Post on 31-Mar-2023
Royal Oak Office Spacesfor Lease_Feb 2022
PREPARED BY:
203 S Troy StRoyal Oak, MI 48067
City of Royal Oak
Todd FentonEconomic Development Manager
(248) 246-3208 (phone)toddf@romi.gov
Page 1
2/2/2022
Property Summary Report
123 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1925
RBA 28,200 SF
Stories 3
Typical Floor 9,400 SF
Construction Masonry
LAND
Land Acres 0.62 AC
Zoning CBD
Parcel 15-15-277-016
EXPENSES
Taxes $0.92/SF (2020)
SPACE FEATURES
• Bus Line • Signage
FOR LEASE
Smallest Space
800 SF
Max Contigu-ous
5,400 SF
# of Spaces 2
Vacant 6,200 SF
% Leased 78.0%
Rent Withheld - CoStar Est.
Office Avail 800 SF
Office/Ret Avail
5,400 SF
Total Avail 6,200 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 130 Office Direct 800 800 800 Withheld Vacant 2 Years
AQRE Advisors
P 1st Off/Ret Direct 5,400 5,400 5,400 Withheld Vacant 1 - 5 Years
AQRE Advisors
TRANSPORTATION
Walk Score® Walker’s Paradise (90)
Copyrighted report licensed to CoStar Group
Page 2
2/2/2022
Property Summary Report
123 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSCare Solutions Group 2,172 SF
Dr. Lombardo and Dr. Pohl 1,000 SF
John Casablancas 957 SF
Transcending Horizons 906 SF
Law Office of Dean N. Ankouny 900 SF
Mind Wellness Counseling 1,833 SF
Wavelock Advanced Technology 980 SF
IML Precision LLC 932 SF
Echo Network 900 SF
Anderson/Miller, Ltd. 517 SF
PROPERTY CONTACTS
Primary Leasing Company AQRE Advisors
812 S Main St
Royal Oak, MI 48067
(248) 776-6001 (p)
Recorded Owner MD McKenna, LLC
2080 Rhine Rd
West Bloomfield, MI 48323
(248) 855-8584 (p)
True Owner MD McKenna, LLC
2080 Rhine Rd
West Bloomfield, MI 48323
(248) 855-8584 (p)
Copyrighted report licensed to CoStar Group
Page 3
2/2/2022
Property Summary Report
812 S Main St - Executive Office BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 2000
RBA 9,000 SF
Stories 2
Typical Floor 4,500 SF
Construction Reinforced Concrete
LAND
Land Acres 0.31 AC
Zoning BI
Parcel 25-21-429-015
EXPENSES
Taxes $3.07/SF (2021)
SPACE FEATURES
• Air Conditioning • Bus Line
• Signage
FOR LEASE
Smallest Space
3,000 SF
Max Contigu-ous
3,000 SF
# of Spaces 1
Vacant 3,000 SF
% Leased 66.7%
Rent Withheld - CoStar Est.
Office Avail 3,000 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 100 Office Direct 3,000 3,000 3,000 Withheld Vacant 3 - 5 Years
AQRE Advisors
3,000 square feet of contiguous space available on the first floor. Spacious street level office space with lots of natural light. Call today.
SALE
Sold Price $920,000 ($102.22/SF)
Date Oct 2013
Sale Type Investment
TRANSPORTATION
Parking 6 available (Covered);22 available (Surface);Ratio of 3.11/1,000 SF
Airport 22 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (91)
Copyrighted report licensed to CoStar Group
Page 4
2/2/2022
Property Summary Report
812 S Main St - Executive Office BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSAQRE Advisors 500 SF
PROPERTY CONTACTS
Primary Leasing Company AQRE Advisors
812 S Main St
Royal Oak, MI 48067
(248) 776-6001 (p)
Recorded Owner 812 S Main Ro Llc
4198 Orchard Lake Rd
Orchard Lake, MI 48323
Previous True Owner New Dimension Development
41301 Production Drive
Harrison Twp., MI 48045
(248) 584-3340 (p)
Property Manager New Dimension Development
41301 Production Drive
Harrison Twp., MI 48045
(248) 584-3340 (p)
True Owner AQRE Advisors
812 S Main St
Royal Oak, MI 48067
(248) 776-6001 (p)
Previous True Owner Four-Way Tool And Die Inc
239 Indusco Ct
Troy, MI 48083
(248) 585-8255 (p)
Developer New Dimension Development
41301 Production Drive
Harrison Twp., MI 48045
(248) 584-3340 (p)
BUILDING NOTES
Suites built to tenant specifications. Individually controlled utilities. Great access to I-696 and I-75.
