Galleria Officentre - 100 Galleria

Off-Market

100 Galleria Officentre, Southfield, MI 48034

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 234,866 SF
  • Lot Size 12.48 Acre
  • Parking Spaces Avail. 1056
  • Parking Ratio 4.50 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1982

Contacts

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Owner

  • True 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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Brokers

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Documents

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Sales

  • Purchase Date 12 Feb, 2016
  • 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 Southfield

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 Southfield Office Market

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

  • 2021 Avg. Asking Rent $20.80
  • 2021 Office Vacancy Rate 24.57%
  • 2021 Office Completions (SF)

Southfield Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $54.92
  • 2021 Office Sales Volume $53.5M
  • 2021 Number of Transactions 9
View more Southfield market trends

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48034
  • Market Detroit

Points of Interest

  • Troy

    6.05 miles

  • Royal Oak

    7.35 miles

  • CDM Transport LLC

    7.68 miles

  • Pontiac

    9.45 miles

  • BP

    0.44 miles

  • Mobil

    0.51 miles

  • Marathon

    0.73 miles

  • Sunoco

    0.94 miles

  • Sunoco

    0.98 miles

  • Mobil

    0.98 miles

  • BP

    1.06 miles

  • Mobil

    1.62 miles

  • Shell

    1.66 miles

  • BP

    1.71 miles

  • MDOT Park & Ride

    1.58 miles

  • bus parking

    1.63 miles

  • Parking Lot J

    2.30 miles

  • Parking Lot F

    2.36 miles

  • Parking Lot C

    2.47 miles

  • Parking Lot D

    2.58 miles

  • Parking Lot A

    2.61 miles

  • Parking Lot H

    2.64 miles

  • Parking Lot E

    2.66 miles

  • Town Center Parking

    2.67 miles

  • Red Roof Inn

    0.18 miles

  • Marvins Garden Inn

    0.22 miles

  • Ramada by Wyndham Southfield

    0.41 miles

  • Detroit Marriott Southfield

    1.09 miles

  • Courtyard Detroit Southfield

    1.14 miles

  • The Westin Southfield Detroit

    2.75 miles

  • Extended Stay America

    3.22 miles

  • Fairfield Inn

    3.26 miles

  • Comfort Inn

    3.30 miles

  • Radisson Hotel Detroit-Farmington Hills

    3.53 miles

  • Wendy's

    0.30 miles

  • Taco Bell

    0.34 miles

  • Panera Bread

    0.36 miles

  • Chipotle

    0.39 miles

  • Blaze Pizza

    0.41 miles

  • Shish Kabob

    0.42 miles

  • Flaming Wok

    0.42 miles

  • Pho Chopstix

    0.42 miles

  • Ram's Horn

    0.75 miles

  • Burger King

    0.76 miles

  • Stevenson School

    1.39 miles

  • Bingham Farms Elementary School

    1.55 miles

  • O'Connell School at Sarah Fisher (former)

    1.58 miles

  • Southfield Christian School

    1.59 miles

  • Early Impressions

    1.61 miles

  • For Kids Sake

    1.70 miles

  • Southfield Number 10 School

    1.73 miles

  • Detroit Country Day Middle School

    1.73 miles

  • Yeshivas Darchei Torah

    1.76 miles

  • Detroit County School

    1.79 miles

  • KinderCare

    2.74 miles

  • Country Hills Montessori

    3.67 miles

  • Tutor Time

    3.70 miles

  • The Learning Experience

    3.97 miles

  • West Bloomfield KinderCare

    4.09 miles

  • Bloomin' Kids Preschool at Conant

    4.43 miles

  • Minto's Casa

    4.43 miles

  • Everbrook Academy of West Bloomfield

    4.69 miles

  • Harmony Montessori Center

    5.55 miles

  • Stepping Out On Faith Learning Center & Childcare

    5.60 miles

Frequently Asked Questions

What is the total square footage of Galleria Officentre - 100 Galleria?

Galleria Officentre - 100 Galleria totals 234,866 square feet.

When was this property built?

Galleria Officentre - 100 Galleria was built in 1982.

When was Galleria Officentre - 100 Galleria last sold?

Galleria Officentre - 100 Galleria was last sold on 12 Feb, 2016.

What is the market value for Galleria Officentre - 100 Galleria?

The market value* for Galleria Officentre - 100 Galleria in 2022 was $11,609,780.
*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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