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411 S Old Woodward Ave

Birmingham, MI
Total Size
107,692 sqft
Zoning
Year Constructed
0
Year Renovated
0
Building Class

About 411 S Old Woodward Ave

Bruce A. Morrison, Luke C. Timmis and Signature Associates, A Cushman & Wakefield Alliance member, are pleased to present a trophy mixed use asset featuring office and retail with abundant enclosed parking. Superior in-town location. High profile major tenants-Conway MacKenzie, SKBK Sotheby's, CorePointe Insurance Company. Value add opportunity as in-place rents reset by over 30% to market rates. Estimated 2015 NOI = $1.8 million. Estimated NOI at marketing rates = $2.5 million.

Internet Providers for 411 S Old Woodward Ave

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
WOW! Internet, Cable and Phone Cable
100 Mb/s
6 Mb/s
MegaPath Corporation DSL
50 Mb/s
50 Mb/s
AT&T Michigan DSL
25 Mb/s
1.5 Mb/s
Iserv DSL
10 Mb/s
768 kbps
Cavalier Telephone DSL
10 Mb/s
1.5 Mb/s

The Neighborhood: Downtown Birmingham

The typical asking rate per listing is in the $40's per square foot per year. The Downtown Birmingham region is going through a a rise in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.

Compared to the rest of the Metro Detroit market, the Downtown Birmingham region has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Median Rate Median Size
Downtown Birmingham $43
/sqft/yr
5,000
sqft
Median Rate Median Size
Metro Detroit $21
/sqft/yr
2,500
sqft

Median Rate over Time in Downtown Birmingham