Southfield Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Southfield is $19.92 per square foot, 4.97% higher compared to the previous year.
  • The market’s vacancy rate stands at 33.55%, higher than the state average of Michigan, which is 22.02%.
  • Renting Class A/A+ office space here costs $20.76 per square foot, while Class B averages $18.78 and Class C stands at $14.14.

2025 Office Space Rent & Sales

  • $19.92 2025 Avg. Asking Rent
  • 4.97% Y-o-Y Avg. Asking Rent Change
  • 33.55% 2025 Office Vacancy Rate
  • $59.5M2025 Total Office Sales
  • $24.26Avg. Sale Price/SF

What is the average asking rent price for office space in Southfield?

Average asking rents for office space here stand at $19.92 per square foot. The local office market recorded an average vacancy rate of 33.55% in 2025, unchanged from 33.55% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $59.5M across 10 sales. These transactions commanded an average sale price per square foot of $24.26.

Southfield, MI Office Asking Rents by Class

What is the average office rent per square foot by property class in Southfield?

  • Avg. Asking Rent Class A & A+$20.76
  • Avg. Asking Rent Class B$18.78
  • Avg. Asking Rent Class C$14.14

The average asking rent for Class A and A+ office space stood at $20.76 per square foot, indicating the best — and most expensive — that the market has to offer.
Class B space in Southfield averaged $18.78 per square foot, while the average for Class C space was $14.14 per square foot.

What is the average office rent per square foot by property class in MI?

  • Avg. Asking Rent Class A & A+$22.82
  • Avg. Asking Rent Class B$21.47
  • Avg. Asking Rent Class C$15.43

For comparison, the average rent for Class A and A+ office space in Michigan was $22.82 per square foot. The state-wide average for Class B space was $21.47 per square foot, and Class C office spaces averaged $15.43 per square foot.

Explore Top Office Markets in Michigan

2025 Office Sales Volume

  • $24.262025 Avg. Price per SF
  • $59.5M2025 Office Sales Volume
  • 102025 Number of Transactions

What is the average sale price per square foot for office space in Southfield?

Average sale prices for office space in this market recorded a -59.62% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $24.26 per square foot. For comparison, the statewide Michigan average during the same time period stood at $113.58 per square foot, while the national average was $182.48 per square foot.

Southfield, MI Sale Price per SF Trend

  • Southfield Avg. Sale Price per SF in 2025$24.26
  • Michigan Avg. Sale Price per SF in 2025$113.58

What was the total office sales volume in Southfield in 2025?

The local office market recorded 10 deals in 2025, adding up to a yearly sales volume of $59.5M.

  • Southfield, MI Total Office Sales Volume in 2025 $59.5M
  • Southfield, MI Total Number of Office Sales Closed in 2025 10
Data provided by Yardi Research

What are the largest recent office completions in Southfield?

The largest recent office completion here is 1000 Town Center at 692,232 square feet, completed in 1987. The next largest completions are 100/200 Galleria and Galleria Officentre - 400 Galleria.

Office building Address SF Completed
25900 Eleven Mile Rd 25900 Eleven Mile Rd, 48034 8,000 2003
Oakland Commons I 20700 Civic Center Drive, 48076 160,567 1999
Oxford Pointe Office Center 26300 Northwestern Hwy, 48076 85,000 1999
26455 American Drive 26455 American Drive, 48034 53,310 1999
Galleria Officentre - 400 Galleria 400 Galleria Officentre, 48034 245,861 1989
One Northwestern Plaza 28411 Northwestern Hwy, 48034 239,455 1989
Riverside Center 25925 Telegraph, 48034 194,386 1989
City Center Office Park 26777 Central Park Blvd, 48076 153,270 1989
1000 Town Center 1000 Town Center, 48075 692,232 1987
100/200 Galleria 100-400 Galleria, 48034 480,000 1987
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.