25800 Northwestern HwySouthfield, MI 48075

Property Details for 25800 Northwestern Hwy

Year built

1985

Lot size

9.18 AC

Property size (Sq ft)

655,519 SF

Zone code

ERO

Property type

Office buildings

APN

76-24-22-426-001

APU

762422426001

Description

The Century, a prestigious 11-story, 308,286 square foot Class A office building, offers 27 available suites ranging from 45 to 22,049 square feet. Built in 1986 and extensively renovated in 2015, this multiple-tenancy building boasts a prime location on Northwestern Highway and Civic Center Drive in Oakland County, providing exceptional visibility and convenient access to major thoroughfares like M-10 and I-696. Tenants enjoy scenic views, along with a comprehensive suite of Class A amenities including an on-site cafe featuring outdoor seating, a tenant lounge, and a fitness center. The building caters to diverse business needs with flexible floor plans designed for adaptability. Ample parking is available with 1,128 covered spaces and 115 surface spaces. Currently, a limited-time offer presents below-market pricing, making this an exceptional opportunity for businesses seeking a high-quality, well-located office space in a thriving area. The building's traditional office design provides a professional and efficient work environment.

• CAP approach

  CAP return

  Valuation

  6%

  $127,179,000

  6.5%

  $117,396,000

  7%

  $109,011,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $61,317,200

  Geo Method

  $61,317,200

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $228,065,000

  Retail / Commercial

  $117,550,000

  Mixed-Use / Specialty

  $117,603,000

  Hospitality / Lodging

  $86,896,400

  Institutional / Educational

  $122,429,000

  Residential Income

  $143,241,000

  Multifamily

  $169,178,000

  Automotive / Energy

  $104,939,000

  Parking / Income-Based Land

  $35,746,600

  Restaurant / Food Service

  $62,173,900

  Healthcare / Senior Housing

  $120,116,000

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.4789

Longitude

-83.2482

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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