25505 W Twelve Mile Rd
Southfield, MI 48034

25505 W 12 Mile Rd (“Silver Triangle Building”) is a five-story, single tenant, Class B office building totaling approximately 143,825 square feet (SF) in Southfield, Michigan. The subject was built in 1986 and is situated on a ±10.21 acre (AC) site along the south side of W 12 Mile Rd at the intersection with Case Ave. The property includes surface parking on the northwest, west, and south side of the building totaling ±597 parking spaces, or 4.15 spaces per 1,000 SF. The subject is currently owned and occupied by Credit Acceptance Corporation, a publicly traded company specializing in automotive related financing. Credit Acceptance Corporation (“CAC”) utilize the subject, and an additional location in Southfield (Raleigh Office Center), for their corporate offices. Per CAC, they are attempting to decrease their office footprint and vacate all or a portion of the subject. Note that depending on the situation, CAC may be a tenant for a portion of the property, with the terms and total square footage to be determined, subject to the needs of a new owner. However, should a new owner require the entire building, CAC would vacate. Note that CAC is also open to leasing the property to another tenant. The subject is located in the central Southfield office submarket, which has historically been a hub for large corporate users due to its location at the geographic center of Metro Detroit with numerous mid and high-rise office buildings. The central location in Metro Detroit with excellent expressway access and close proximity to affluent demographics should make the property attractive to single tenant users looking for a prominent HQ setting with building signage.