Newer 2-story building in the heart of downtown Royal Oak. Walking distance to area amenities cornered parking.
Copyrighted report licensed to CoStar Group
Page 5
2/2/2022
Property Summary Report
210-212 E 3rd StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1950
RBA 24,366 SF
Stories 2
Typical Floor 12,180 SF
Construction Masonry
LAND
Land Acres 0.67 AC
Zoning BI
Parcel 25-22-106-006
EXPENSES
Taxes $3.01/SF (2020)
SPACE FEATURES
• Signage
FOR LEASE
Smallest Space
2,096 SF
Max Contigu-ous
2,096 SF
# of Spaces 1
Vacant 2,096 SF
% Leased 91.4%
Rent $24.00
Service Type Plus All Utilities
Office Avail 2,096 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 200 Office Direct 2,096 2,096 2,096 $24.00/+UTIL Vacant 3 - 5 Years
Beanstalk Real Estate Solutions
TRANSPORTATION
Parking 25 available (Surface);Ratio of 1.02/1,000 SF
Walk Score® Very Walkable (86)
Copyrighted report licensed to CoStar Group
Page 6
2/2/2022
Property Summary Report
210-212 E 3rd StRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSMark Ridley Comedy Castle 8,754 SF
Matchrx 1,650 SF
Cal Chemical 600 SF
Corp One Inc -
Lockhart's BBQ #2, LLC -
Wipp Education Foundation Inc -
FanCrater, LLC 2,214 SF
Pektron, Inc. 1,302 SF
Wachler & Associates PC 600 SF
Ink Logix -
Macomb Daily -
PROPERTY CONTACTS
Primary Leasing Company Beanstalk Real Estate Solutions
422 Congress St
Detroit, MI 48226
(313) 446-8060 (p)
Recorded Owner Corp. One Property Company, LLC
210 E 3rd St
Royal Oak, MI 48067
Previous True Owner The Daily Tribune
100 Macomb Daily Dr
Mount Clemens, MI 48043
(888) 622-6629 (p)
(586) 469-2892 (f)
True Owner Corp. One, Inc
210 E 3rd St
Royal Oak, MI 48067
(248) 543-2274 (p)
Previous True Owner Anfrec, LLC
745 Balfour St
Grosse Pointe Park, MI 48230
(313) 824-2961 (p)
BUILDING NOTES
- Ample Close Parking at Royal Oak Farmer
Copyrighted report licensed to CoStar Group
Page 7
2/2/2022
Property Summary Report
301-303 W 4th StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1929
Year Renov 2002
RBA 63,000 SF
Stories 4
Typical Floor 16,939 SF
Construction Masonry
LAND
Land Acres 0.39 AC
Zoning CBD
Parcel 25-21-236-012
EXPENSES
Taxes $1.76/SF (2020)
SPACE FEATURES
• Bus Line • Commuter Rail
FOR LEASE
Smallest Space
280 SF
Max Contigu-ous
5,000 SF
# of Spaces 4
Vacant 10,835 SF
% Leased 82.8%
Rent $16.00 - 26.00
Service Type Modified Gross
CAM $22.00/SF
Office Avail 10,835 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P LL LL 150 Office Direct 5,000 5,000 5,000 $16.00/MG Vacant 3 - 5 Years
Atesian Properties
P LL LL190 Office Direct 280 280 280 $22.00/MG Vacant 5 Years
Atesian Properties
P 4th 400 Office Direct 4,005 4,005 4,005 $26.00/MG Vacant 3 - 5 Years
Atesian Properties
Copyrighted report licensed to CoStar Group
Page 8
2/2/2022
Property Summary Report
301-303 W 4th StRoyal Oak, MI 48067 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 4th 450 Office Direct 1,550 1,550 1,550 $24.00/MG Vacant 5 Years
Atesian Properties
Loft office space with exposed ceilings and hardwood floors
SALE
Sold Price $2,000,000 ($31.75/SF)
Date Mar 2012
Sale Type Investment
TRANSPORTATION
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (86)
TENANTSRPM 11,600 SF
Ozone Music and Sound 2,000 SF
Tricho Salon & Spa 1,500 SF
Arts Beats & Eats 1,200 SF
Joe Alisa Photography 650 SF
Angelic Sholars 550 SF
Iconic 500 SF
Ahmed Tours & Travels, USA 450 SF
Jones Music 450 SF
Carol Damoth 300 SF
The Great Escape Room 7,500 SF
Law Office Of Patrick G. Gagniuk, P.L.L.C.
