36800 Woodward Ave - Office FOR SALE


Bloomfield Hills, MI 48304
$11,950,000 USD
248-210-5219
36800 Woodward Ave, Bloomfield Hills, MI for Sale
$11,950,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

36800 Woodward Ave
Bloomfield Hills, MI 48304


HIGHLIGHTS

  • Highest grade materials and finish throughout common areas and tenant spaces
  • Specialty medical tenant buildouts in excess of $100/SF w/substantial tenant participation
  • Rare opportunity to own one of only seven multi-tenant office buildings between Big Beaver Road and Maple Road on Woodward Avenue
  • Tenant leases provide for fixed annual increases
  • Access to site from both Woodward Avenue and Big Beaver Road
  • Monument ground sign at Woodward Avenue providing signage to each tenant

OVERVIEW

Class “A” boutique 3 -story ±46,678 SF multi-tenant office building located at east side of Woodward Ave south of Big Beaver Rd, Bloomfield Hills, Michigan. 100% occupancy w/46% of total occupancy leased to long-term stable specialty medical tenants. ± $2.7 million dollars spent on capital upgrades and enhancements over previous 6 years, including HVAC, lobby, courtyard, common halls, LAVS, elevator, zinc façade, electrical, monument sign, and more. Award-winning Neumann Smith designed lobby and common areas w/automatic frameless double glass entry doors, floor-to-ceiling glass enclosed lobby, slate flooring, and custom lighting.

FOR SALE DETAILS

PRICE

$11,950,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodward Crossing

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

160

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

O-1

APN/PARCEL ID

19-25-126-003

ASK ABOUT THIS PROPERTY

Todd HawleyFriedman Real EstateMore Info
248-210-5219

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Todd HawleyFriedman Real EstateMore Info
248-210-5219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.