• 23300 Northwestern Hwy
  • 23300 Northwestern Hwy
  • +1 image 23300 Northwestern Hwy

23300 Northwestern Hwy

Off-Market

23300 Northwestern Hwy, Southfield, MI 48075

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 116,186 SF
  • Lot Size 10.73 Acre
  • Parking Spaces Avail. 127
  • Parking Ratio 1.10 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2006

Location

Getting Around

  • Walk Score ®

    25/100 Car-Dependent

  • Bike Score ®

    33/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48075
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    3.63 miles

  • Royal Oak

    4.27 miles

  • Troy

    5.83 miles

  • Grand Boulevard

    9.87 miles

  • Mobil

    0.20 miles

  • Clark

    0.72 miles

  • Sunoco

    0.80 miles

  • BP

    0.91 miles

  • Speedway

    1.09 miles

  • Shell

    1.12 miles

  • Exxon

    1.16 miles

  • Mobil

    1.21 miles

  • Citgo

    1.22 miles

  • Mobil

    1.23 miles

  • Town Center Parking

    1.53 miles

  • underground parking entrance

    1.55 miles

  • Parking Lot G

    1.57 miles

  • Parking Lot E

    1.59 miles

  • Parking Lot H

    1.63 miles

  • Parking Lot A

    1.64 miles

  • Parking Lot D

    1.66 miles

  • Parking Lot C

    1.77 miles

  • Parking Lot F

    1.88 miles

  • Parking Lot J

    1.95 miles

  • Krispy Krunchy Chicken

    1.32 miles

  • Subway

    1.35 miles

  • Dunkin'

    1.41 miles

  • Wendy's

    1.51 miles

  • Happy's Pizza

    1.72 miles

  • White Castle

    1.75 miles

  • Mighty Wing Shop

    1.82 miles

  • Popeyes

    1.89 miles

  • Hellenic Restaurant

    2.08 miles

  • Panera Bread

    2.14 miles

  • 8 Mile Foodland

    1.20 miles

  • Save-A-Lot

    1.84 miles

  • Kroger

    1.94 miles

  • Aldi

    2.00 miles

  • Glory Supermarket

    2.17 miles

  • Evergreen Supply Company

    2.20 miles

  • Save-A-Lot

    2.20 miles

  • Savon Foods

    2.60 miles

  • Kroger

    2.85 miles

  • Gordon Food Service

    3.02 miles

  • CVS Pharmacy

    0.86 miles

  • Ascension Providence Hospital, Southfield Campus

    0.97 miles

  • Oakland Regional Hospital

    1.01 miles

  • Rite Aid

    1.38 miles

  • Southfield Police Department

    1.54 miles

  • Grace Medical Pharmacy

    1.81 miles

  • Michigan State Police Department

    1.86 miles

  • Walgreens

    1.98 miles

  • CVS Pharmacy

    2.01 miles

  • Oak Park Public Safety

    2.01 miles

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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Documents

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Sales

  • Purchase Date 21 Oct, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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

Frequently Asked Questions

What is the total square footage of 23300 Northwestern Hwy?

23300 Northwestern Hwy totals 116,186 square feet.

When was this property built?

23300 Northwestern Hwy was built in 2006.

When was 23300 Northwestern Hwy last sold?

23300 Northwestern Hwy was last sold on 21 Oct, 2015.

What is the market value for 23300 Northwestern Hwy?

The market value* for 23300 Northwestern Hwy in 2022 was $6,804,740.
*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.

Tax

  • Market Value* $6,804,740
  • Assessed Value $6,804,740

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.

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