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Woodhills Office Building

Off-Market

40700 Woodward Avenue, Bloomfield Hills, MI 48304

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  • Property Type Office - General Office
  • Property Size 29,307 SF
  • Lot Size 1.21 Acre
  • Parking Spaces Avail. 82
  • Parking Ratio 2.80/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1966

Location

  • Walk Score ® Car-Dependent (36)
  • Bike Score ® Somewhat Bikeable (37)
Powered by Walk Score ®
  • City Bloomfield Hills, MI
  • Neighborhood Bloomfield Hills
  • Zip Code 48304
  • Market Detroit

Points of Interest

Troy

4.05 miles

Pontiac

4.07 miles

Royal Oak

8.30 miles

Mobil

0.06 miles

Shell

1.56 miles

Marathon

1.65 miles

Mobil

1.67 miles

Mobil

1.78 miles

BP

1.79 miles

Marathon

2.39 miles

Mobil

2.39 miles

Mobil

2.51 miles

Citgo

2.65 miles

Science Center Parking Garage

0.96 miles

West Campus Associate Parking

2.40 miles

Car Pool Parking

2.45 miles

Visitor Parking

2.48 miles

Alice Gustafson Center Parking

2.49 miles

Emergency Parking

2.50 miles

Radiation Oncology Center Parking

2.54 miles

Emergency Parking

2.59 miles

East Campus Associate Parking

2.62 miles

East Campus Associate Parking

2.68 miles

The Kingsley Bloomfield Hills - a DoubleTree by Hilton

0.29 miles

Courtyard by Marriott

1.56 miles

Residence Inn by Marriott

1.57 miles

Holiday Inn Express Detroit-Birmingham

3.03 miles

The Townsend Hotel

3.18 miles

Hampton Inn & Suites

3.41 miles

Somerset Inn

3.74 miles

Home2 Suites

4.15 miles

Holiday Inn & Suites Detroit

4.17 miles

Embassy Suites Hotel

4.27 miles

Bruegger's Bagels

0.12 miles

Bill's

0.14 miles

Joe Muer Bloomfield Hills

0.26 miles

Little Daddy's

0.29 miles

Kingswood Dining Hall

0.86 miles

Rusty Bucket

1.48 miles

Zoup!

1.59 miles

Burger King

1.60 miles

Moose Preserve Bar & Grill

1.69 miles

Kerby's Coney

1.70 miles

Roeper School Bloomfield Campus

0.68 miles

Oakland Community College District Office

0.74 miles

Cranbrook Kingswood Middle School for Girls

0.76 miles

Saint Hugo of the Hills School

0.77 miles

Cranbrook Kingswood Middle School for Boys

0.80 miles

East Hills Middle School

0.91 miles

Cranbrook Educational Community

0.94 miles

Academy of the Sacred Heart

1.11 miles

Cranbrook Academy of Art

1.13 miles

Brookside School

1.15 miles

Bright Horizons at St. Joseph Mercy Hospital Oakland

2.45 miles

Bloomin' Kids Preschool at Conant

2.81 miles

The Learning Experience - Troy

3.96 miles

The Learning Center

3.96 miles

West Bloomfield KinderCare

5.64 miles

Lowry Childcare Center

6.22 miles

Gateway Country Day & Child Care Center

6.45 miles

Children's Choice Learning Center

6.57 miles

Everbrook Academy of West Bloomfield

6.83 miles

Boys & Girls Club of Troy

7.06 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 04 May, 2010
  • 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 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Bloomfield Hills Office Market

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

  • 2020 Avg. Asking Rent $26.37
  • 2020 Office Vacancy Rate 17.83%
  • 2020 Office Completions (SF)
View more Bloomfield Hills market trends

Tax

  • Property Tax in 2021 $56,801
  • Market Value* $2,367,980
  • Assessed Value $2,367,980

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 Woodhills Office Building?

Woodhills Office Building totals 29,307 square feet.

When was this property built?

Woodhills Office Building was built in 1966.

When was Woodhills Office Building last sold?

Woodhills Office Building was last sold on 04 May, 2010.

What is the property tax for Woodhills Office Building?

The property tax for Woodhills Office Building in 2021 was $56,801.

What is the market value for Woodhills Office Building?

The market value* for Woodhills Office Building in 2021 was $2,367,980.
*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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