Stoneridge Office Park - Stoneridge II

Off-Market

40950 Woodward Avenue, Bloomfield Hills, MI 48304

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 110,544 SF
  • Lot Size 4.92 Acre
  • Parking Spaces Avail. 353
  • Parking Ratio 3.20 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1984

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 29 Mar, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Bloomfield Hills

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 Bloomfield Hills Office Market

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

  • 2021 Avg. Asking Rent $26.11
  • 2021 Office Vacancy Rate 22.53%
  • 2021 Office Completions (SF)
View more Bloomfield Hills market trends

Location

Getting Around

  • Walk Score ®

    24/100 Car-Dependent
  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bloomfield Hills, MI
  • Neighborhood Bloomfield Hills
  • Zip Code 48304
  • Market Detroit

Points of Interest

  • Pontiac

    3.73 miles

  • Troy

    4.37 miles

  • Royal Oak

    8.64 miles

  • Mobil

    0.41 miles

  • Shell

    1.22 miles

  • Marathon

    1.32 miles

  • Mobil

    1.34 miles

  • Mobil

    1.75 miles

  • BP

    1.77 miles

  • Marathon

    2.04 miles

  • Mobil

    2.05 miles

  • Citgo

    2.31 miles

  • Speedway

    2.41 miles

  • Science Center Parking Garage

    1.28 miles

  • West Campus Associate Parking

    2.07 miles

  • Visitor Parking

    2.14 miles

  • Alice Gustafson Center Parking

    2.16 miles

  • Emergency Parking

    2.17 miles

  • Radiation Oncology Center Parking

    2.21 miles

  • East Campus Associate Parking

    2.28 miles

  • Car Pool Parking

    2.33 miles

  • Medical Office Building Parking

    2.37 miles

  • North Campus Associate Parking

    2.39 miles

  • The Kingsley Bloomfield Hills - a DoubleTree by Hilton

    0.64 miles

  • Residence Inn by Marriott

    1.21 miles

  • Courtyard by Marriott

    1.22 miles

  • Hampton Inn & Suites

    3.13 miles

  • Holiday Inn Express Detroit-Birmingham

    3.37 miles

  • The Townsend Hotel

    3.53 miles

  • Somerset Inn

    4.00 miles

  • Hilton

    4.04 miles

  • Hampton

    4.05 miles

  • Holiday Inn & Suites Detroit

    4.23 miles

  • Bruegger's Bagels

    0.47 miles

  • Bill's

    0.49 miles

  • Joe Muer Bloomfield Hills

    0.61 miles

  • Little Daddy's

    0.63 miles

  • Rusty Bucket

    1.14 miles

  • Kingswood Dining Hall

    1.21 miles

  • Burger King

    1.26 miles

  • Zoup!

    1.26 miles

  • Moose Preserve Bar & Grill

    1.36 miles

  • Kerby's Coney

    1.37 miles

  • Roeper School Bloomfield Campus

    0.34 miles

  • Saint Hugo of the Hills School

    0.42 miles

  • Oakland Community College District Office

    0.42 miles

  • East Hills Middle School

    0.58 miles

  • Cranbrook Kingswood Middle School for Boys

    1.04 miles

  • Cranbrook Kingswood Middle School for Girls

    1.09 miles

  • Bloomfield Hills Middle School North

    1.11 miles

  • Cranbrook Educational Community

    1.26 miles

  • Academy of the Sacred Heart

    1.34 miles

  • International Academy

    1.41 miles

  • Bright Horizons at St. Joseph Mercy Hospital Oakland

    2.13 miles

  • Bloomin' Kids Preschool at Conant

    2.95 miles

  • The Learning Experience - Troy

    3.98 miles

  • The Learning Center

    3.98 miles

  • West Bloomfield KinderCare

    5.73 miles

  • Lowry Childcare Center

    5.93 miles

  • Children's Choice Learning Center

    6.25 miles

  • Gateway Country Day & Child Care Center

    6.73 miles

  • Everbrook Academy of West Bloomfield

    6.90 miles

  • Boys & Girls Club of Troy

    7.21 miles

Frequently Asked Questions

What is the total square footage of Stoneridge Office Park - Stoneridge II?

Stoneridge Office Park - Stoneridge II totals 110,544 square feet.

When was this property built?

Stoneridge Office Park - Stoneridge II was built in 1984.

When was Stoneridge Office Park - Stoneridge II last sold?

Stoneridge Office Park - Stoneridge II was last sold on 29 Mar, 2021.

What is the market value for Stoneridge Office Park - Stoneridge II?

The market value* for Stoneridge Office Park - Stoneridge II in 2022 was $9,281,920.
*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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