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24681 Northwestern Hwy

Off-Market

24681 Northwestern Hwy, Southfield, MI 48075

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  • Property Type Office - General Office
  • Property Size 46,144 Sqft
  • Lot Size 1 Acre
  • Parking Spaces Avail. 114
  • Parking Ratio 2.49/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1970

Location

  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48075
  • Market Detroit

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 08 Feb, 2010
  • Purchase Price $488,822
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination 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.

  • 2020 Avg. Asking Rent $21.49
  • 2020 Office Vacancy Rate 19.28%
  • 2020 Office Completions (Sqft)
View more Southfield market trends

Tax

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Frequently Asked Questions

What is the total square footage of 24681 Northwestern Hwy?

24681 Northwestern Hwy totals 46,144 square feet.

When was this property built?

24681 Northwestern Hwy was built in 1970.

When was 24681 Northwestern Hwy last sold?

24681 Northwestern Hwy was last sold on 08 Feb, 2010.

What was the last purchase price for 24681 Northwestern Hwy?

24681 Northwestern Hwy was last sold for $488,822.

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