Lathrup Village, MI Commercial Real Estate for Lease and Sale

Explore 15 listings of Lathrup Village commercial real estate to find the best space for your business.

Redwood Plaza

28250 Southfield Rd, Lathrup Village, MI
Property

Office

5,328 SF
Availability

2 Spaces

570 SF
Year Built

1961
For Lease

$600.00 - $650.00/MO
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26060 Southfield Road

26060 Southfield Road, Lathrup Village, MI
Property

Office

15,492 SF
Availability

1 Space

5,733 SF
For Lease Contact for pricing
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28911 Southfield Road

28911 Southfield Road, Lathrup Village, MI
Property

Retail

11,100 SF
Availability

1 Space

1,660 SF
For Lease

$25.00/SF/YR
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18451 12th Mile Rd

18451 12th Mile Rd, Lathrup Village, Southfield, MI
Property

Office

7,488 SF
Year Built

1966
For Sale

$799,000
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28001 Southfield Rd

28001 Southfield Rd, Lathrup Village, MI
Property

Retail

2,300 SF
Year Built

1989
For Sale Contact for pricing
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28001 Southfield Rd

28001 Southfield Rd, Lathrup Village, MI
Property

Retail

2,300 SF
Availability

1 Space

2,300 SF
Year Built

1985
For Lease Contact for pricing
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26060 Southfield Road

26060 Southfield Road, Lathrup Village, MI
Property

Office

5,733 SF
For Sale Contact for pricing
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Regency Office Plaza

24333 Southfield Rd, Southfield, MI
Property

Office

15,028 SF
Availability

8 Spaces

4,500 SF
Year Built

1968
For Lease

$12.00 - $1,000.00/SF/YR
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Southfield Town Center - 4000

4000 Town Center, Southfield, MI
Property

Office

395,649 SF
Availability

5 Spaces

81,267 SF
Year Built

1979
For Lease Contact for pricing
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24450 Evergreen Road

24450 Evergreen Road, Southfield, MI
Property

Office

33,600 SF
Availability

2 Spaces

5,000 SF
Year Built

1970
For Lease

$12.00/SF/YR
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The Shoppes at Park Place

25203 & 25253 Evergreen Road, Southfield, MI
Property

Retail
Availability

2 Spaces

3,953 SF
For Lease Contact for pricing
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24202-24346 Evergreen Road

24202-24346 Evergreen Road, Southfield, MI
Property

VacantLand
For Sale

$500,000
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322 W. Lincoln Avenue

322 W Lincoln Ave, Royal Oak, MI
Property

Office

11,476 SF
Availability Contact for availability
Year Built

1962
For Lease Contact for pricing
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Troy Place - 3331 West Big Beaver Road

3331 West Big Beaver Road, Troy, MI
Property

Office

142,854 SF
Availability

1 Space

79,156 SF
Year Built

1978
For Lease

$18.50/SF/YR
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Troy Place - 3221 West Big Beaver Road

3221 West Big Beaver Road, Troy, MI
Property

Office

157,902 SF
Availability

1 Space

57,552 SF
Year Built

1978
For Lease

$18.50/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Lathrup Village commercial real estate market incorporates 34,041 square feet of office space across 5 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Lathrup Village commercial real estate market includes 15,700 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Lathrup Village incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Lathrup Village is represented by Office space, which accounts for 6,303 square feet of available listings. Retail space available in Lathrup Village adds up to 3,960 square feet.

Meanwhile, most of the listings of commercial property for sale in Lathrup Village are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Lathrup Village, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $25 per square foot.

The average size of a commercial property in Lathrup Village depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Lathrup Village, the average size of an office property is 8,511 square feet.
Retail properties here incorporate an average of 5,234 square feet.

Lathrup Village, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Lathrup Village currently add up to 10,263 square feet. The market offers 3 active office listing(s), which amount to 6,303 square feet and account for 60% of commercial spaces on the market. Local retail availability includes 3,960 square feet across 2 retail space(s).

Property Type	Count of Listings	Total SF
Office	3	6,303
Retail	2	3,960

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Lathrup Village, MI. Currently, there is 15,521 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 1 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	2	13,221
Retail	1	2,300

Lathrup Village, MI Commercial Real Estate for Lease and Sale

Redwood Plaza

26060 Southfield Road

28911 Southfield Road

18451 12th Mile Rd

28001 Southfield Rd

28001 Southfield Rd

26060 Southfield Road

Regency Office Plaza

Southfield Town Center - 4000

24450 Evergreen Road

The Shoppes at Park Place

24202-24346 Evergreen Road

322 W. Lincoln Avenue

Troy Place - 3331 West Big Beaver Road

Troy Place - 3221 West Big Beaver Road

Frequently Asked Questions

Lathrup Village, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Lathrup Village, MI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Lathrup Village, MI?

What factors affect the price of commercial real estate in Lathrup Village, MI?

What are the best areas for commercial real estate in Lathrup Village, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Lathrup Village, MI?

Lathrup Village, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us