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32321312
32321296

28588 Northwestern Highway, Southfield, MI 48034

AS
MI 6​5​0​2​4​3​3​3​0​7
APEX Commercial Real Estate Advisors
SY
MI 6501443637
APEX Commercial Real Estate Advisors
Listed by APEX Commercial Real Estate Advisors
$6,990,000
29 days on market
Updated 29 days ago
Opportunity zone

Centrum Office Center

Details
Property Type Office
Sub Type Traditional Office, Executive Office
Square Footage 99,003
Net Rentable (SqFt) 99,003
Cap Rate 7%
NOI $489,300
Occupancy 76.7%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 12%
Pro-Forma NOI $838,800
Broker Co-Op True
Class A
Year Built 1985
Buildings 1
Stories 4
Acreage 4.100
Zoning B-3
Parking Spaces 330

23,000 SF of Lease-Up Potential | 16,000 SF of Contiguous Space Available

Investment highlights

Premier Location & Visibility - Immediate access to M-10 (Lodge Freeway) and minutes to I-696, providing excellent regional connectivity

Built in 1985 / renovated in 2025, offering updated infrastructure with value-add upside

Situated on a 4.0+ acre site, allowing for strong parking and future flexibility

Strong Parking & Accessibility - 330 parking spaces w/ covered parking - Easy ingress/egress and commuter accessibility

Configured for multi-tenant occupancy, allowing diversified income streams - Existing suite availability provides leaseup upside and mark-to-market opportunity and Ideal for medical, professional services, or executive office users

Attractive Basis vs. Replacement Cost | Large-scale suburban office at a fraction of replacement cost

Established Business Corridor | Southfield is home to 100+ Fortune 500 company offices, driving tenant demand - Strong surrounding infrastructure, workforce, and corporate tenancy

Surrounded by many national amenities - attractive for workforce and corporate employees

Surrounded by a strong mix of national retailers and amenities, creating an attractive and convenient environment for employees and corporate users

Listing Contacts

AS
MI 6​5​0​2​4​3​3​3​0​7
APEX Commercial Real Estate Advisors
SY
MI 6501443637
APEX Commercial Real Estate Advisors
Listed by APEX Commercial Real Estate Advisors

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$489,300.00
$40,775.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Ayson Shammami
License
6​5​0​2​4​3​3​3​0​7
Brokerage
Apex Commercial RE
Title
Apex Commercial RE
Brokerage Address
32300 Northwestern Highway
Name
Sal Yaldo
License
6501443637
Brokerage
Apex Commercial Real Estate Advisors
Brokerage Phone
248.579.5045
Title
Managing Partner
Brokerage Address
32300 Northwestern Highway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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