For Sale $3,800,000
City Southfield
Neighborhood Southfield
Zip Code 48034
Market Detroit
Property Type Office - General Office
Property Size 42,303 Sqft
Building Class B
Year Built 1985
Year Renovated 2006
Date Updated 12 Apr, 2021

Located on Franklin Road, just south of I-696. Southfield's central location within the greater Metro Detroit area, and its proximity to several freeway interchanges, is one of the main reasons owners and tenants are attracted to the submarket. I-696, Lodge Freeway (M-10), Southfield Freeway (M-39), and Telegraph Road (US 24) are all nearby.

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Contacts

Kevin Jappaya

KJ Commercial Real Estate Advisors

(248) 851-8900

Highlights

Strong in-place NOI
Value add opportunity to lease up one remaining vacancy
Ability to construct another building on the site
Well maintained with newer interior finishes
Located 1/4 mile from the Franklin Road/I-696 Interchange
The city of Southfield is a central location within the greater Metro Detroit area and has easy access to several freeway interchanges including I-696, Lodge Freeway (M-10), Southfield Freeway (M-39) and Telegraph Road (US 24)
Favorable existing financing in place
Flexible use zoning
Phase I, Survey, and other reports availabl