20500 Civic Center Dr 180,291 SF Vacant Office Building Southfield, MI 48076 £3,745,318 (£20.77/SF)
INVESTMENT HIGHLIGHTS
- 20500 Civic Center Dr offers conference rooms, executive suites, breakout rooms, a serene garden atrium and a lushly landscaped outdoor courtyard.
- POIs nearby include the Lawrence Technological University, Children's Hospital of Michigan, Courtyard by Marriott, Lowe's, Michael's, and Best Buy.
- Prominent location with great visibility and easy Freeway access to Interstate 696 and M-10.
- 20500 Civic Center Drive has a roof-top helipad installed.
EXECUTIVE SUMMARY
NAI Farbman and Keen-Summit are pleased to present the opportunity to acquire 20500 Civic Center Drive in Southfield, Michigan. The offering presents an outstanding opportunity to acquire a high-quality office property in the sought-after Southfield market, ready to be used as a headquarters building for an owner or reconfigured as a multi-tenant building. Aside from the excellent location, 20500 Civic Center Drive offers a park-like setting, a beautiful atrium lobby, a commercial kitchen and cafe, an employee recreation room, abundant parking, and nearby amenities, including retail shops, hotels, and restaurants in the surrounding area.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
REO Sale
Property Type
Office
Building Size
180,291 SF
Building Class
B
Year Built/Renovated
1968/2005
Price
£3,745,318
Price Per SF
£20.77
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
45,073 SF
Slab to Slab
10 ft
Building FAR
0.27
Lot Size
15.30 AC
Zoning
R-A
Parking
780 Spaces (4.33 Spaces per 1,000 SF Leased)
AMENITIES
- Energy Performance Certificate (EPC)
PROPERTY TAXES
| Parcel Number | 24-22-201-019 | Improvements Assessment | £3,755,828 |
| Land Assessment | £733,555 | Total Assessment | £4,489,383 |
CONTACTS
-
Heather
Milazzo
-
Christopher
Mahoney
-
Todd
Szymczak
-
Alis
Babi, CCIM
-
Mario
Giglio
