• Oak Hollow Gateway - 40 Oak Hollow
  • Oak Hollow Gateway - 40 Oak Hollow
  • +1 image Oak Hollow Gateway - 40 Oak Hollow

Oak Hollow Gateway - 40 Oak Hollow

Off-Market

40 Oak Hollow Street, Southfield, MI 48033

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 80,922 SF
  • Lot Size 5.66 Acre
  • Parking Spaces Avail. 323
  • Parking Ratio 4.00 / 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1989

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Purchase Date 29 Oct, 2013
  • 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

Location

Getting Around

  • Walk Score ®

    31/100 Car-Dependent

  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48033
  • Market Detroit

Points of Interest

  • Troy

    6.87 miles

  • CDM Transport LLC

    6.91 miles

  • Royal Oak

    7.47 miles

  • Mobil

    0.47 miles

  • Sunoco

    0.51 miles

  • BP

    0.67 miles

  • Marathon

    0.76 miles

  • Citgo

    1.44 miles

  • Sunoco

    1.49 miles

  • Marathon

    1.56 miles

  • Marathon

    1.61 miles

  • BP

    1.63 miles

  • BP

    1.63 miles

  • MDOT Park & Ride

    1.64 miles

  • bus parking

    1.69 miles

  • Parking Lot J

    2.03 miles

  • Parking Lot F

    2.09 miles

  • Parking Lot C

    2.18 miles

  • Parking Lot H

    2.19 miles

  • Parking Lot A

    2.20 miles

  • Parking Lot G

    2.28 miles

  • Parking Lot D

    2.29 miles

  • Parking Lot E

    2.34 miles

  • Detroit Marriott Southfield

    0.94 miles

  • Courtyard Detroit Southfield

    1.01 miles

  • Red Roof Inn

    1.15 miles

  • Marvins Garden Inn

    1.16 miles

  • Ramada by Wyndham Southfield

    1.20 miles

  • The Westin Southfield Detroit

    2.48 miles

  • Grand Tulane Motel

    3.07 miles

  • Park Motel of Farmington

    3.37 miles

  • Extended Stay America

    3.41 miles

  • Fairfield Inn

    3.45 miles

  • Meriwhether's

    0.44 miles

  • Nikola's Barbeque

    0.59 miles

  • KFC

    0.62 miles

  • Shield's Restaurant Bar Pizzeria

    0.62 miles

  • Billy Sims BBQ

    0.65 miles

  • McDonald's

    0.94 miles

  • Pho Chopstix

    1.34 miles

  • Wendy's

    1.40 miles

  • Chipotle

    1.46 miles

  • Blaze Pizza

    1.53 miles

  • Early Impressions

    0.38 miles

  • For Kids Sake

    0.47 miles

  • Southfield Number 10 School

    0.81 miles

  • Eisenhower Elementary School

    0.86 miles

  • Bradford Academy

    1.11 miles

  • Glenn W. Levey Middle School

    1.31 miles

  • Saint Michael School

    1.41 miles

  • Woodmont Academy

    1.44 miles

  • Southfield High School

    1.64 miles

  • Laurus Academy

    1.77 miles

  • KinderCare

    2.35 miles

  • Country Hills Montessori

    3.25 miles

  • Tutor Time

    3.26 miles

  • The Learning Experience

    3.35 miles

  • Old Redford Pre-Kindergarten Academy

    4.60 miles

  • Minto's Casa

    4.63 miles

  • West Bloomfield KinderCare

    5.10 miles

  • Creative Learning Children's College

    5.38 miles

  • Everbrook Academy of West Bloomfield

    5.49 miles

  • Harmony Montessori Center

    5.61 miles

Frequently Asked Questions

What is the total square footage of Oak Hollow Gateway - 40 Oak Hollow?

Oak Hollow Gateway - 40 Oak Hollow totals 80,922 square feet.

When was this property built?

Oak Hollow Gateway - 40 Oak Hollow was built in 1989.

When was Oak Hollow Gateway - 40 Oak Hollow last sold?

Oak Hollow Gateway - 40 Oak Hollow was last sold on 29 Oct, 2013.

What is the market value for Oak Hollow Gateway - 40 Oak Hollow?

The market value* for Oak Hollow Gateway - 40 Oak Hollow in 2022 was $8,682,420.
*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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