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Northwestern Medical Plaza 29255 Northwestern Hwy 27,465 SF 84% Leased Office Building Southfield, MI 48034 For Sale
Investment Highlights
- ±27,465 gross SF situated on 2.0 acres of land
- Potential for partial user/investor with one remaining ±3,000 SF available suite
- Dramatic 3-story marble lobby
- 88% leased with long term stable medical Tenants
- Stable occupancy history maintaining ±90% occupancy over previous 15 years
- Common areas completely remodeled in 2023
Executive Summary
Multi-Tenant 3-story medical office building located on the south bound side of Northwestern Hwy., Southfield Michigan
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
27,465 SF
Building Class
B
Year Built/Renovated
1983/2004
Percent Leased
84%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
9,100 SF
Slab To Slab
11’
Building FAR
0.32
Lot Size
1.99 AC
Opportunity Zone
Yes
Zoning
B-3 - General Business District
Parking
152 Spaces (6.04 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 3rd Fl-Ste 301
- 500-4,500 SF
- Medical
- Full Build-Out
- Now
| Space | Size | Space Use | Condition | Available |
| 3rd Fl-Ste 301 | 500-4,500 SF | Medical | Full Build-Out | Now |
3rd Fl-Ste 301
| Size |
| 500-4,500 SF |
| Space Use |
| Medical |
| Condition |
| Full Build-Out |
| Available |
| Now |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 24-07-351-074 | Improvements Assessment | $811,290 |
| Land Assessment | $218,020 | Total Assessment | $1,029,310 |
Property Taxes
Parcel Number
24-07-351-074
Land Assessment
$218,020
Improvements Assessment
$811,290
Total Assessment
$1,029,310
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Northwestern Medical Plaza | 29255 Northwestern Hwy
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