26545 American Drive

Off-Market

26545 American Drive, 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 51,863 SF
  • Lot Size 4.51 Acre
  • Parking Spaces Avail. 232
  • Parking Ratio 4.49 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 2000

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 05 Jan, 2022
  • 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 ®

    17/100 Car-Dependent
  • Bike Score ®

    31/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48034
  • Market Detroit

Points of Interest

  • Troy

    6.96 miles

  • CDM Transport LLC

    7.75 miles

  • Royal Oak

    8.01 miles

  • Marathon

    0.82 miles

  • Sunoco

    0.98 miles

  • Mobil

    0.99 miles

  • Sunoco

    1.00 miles

  • BP

    1.11 miles

  • BP

    1.36 miles

  • Mobil

    1.44 miles

  • BP

    1.51 miles

  • Marathon

    1.60 miles

  • Sunoco

    1.97 miles

  • MDOT Park & Ride

    2.11 miles

  • bus parking

    2.17 miles

  • Parking Lot J

    2.68 miles

  • Parking Lot F

    2.74 miles

  • Parking Lot C

    2.85 miles

  • Parking Lot A

    2.92 miles

  • Parking Lot H

    2.92 miles

  • Parking Lot D

    2.96 miles

  • Parking Lot G

    2.99 miles

  • Parking Lot E

    3.03 miles

  • Ramada by Wyndham Southfield

    0.61 miles

  • Red Roof Inn

    0.95 miles

  • Marvins Garden Inn

    0.99 miles

  • Detroit Marriott Southfield

    1.42 miles

  • Courtyard Detroit Southfield

    1.50 miles

  • Extended Stay America

    2.65 miles

  • Fairfield Inn

    2.69 miles

  • Comfort Inn

    2.73 miles

  • Radisson Hotel Detroit-Farmington Hills

    2.96 miles

  • The Westin Southfield Detroit

    3.14 miles

  • Burger King

    0.90 miles

  • Ram's Horn

    0.99 miles

  • Bigalora Wood Fired Cucina

    1.12 miles

  • Wendy's

    1.20 miles

  • Taco Bell

    1.24 miles

  • Meriwhether's

    1.26 miles

  • Pho Chopstix

    1.26 miles

  • Panera Bread

    1.29 miles

  • Chipotle

    1.29 miles

  • Blaze Pizza

    1.33 miles

  • For Kids Sake

    1.10 miles

  • Early Impressions

    1.20 miles

  • Oakland International Academy

    1.34 miles

  • O'Connell School at Sarah Fisher (former)

    1.35 miles

  • Southfield Number 10 School

    1.63 miles

  • Our Lady of Mercy High School

    1.67 miles

  • East Middle School

    1.67 miles

  • Wood Creek Elementary School

    1.68 miles

  • Eisenhower Elementary School

    1.69 miles

  • Aim High School

    1.81 miles

  • KinderCare

    1.86 miles

  • Country Hills Montessori

    2.80 miles

  • Tutor Time

    2.83 miles

  • The Learning Experience

    3.06 miles

  • Minto's Casa

    3.88 miles

  • West Bloomfield KinderCare

    4.29 miles

  • Everbrook Academy of West Bloomfield

    4.65 miles

  • Bloomin' Kids Preschool at Conant

    5.12 miles

  • Old Redford Pre-Kindergarten Academy

    5.39 miles

  • Childtime Learning

    5.48 miles

Frequently Asked Questions

What is the total square footage of 26545 American Drive?

26545 American Drive totals 51,863 square feet.

When was this property built?

26545 American Drive was built in 2000.

When was 26545 American Drive last sold?

26545 American Drive was last sold on 05 Jan, 2022.

What is the market value for 26545 American Drive?

The market value* for 26545 American Drive in 2022 was $2,093,920.
*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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