Office

The Woodward Building

25600 Woodward Ave, Royal Oak, MI 48067

Listing Price: $2,125,000

Cap Rate
7.87%
Gross SF
18,321
Rentable SF
18,321
Price/Gross SF
$115.99
Lot Size
0.30 acres
Year Built
1968

Investment Overview

Marcus & Millichap is pleased to present the Woodward Building, consisting of over 18,000 square feet of rentable space, and occupied by multiple tenants. The location along the Woodward Corridor gives the building exceptional visibility and access. Woodward Avenue is a north-south state trunk line highway and is also referred to as M-1 and Detroits Main Street. The roadway runs from Detroit to Pontiac and is one of the five principal avenues in Detroit. With traffic counts of over 64,000 cars per day. Additionally, the location also provides easy access to various interstates, making travel easy.
Royal Oak is a city in Oakland County. It is a suburb of Detroit and is the eighth-largest municipality in Oakland County and the 27th largest in Michigan. Conveniently located near several major thoroughfares, Royal Oak's location is prime. This is evident in the steady rise of property values throughout the city. Royal Oak has maintained the appeal of a small town, while affording many of the amenities of a large metropolis. Because of its respect for diversity, the city's composition is truly eclectic.
The population represents a diverse mix of individuals, age groups, incomes, and myriad of residential home styles. Combined efforts of a proactive city government and Downtown Development Authority over the past several years have brought about a metamorphosis of the city's central business district. Downtown businesses have created a diverse, one-stop commercial district where customers find quality and personal service. The area provides a plethora of activities, restaurants, outside venues and so much more!

Investment Highlights

  • 100 Percent Occupied Office Building
  • Various Tenants and Lease Terms
  • Easy Access and Visibility

Exclusively Listed By

  • John J. Godwin

    Senior Managing Director Investments

    (248) 415-2618

    Email John

    License(s): MI: 6502339209, MI: 6506011230

    Detroit

Listing Price: $2,125,000

Cap Rate
7.87%
Gross SF
18,321
Rentable SF
18,321
Price/Gross SF
$115.99
Lot Size
0.30 acres
Year Built
1968

Investment Highlights

  • 100 Percent Occupied Office Building
  • Various Tenants and Lease Terms
  • Easy Access and Visibility

Investment Overview

Marcus & Millichap is pleased to present the Woodward Building, consisting of over 18,000 square feet of rentable space, and occupied by multiple tenants. The location along the Woodward Corridor gives the building exceptional visibility and access. Woodward Avenue is a north-south state trunk line highway and is also referred to as M-1 and Detroits Main Street. The roadway runs from Detroit to Pontiac and is one of the five principal avenues in Detroit. With traffic counts of over 64,000 cars per day. Additionally, the location also provides easy access to various interstates, making travel easy.
Royal Oak is a city in Oakland County. It is a suburb of Detroit and is the eighth-largest municipality in Oakland County and the 27th largest in Michigan. Conveniently located near several major thoroughfares, Royal Oak's location is prime. This is evident in the steady rise of property values throughout the city. Royal Oak has maintained the appeal of a small town, while affording many of the amenities of a large metropolis. Because of its respect for diversity, the city's composition is truly eclectic.
The population represents a diverse mix of individuals, age groups, incomes, and myriad of residential home styles. Combined efforts of a proactive city government and Downtown Development Authority over the past several years have brought about a metamorphosis of the city's central business district. Downtown businesses have created a diverse, one-stop commercial district where customers find quality and personal service. The area provides a plethora of activities, restaurants, outside venues and so much more!

Exclusively Listed By

  • John J. Godwin

    Senior Managing Director Investments

    (248) 415-2618

    Email John

    License(s): MI: 6502339209, MI: 6506011230

    Detroit

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