Northland Towers - West Tower

Off-Market

15565 Northland Drive, 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 113,625 SF
  • Lot Size 1.98 Acre
  • Parking Spaces Avail. 340
  • Parking Ratio 3.00 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1963

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 03 Apr, 1990
  • 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.

  • 2022 Avg. Asking Rent $20.39
  • 2022 Office Vacancy Rate 24.32%
  • 2022 Office Completions (SF)

Southfield Office Sales Trends

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

  • 2022 Avg. Price per SF $97.41
  • 2022 Office Sales Volume $38.6M
  • 2022 Number of Transactions 5
View more Southfield market trends

Location

Getting Around

  • Walk Score ®

    57/100 Somewhat Walkable
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48075
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    2.27 miles

  • Royal Oak

    4.05 miles

  • Troy

    6.64 miles

  • Grand Boulevard

    8.44 miles

  • Baltimore Street

    8.57 miles

  • Detroit

    8.61 miles

  • Amsterdam Street

    8.75 miles

  • Ferry Street

    9.11 miles

  • Warren Avenue

    9.36 miles

  • Canfield Street

    9.73 miles

  • Marathon

    0.23 miles

  • BP

    0.39 miles

  • BP

    0.58 miles

  • Shell

    0.88 miles

  • Exxon

    0.93 miles

  • Mobil

    0.95 miles

  • BP

    1.07 miles

  • Citgo

    1.08 miles

  • Citgo

    1.12 miles

  • Mobil

    1.14 miles

  • Parking Lot E

    1.97 miles

  • Parking Lot D

    2.01 miles

  • Parking Lot G

    2.03 miles

  • Parking Lot C

    2.05 miles

  • Vistor Parking Lot B

    2.10 miles

  • Vistor Parking Lot A

    2.11 miles

  • MRC parking lot

    2.61 miles

  • underground parking entrance

    2.96 miles

  • Town Center Parking

    2.96 miles

  • Parking Lot G

    2.98 miles

  • Cranbrook Inn

    0.23 miles

  • Baymont by Wyndham Ferndale/Royal Oak

    1.65 miles

  • The Westin Southfield Detroit

    2.94 miles

  • Riviera Motel Detroit

    3.33 miles

  • Hilton Veterinary Clinic of Ferndale

    4.45 miles

  • Courtyard Detroit Southfield

    4.53 miles

  • Detroit Marriott Southfield

    4.60 miles

  • Fontaine Motel

    5.11 miles

  • Inn America

    5.40 miles

  • Marvins Garden Inn

    5.42 miles

  • White Castle

    0.36 miles

  • Mighty Wing Shop

    0.45 miles

  • Subway

    1.13 miles

  • Burger King

    1.13 miles

  • Captain Jay's Fish & Chicken

    1.32 miles

  • Krispy Krunchy Chicken

    1.84 miles

  • Dunkin'

    1.91 miles

  • Wendy's

    1.96 miles

  • Sahara Restaurant and Grill

    2.10 miles

  • Sweetwater Express

    2.13 miles

  • Academy of Michigan

    0.14 miles

  • Jalen Rose Leadership Academy

    0.53 miles

  • Pembroke Academy

    0.57 miles

  • Oak Park Service Learning Academy

    0.58 miles

  • Magnolia Center

    0.59 miles

  • Champions at Magnolia Center

    0.64 miles

  • Bow Elementary-Middle School

    0.74 miles

  • Einstein Elementary School

    0.82 miles

  • Chandler Park Academy-Greenfield

    0.94 miles

  • Vernor Elementary School

    1.15 miles

  • Creative Learning Children's College

    0.46 miles

  • Academy of Detroit-West

    2.17 miles

  • Stepping Out On Faith Learning Center & Childcare

    2.62 miles

  • Harmony Montessori Center

    2.82 miles

  • Nature's Playhouse

    3.06 miles

  • Hampton Church Child Care Center

    3.16 miles

  • Green Garden Child Development Center

    3.38 miles

  • Old Redford Pre-Kindergarten Academy

    3.62 miles

  • Allen Baptist Childcare & Development Center

    4.26 miles

  • Sunnybrook Day Nursery

    4.52 miles

Frequently Asked Questions

What is the total square footage of Northland Towers - West Tower?

Northland Towers - West Tower totals 113,625 square feet.

When was this property built?

Northland Towers - West Tower was built in 1963.

When was Northland Towers - West Tower last sold?

Northland Towers - West Tower was last sold on 03 Apr, 1990.

What is the market value for Northland Towers - West Tower?

The market value* for Northland Towers - West Tower in 2023 was $1,712,380.

*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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