Century Office Plaza - Building 1

Off-Market

24100 Southfield Road, Southfield, MI 48075

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 45,360 SF
  • Lot Size 2.94 Acre
  • Parking Spaces Avail. 235
  • Parking Ratio 5.20 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1969

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 05 Mar, 2020
  • 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
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

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 ®

    36/100 Car-Dependent
  • Bike Score ®

    36/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48075
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    3.88 miles

  • Royal Oak

    3.96 miles

  • Troy

    5.42 miles

  • Grand Boulevard

    9.98 miles

  • Clark

    0.34 miles

  • Sunoco

    0.43 miles

  • Mobil

    0.61 miles

  • Shell

    0.97 miles

  • Sunoco

    1.03 miles

  • Shell

    1.07 miles

  • Speedway

    1.10 miles

  • Mobil

    1.16 miles

  • BP

    1.22 miles

  • Exxon

    1.54 miles

  • underground parking entrance

    1.35 miles

  • Town Center Parking

    1.45 miles

  • Parking Lot E

    1.55 miles

  • Parking Lot G

    1.58 miles

  • Parking Lot D

    1.63 miles

  • Parking Lot A

    1.66 miles

  • Parking Lot H

    1.67 miles

  • Parking Lot C

    1.74 miles

  • Parking Lot F

    1.85 miles

  • Parking Lot J

    1.91 miles

  • The Westin Southfield Detroit

    1.45 miles

  • Cranbrook Inn

    1.85 miles

  • Baymont by Wyndham Ferndale/Royal Oak

    2.86 miles

  • Courtyard Detroit Southfield

    3.12 miles

  • Detroit Marriott Southfield

    3.19 miles

  • Riviera Motel Detroit

    3.95 miles

  • Marvins Garden Inn

    3.95 miles

  • Red Roof Inn

    4.03 miles

  • Ramada by Wyndham Southfield

    4.51 miles

  • Hilton Veterinary Clinic of Ferndale

    4.90 miles

  • Krispy Krunchy Chicken

    0.96 miles

  • Dunkin'

    1.06 miles

  • Subway

    1.27 miles

  • Happy's Pizza

    1.35 miles

  • Panera Bread

    1.78 miles

  • Subway

    1.81 miles

  • Hellenic Restaurant

    1.85 miles

  • Wendy's

    1.92 miles

  • Sahara Restaurant and Grill

    1.94 miles

  • White Castle

    1.97 miles

  • Kennedy School

    0.44 miles

  • Morris Adler Elementary School

    0.98 miles

  • Yeshivah Gedolah High School

    1.03 miles

  • International Montessori Academy

    1.08 miles

  • Champions at Magnolia Center

    1.13 miles

  • Childs Academy Montessori Center

    1.14 miles

  • Magnolia Center

    1.14 miles

  • Oholei Yosef Yitzchak Lubavitch - Harry & Wanda Zekelman Campus

    1.15 miles

  • Thompson K-8 International Academy

    1.23 miles

  • Pepper Elementary School

    1.27 miles

  • Creative Learning Children's College

    2.06 miles

  • Stepping Out On Faith Learning Center & Childcare

    2.10 miles

  • Harmony Montessori Center

    2.20 miles

  • Green Garden Child Development Center

    2.98 miles

  • Academy of Detroit-West

    3.56 miles

  • Nature's Playhouse

    4.01 miles

  • Old Redford Pre-Kindergarten Academy

    4.09 miles

  • Hampton Church Child Care Center

    4.69 miles

  • Allen Baptist Childcare & Development Center

    5.63 miles

  • Green Garden Child Development Center

    6.00 miles

Frequently Asked Questions

What is the total square footage of Century Office Plaza - Building 1?

Century Office Plaza - Building 1 totals 45,360 square feet.

When was this property built?

Century Office Plaza - Building 1 was built in 1969.

When was Century Office Plaza - Building 1 last sold?

Century Office Plaza - Building 1 was last sold on 05 Mar, 2020.

What is the market value for Century Office Plaza - Building 1?

The market value* for Century Office Plaza - Building 1 in 2022 was $1,674,700.
*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.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.