1,500 SF
About Face Beauty Spa 1,250 SF
CEF & Associates 1,100 SF
Studio 804 650 SF
Ambassador-referral Marketing Soft-ware
500 SF
Rpm Freight Systems 500 SF
eLuxe3D 450 SF
Michaels Entertainment DJ 450 SF
Wolverine Cabinets 250 SF
PROPERTY CONTACTS
Primary Leasing Company Atesian Properties
780 W Maple Rd
Troy, MI 48084
(248) 362-2870 (p)
(248) 362-3011 (f)
Recorded Owner 301 Fourth LLC
780 W Maple Rd
Troy, MI 48084
Previous True Owner Lakeshore Real Estate
1740 W Big Beaver Rd
Troy, MI 48084
Property Manager Slater Management Corporation
2950 W Square Lake Rd
Troy, MI 48098
(248) 269-9484 (p)
(248) 540-6290 (f)
True Owner Atesian Properties
780 W Maple Rd
Troy, MI 48084
(248) 362-2870 (p)
(248) 362-3011 (f)
Previous True Owner J.E. Robert Companies
7950 Jones Branch Dr
McLean, VA 22107
(703) 714-8000 (p)
(703) 714-8100 (f)
Previous True Owner Slater Management Corporation
2950 W Square Lake Rd
Troy, MI 48098
(248) 269-9484 (p)
(248) 540-6290 (f)
Copyrighted report licensed to CoStar Group
Page 9
2/2/2022
Property Summary Report
301-303 W 4th StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING NOTES
301 4th St is a historic building with loft office spaces located in downtown Royal Oak. The building construction includes granite entry with key fab and security doors. The entire building has hardwood floors.
This property is located at the corner of Washington Ave and West 4th St in downtown Royal Oak. The property is in close proximity with Royal Oak's downtown restaurants and retail stores.
Copyrighted report licensed to CoStar Group
Page 10
2/2/2022
Property Summary Report
333 W 7th St - The Lafayette BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1925
Year Renov 1998
RBA 42,000 SF
Stories 3
Typical Floor 14,000 SF
Construction Reinforced Concrete
LAND
Land Acres 0.98 AC
Zoning Commercial
Parcel 25-21-285-012
EXPENSES
Taxes $1.70/SF (2020)
FOR LEASE
Smallest Space 1,245 SF
Max Contiguous 3,450 SF
# of Spaces 3
Vacant 6,395 SF
% Leased 84.8%
Rent $24.00 - 26.00
Office Avail 6,395 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 170 Office Direct 1,700 1,700 1,700 $24.00/MG Vacant 3 - 5 Years
Atesian Properties
P 1st 110 Office Direct 1,245 1,245 1,245 $24.00/+ELEC Vacant 2 - 5 Years
Atesian Properties
P 2nd 280 Office Direct 3,450 3,450 3,450 $26.00/MG Vacant 2 - 5 Years
Atesian Properties
TRANSPORTATION
Parking 50 available (Surface);Ratio of 1.19/1,000 SF
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (87)
Copyrighted report licensed to CoStar Group
Page 11
2/2/2022
Property Summary Report
333 W 7th St - The Lafayette BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSAmbassador Software 3,350 SF
The Liedel Law Group 2,450 SF
Hulu Llc 1,200 SF
Hilltop Wealth Solutions 1,000 SF
Boulevard 800 SF
Eleanor D Payson Pc 500 SF
Ortho Workz 500 SF
Bidwell Tovarez 3,000 SF
The Reizen Law Group 2,000 SF
CarGurus 1,100 SF
Powerley 1,000 SF
Fast Effect 800 SF
Law Office of John Little, PLLC 500 SF
Financial Planning Co -
PROPERTY CONTACTS
Primary Leasing Company Atesian Properties
780 W Maple Rd
Troy, MI 48084
(248) 362-2870 (p)
(248) 362-3011 (f)
Recorded Owner Delta Contracting Group Inc
414 Po Box
Troy, MI 48099
True Owner Atesian Properties
780 W Maple Rd
Troy, MI 48084
(248) 362-2870 (p)
(248) 362-3011 (f)
BUILDING NOTES
The Lafayette Building is a historic building built in 1925 located in downtown Royal Oak. The entire building has been remodeled including granite and hardwood flooring. All suites have forced heating and air conditioning. Updated historic office building in a great location. Professionally managed and maintained. Parking structure located one block from building. Located on the corner of Seventh and Lafayette. Calm surroundings with all the benefits of being downtown.
