.29 miles

  • South Parking Deck

    2.45 miles

  • Employee and Student Parking (south)

    2.54 miles

  • Science Center Parking Garage

    2.66 miles

  • Student Parking

    3.73 miles

  • The Townsend Hotel

    0.21 miles

  • Holiday Inn Express Detroit-Birmingham

    0.23 miles

  • Homewood Suites

    1.86 miles

  • Somerset Inn

    1.86 miles

  • Homewood Suites by Hilton Detroit-Troy

    1.87 miles

  • Home2 Suites

    2.48 miles

  • Sonesta Simply Suites

    2.73 miles

  • Home2 Suites by Hiton Troy

    2.75 miles

  • Hampton Inn & Suites

    2.82 miles

  • Hilton Garden Inn

    2.90 miles

  • Hyde Park Prime Steakhouse

    0.09 miles

  • The Bird & Bread

    0.09 miles

  • The Forest Grill

    0.11 miles

  • rojo

    0.12 miles

  • 2941 Street Food

    0.12 miles

  • Touch of India

    0.13 miles

  • Hunter House Hamburgers

    0.14 miles

  • Leo's Coney Island

    0.14 miles

  • 220 Merrill

    0.14 miles

  • Social Kitchen Bar

    0.15 miles

  • The Roeper School Middle School and Upper School

    0.39 miles

  • Derby Middle School

    0.60 miles

  • Holy Name School

    0.64 miles

  • Our Shepherd Lutheran School

    0.79 miles

  • Pierce Elementary School

    0.81 miles

  • Pembroke Elementary School

    0.99 miles

  • Eton Academy

    1.25 miles

  • Quarton Elementary School

    1.40 miles

  • Upton School

    1.68 miles

  • Harlan Elementary School

    1.71 miles

  • Gateway Country Day & Child Care Center

    3.72 miles

  • Bloomin' Kids Preschool at Conant

    4.08 miles

  • The Learning Center

    4.36 miles

  • The Learning Experience - Troy

    4.36 miles

  • Harmony Montessori Center

    4.41 miles

  • Green Garden Child Development Center

    4.49 miles

  • Stepping Out On Faith Learning Center & Childcare

    4.62 miles

  • Boys & Girls Club of Troy

    5.61 miles

  • Bright Horizons at St. Joseph Mercy Hospital Oakland

    5.67 miles

  • West Bloomfield KinderCare

    6.58 miles

Frequently Asked Questions

What is the total square footage of The Balmoral?

The Balmoral totals 94,600 square feet.

When was this property built?

The Balmoral was built in 2015.

What is the market value for The Balmoral?

The market value* for The Balmoral in 2022 was $24,159,780.
*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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