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26711 Northwestern Hwy 26711 Northwestern Hwy

146,226 SF 58% Leased Office Building Southfield, MI 48033 $9,300,000 ($64/SF) 7.08% Cap Rate

Investment Highlights

  • Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

Executive Summary

137,476 SF office/hi-tech building
Major interior and exterior renovations completed
NOI - $658,000.00
Occupancy 73%
Assumable debt acceptable
Full service café and sundry shop located on the 1st floor
Brand new building conference facilities available at no charge to tenants
46,000 SF contiguous space available - two full floors
Highly visible building façade signage available to larger users
Abundant surface parking available
Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

Property Facts

Sale Type
Investment
Sale Condition
Lease Option
Property Type
Office
Building Size
146,226 SF
Building Class
B
Year Built/Renovated
1969/2012
Price
$9,300,000
Price Per SF
$64
Cap Rate
7.08%
NOI
$658,000
Percent Leased
58%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
24,371 SF
Slab To Slab
12’
Building FAR
0.52
Lot Size
6.49 AC
Zoning
OS - Office
Parking
571 Spaces (4.15 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Conferencing Facility
  • Food Service
  • Security System
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 170
  • 2,109 SF
  • Office
  • -
  • Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

  • 1st Fl-Ste 175
  • 5,051 SF
  • Office
  • -
  • Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

  • 2nd Fl-Ste 200
  • 2,543 SF
  • Office
  • -
  • Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

  • 2nd Fl-Ste 210
  • 3,910 SF
  • Office
  • Partial Build-Out
  • Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

  • 2nd Fl-Ste 225
  • 2,182 SF
  • Office/Medical
  • Partial Build-Out
  • Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

  • 3rd Fl-Ste Third Fl
  • 23,144 SF
  • Office
  • -
  • Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

  • 4th Fl-Ste Fourth Fl
  • 23,144 SF
  • Office
  • -
  • Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

Space Size Space Use Condition Available
1st Fl-Ste 170 2,109 SF Office - Now
1st Fl-Ste 175 5,051 SF Office - Now
2nd Fl-Ste 200 2,543 SF Office - Now
2nd Fl-Ste 210 3,910 SF Office Partial Build-Out Now
2nd Fl-Ste 225 2,182 SF Office/Medical Partial Build-Out Now
3rd Fl-Ste Third Fl 23,144 SF Office - Now
4th Fl-Ste Fourth Fl 23,144 SF Office - Now

1st Fl-Ste 170

Size
2,109 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 175

Size
5,051 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 200

Size
2,543 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 210

Size
3,910 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 225

Size
2,182 SF
Space Use
Office/Medical
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste Third Fl

Size
23,144 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste Fourth Fl

Size
23,144 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 170

Size 2,109 SF
Space Use Office
Condition -
Available Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

1st Fl-Ste 175

Size 5,051 SF
Space Use Office
Condition -
Available Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

2nd Fl-Ste 200

Size 2,543 SF
Space Use Office
Condition -
Available Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

2nd Fl-Ste 210

Size 3,910 SF
Space Use Office
Condition Partial Build-Out
Available Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

2nd Fl-Ste 225

Size 2,182 SF
Space Use Office/Medical
Condition Partial Build-Out
Available Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

3rd Fl-Ste Third Fl

Size 23,144 SF
Space Use Office
Condition -
Available Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

4th Fl-Ste Fourth Fl

Size 23,144 SF
Space Use Office
Condition -
Available Now

137,476 SF office/hi-tech building Major interior and exterior renovations completed Full service café and sundry shop located on the 1st floor Brand new building conference facilities available at no charge to tenants 46,000 SF contiguous space available - two full floors Highly visible building façade signage available to larger users Abundant surface parking available Easy access to I-696, US-10, Southfield Expressway & Telegraph Road

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
24-21-202-023
Land Assessment
$407,090
Improvements Assessment
$3,278,540
Total Assessment
$3,685,630
  • Listing ID: 27137989

  • Date on Market: 11/17/2022

  • Last Updated:

  • Address: 26711 Northwestern Hwy, Southfield, MI 48033

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