Copyrighted report licensed to CoStar Group
Page 12
2/2/2022
Property Summary Report
512 E 11 Mile Rd - Stefani BldgRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Retail Freestanding
Tenancy Multi
Year Built 2004
GLA 6,000 SF
Stories 3
Typical Floor 2,000 SF
Docks None
Construction Masonry
LAND
Land Acres 2.04 AC
Zoning BI
Parcel 25-22-126-031
EXPENSES
Taxes $2.93/SF (2020)
TENANTSSlazinski Law Firm P C -
Stetani & Stefanl Law Offices -
Stefani & Stefani -
FOR LEASE
Smallest Space 2,000 SF
Max Contiguous 2,000 SF
# of Spaces 1
Vacant 0 SF
% Leased 100.0%
Rent $29.00
Service Type Modified Gross
Office Avail 2,000 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 200 Office Direct 2,000 2,000 2,000 $29.00/MG 30 Days Negotiable
Cushman & Wakefield
Copyrighted report licensed to CoStar Group
Page 13
2/2/2022
Property Summary Report
512 E 11 Mile Rd - Stefani BldgRoyal Oak, MI 48067 - Royal Oak Submarket
TRAFFIC & FRONTAGE
Traffic Volume 19,211 on E 11 Mile Rd & Mason Ct W (2020)
20,543 on E 11 Mile Rd & Potter Ave W (2018)
Frontage 86' on 11 Mile Rd
Made with TrafficMetrix® Products
TRANSPORTATION
Airport 20 min drive to Detroit City Airport
Walk Score® Very Walkable (79)
PROPERTY CONTACTS
Primary Leasing Company Berridge & Morrison
24200 Woodward Ave
Pleasant Ridge, MI 48069
(248) 543-7960 (p)
(248) 545-6270 (f)
True Owner Michael & Marilyn Stefani
911 N Lake Angelus Rd
Lake Angelus, MI 48326
(248) 334-4004 (p)
Developer Ferlito Group
1442 Brush St
Detroit, MI 48226
(313) 237-2000 (p)
Leasing Company Cushman & Wakefield
27777 Franklin Rd
Southfield, MI 48034
(248) 358-6100 (p)
(248) 358-6101 (f)
Recorded Owner Michael & Marilyn Stefani
911 N Lake Angelus Rd
Lake Angelus, MI 48326
(248) 334-4004 (p)
BUILDING NOTES
Brand new high profile three-story building. Two blocks from downtown Royal Oak. One mile to Woodward or I-75. Design floor plan to your needs. Limited buildout allowance available. Seperate Utilities. Windows on three sides. Meets handicap codes. Great signage. On-site parking. Great for professional or general office destination retail. Five year lease. $2500 per month NNN plus 3% Annual Escalations. NNN's estimated to be $500.00 per month.
Copyrighted report licensed to CoStar Group
Page 14
2/2/2022
Property Summary Report
215 S Center StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1956
RBA 18,795 SF
Stories 3
Typical Floor 6,132 SF
Construction Masonry
LAND
Land Acres 0.30 AC
Zoning B-1
Parcel 25-21-233-003
EXPENSES
Taxes $2.00/SF (2020)
SPACE FEATURES
• Property Manager on Site • Signage
FOR LEASE
Smallest Space
3,800 SF
Max Contigu-ous
4,900 SF
# of Spaces 2
Vacant 9,008 SF
% Leased 52.1%
Rent $10.00 - 23.00
CAM Withheld
Office Avail 9,008 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P LL Office Direct 3,800 - 4,108 4,108 4,108 $10.00/+ELEC Vacant Negotiable
Newmark
E 3rd Office Direct 4,900 4,900 4,900 $23.00/NNN Vacant Negotiable
Newmark
SALE
Sold Price $4,000,000 ($212.82/SF)
Date Dec 2004
Financing 1st Mortgage: Citizens Bank
Bal/Pmt: $3,000,000/-
TRANSPORTATION
Parking 15 available (Surface);Ratio of 1.25/1,000 SF
Airport 23 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (90)
Copyrighted report licensed to CoStar Group
Page 15
2/2/2022
Property Summary Report
215 S Center StRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSFactory Detroit 4,500 SF
PROPERTY CONTACTS
Primary Leasing Company Newmark
27725 Stansbury Blvd
Farmington Hills, MI 48334
(248) 350-9500 (p)
(248) 357-0923 (f)
Recorded Owner CSV Property Company LLC
210 E Third St
Royal Oak, MI 48067
Previous True Owner Citizens Bank
800 S Main St
Royal Oak, MI 48067
(248) 691-6435 (p)
(248) 399-1176 (f)
True Owner Corp. One, Inc
210 E 3rd St
Royal Oak, MI 48067
(248) 543-2274 (p)
Previous True Owner Huntington Real Estate Group
218 S Main St
Royal Oak, MI 48067
(248) 398-7575 (p)
(248) 388-9919 (f)
BUILDING NOTES
Building is located on Center St and 3rd St, just 50 yards from Main St.
