4000 Town CtrSouthfield, MI 48075

Property Details for 4000 Town Ctr

Year built

1978

Lot size

9.59 AC

Property size (Sq ft)

859,104 SF

Zone code

RC

Property type

Office buildings

APN

76-24-22-426-025

APU

762422426025

Description

This exceptional 18,563-square-foot retail space is ideally situated at 4000 Town Center, Suite 1000, in Southfield, Michigan, within Oakland County. The property is a single-tenant space, offering complete flexibility for a wide range of retail businesses. The entire 18,563 square feet is currently vacant and ready for immediate occupancy. Its location in the bustling Town Center area provides excellent visibility and accessibility, ensuring high foot traffic and potential customer reach. The property's address is 4000 Town Center, Suite 1000, Southfield, MI 48075. Geographic coordinates are 42.4789139 latitude and -83.2446219 longitude. This presents a unique opportunity for businesses seeking a prominent location in a thriving commercial district. The property type is classified as retail commercial. The building's total square footage mirrors the vacant space, indicating a completely available space for lease. This makes it an attractive option for businesses looking for a large, unencumbered space to establish or expand their operations. The property is categorized as single-tenant occupancy, offering a streamlined and efficient leasing process. This prime retail location in Southfield, Michigan offers significant potential for growth and success.

• CAP approach

  CAP return

  Valuation

  6%

  $147,068,240

  6.5%

  $135,755,296

  7%

  $126,058,496

• Comparable approach

  Method

  Valuation

  Relative Method

  $80,360,592

  Geo Method

  $80,360,592

• Alternative Use

  Use

  Valuation

  Residential

  $168,336,576

  Hospitality

  $154,195,392

  Educational

  $128,288,760

  Medical

  $132,700,808

  Retail

  $199,560,288

Location Insight

City

Southfield

County

Oakland

State

Michigan

Latitude

42.4792

Longitude

-83.2452

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].