Rose & Sidney Diem Building

Off-Market

29699 Southfield Road, Southfield, MI 48076

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 65,140 SF
  • Lot Size 3.6 Acre
  • Parking Spaces Avail. 168
  • Parking Ratio 2.59 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1985

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 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 ®

    45/100 Car-Dependent
  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Southfield, MI
  • Neighborhood Southfield
  • Zip Code 48076
  • Market Detroit

Points of Interest

  • Troy

    2.96 miles

  • Royal Oak

    4.10 miles

  • CDM Transport LLC

    6.58 miles

  • Pontiac

    9.34 miles

  • Marathon

    0.34 miles

  • Exxon

    0.36 miles

  • Mobil

    0.65 miles

  • BP

    0.69 miles

  • Shell

    1.01 miles

  • Stop & Go

    1.02 miles

  • Citgo

    1.21 miles

  • Marathon

    1.56 miles

  • Mobil

    1.72 miles

  • Marathon

    1.74 miles

  • (Employee only)

    1.56 miles

  • West Parking Deck (Employee only)

    1.57 miles

  • Employee and Student Parking (south)

    1.62 miles

  • South Parking Deck

    1.66 miles

  • Valet

    1.73 miles

  • North Parking Deck

    1.80 miles

  • underground parking entrance

    1.92 miles

  • Town Center Parking

    2.26 miles

  • Student Parking

    2.28 miles

  • bus parking

    2.43 miles

  • The Westin Southfield Detroit

    2.41 miles

  • The Townsend Hotel

    2.63 miles

  • Holiday Inn Express Detroit-Birmingham

    2.94 miles

  • Courtyard Detroit Southfield

    3.06 miles

  • Detroit Marriott Southfield

    3.13 miles

  • Marvins Garden Inn

    3.34 miles

  • Red Roof Inn

    3.43 miles

  • Homewood Suites

    3.57 miles

  • Homewood Suites by Hilton Detroit-Troy

    3.59 miles

  • Ramada by Wyndham Southfield

    3.93 miles

  • Arby's

    0.08 miles

  • National Coney Island

    0.09 miles

  • Southfield Nutrition

    0.18 miles

  • McDonald's

    0.25 miles

  • Red Olive Family Restaurants

    0.30 miles

  • Burger King

    0.57 miles

  • Taco Bell

    0.83 miles

  • Beverly Hills Grill

    0.92 miles

  • McDonald's

    1.02 miles

  • Panera Bread

    1.02 miles

  • Bussey Center for Early Child Education

    0.58 miles

  • Vandenberg World Cultures Academy

    0.73 miles

  • Southfield-Lathrup High School

    0.76 miles

  • Academy of Lathrup Village (closed)

    1.00 miles

  • Evergreen School

    1.05 miles

  • Beverly School

    1.06 miles

  • McIntyre Elementary School

    1.12 miles

  • Angell School

    1.37 miles

  • Pattengill School

    1.46 miles

  • Akiva Hebrew Day School

    1.58 miles

  • Harmony Montessori Center

    2.57 miles

  • Stepping Out On Faith Learning Center & Childcare

    2.71 miles

  • Green Garden Child Development Center

    3.10 miles

  • Gateway Country Day & Child Care Center

    4.62 miles

  • Creative Learning Children's College

    4.78 miles

  • Bloomin' Kids Preschool at Conant

    4.93 miles

  • Nature's Playhouse

    5.62 miles

  • KinderCare

    6.21 miles

  • Academy of Detroit-West

    6.36 miles

  • West Bloomfield KinderCare

    6.43 miles

Frequently Asked Questions

What is the total square footage of Rose & Sidney Diem Building?

Rose & Sidney Diem Building totals 65,140 square feet.

When was this property built?

Rose & Sidney Diem Building was built in 1985.

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