Building has onsite parking and First floor has windows on 4 sides
Copyrighted report licensed to CoStar Group
Page 16
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Property Summary Report
360 N Main St - Main NorthRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office Condo
Tenancy Multi
Year Built 2006
RBA 57,844 SF
Stories 4
Typical Floor 28,500 SF
Core Factor 14%
Construction Steel
LAND
Land Acres 0.68 AC
Zoning Mixed
Parcel 25-15-356-039
EXPENSES
Taxes $1.22/SF (2020)
SPACE FEATURES
• Property Manager on Site • Restaurant
FOR LEASE
Smallest Space
3,000 SF
Max Contigu-ous
3,062 SF
# of Spaces 2
Vacant 0 SF
% Leased 100.0%
Rent $29.50
Service Type Modified Gross
Office/Med Avail
3,062 SF
Retail Avail 3,000 SF
Total Avail 6,062 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Med Direct 3,062 3,062 3,062 $29.50/MG 30 Days Negotiable
Cushman & Wakefield
SALE
Sold Price $4,249,047 ($73.46/SF) - Part of Portfolio
Date May 2013
Sale Type Investment
Properties 2
TRANSPORTATION
Airport 22 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (92)
Copyrighted report licensed to CoStar Group
Page 17
2/2/2022
Property Summary Report
360 N Main St - Main NorthRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSWomen First Ob/Gyn Center 8,952 SF
CareerBuilder 3,804 SF
Airfoil 3,000 SF
Nosh Pit 2,917 SF
Production Resource Group 2,000 SF
Merces Consulting Group 1,200 SF
Eat Catering -
Sparks Exhibits Environments Corp 7,000 SF
Hulu 3,794 SF
City Tavern 3,000 SF
Primo's Pizza 2,600 SF
ViacomCBS 2,000 SF
Skyward Group Real Estate 1,000 SF
PROPERTY CONTACTS
Primary Leasing Company Cushman & Wakefield
27777 Franklin Rd
Southfield, MI 48034
(248) 358-6100 (p)
(248) 358-6101 (f)
True Owner Alidade Capital
40900 Woodward Ave
Bloomfield Hills, MI 48304
(248) 593-7878 (p)
(248) 988-8868 (f)
Previous True Owner Alidade Capital
40900 Woodward Ave
Bloomfield Hills, MI 48304
(248) 593-7878 (p)
(248) 988-8868 (f)
Previous True Owner Sheriff Of Oakland County
1200 N Telegraph Rd
Pontiac, MI 48341
(248) 858-5000 (p)
Architect Saroki Architecture
430 N Old Woodward Ave
Birmingham, MI 48009
(248) 258-5707 (p)
Leasing Company A.F. Jonna Development & Manage-ment Co.
4036 Telegraph Rd
Bloomfield Hills, MI 48302
(248) 593-6200 (p)
(248) 593-6203 (f)
Recorded Owner Alidade Main North Llc
36400 Woodward Ave
Bloomfield Hills, MI 48304
Previous True Owner Main Eleven Royal Oak Syndicated Holdings, LLC
39533 Woodward Ave
Bloomfield Hills, MI 48304
Developer Joseph Freed & Associates, LLC
30600 Telegraph Rd
Bingham Farms, MI 48025
(248) 203-6458 (p)
(248) 336-2246 (f)
Property Manager Signature Associates
One Towne Sq
Southfield, MI 48076
(248) 948-9000 (p)
(248) 948-9015 (f)
BUILDING NOTES
This property represents the office space at 360 N Main St. Most prominent development in Royal Oak. Opened late 2006. Mixed use center with restaurants and the like on ground floor. Residential above. Entire 4th floor offers office space. Conveniently walk to downtown. Highly finished and youthful. On-site parking garage. Building offers 27,517 sq. ft. of office space and 30,327 sq. ft. of retail space, for a total of 57,844sf.
Copyrighted report licensed to CoStar Group
Page 18
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Property Summary Report
Hyatt Place Detroit / Royal Oak400 N Main StRoyal Oak, MI 48067 - Auburn Hills/Madison Heights Submarket
UpscaleClass
HOSPITALITY
Brand Hyatt Place
Hotel Opened Nov 2018
Operation Type Franchise
Operation Status Open
BUILDING
Type Hotel
Year Built Nov 2018
Rooms 123
Location Urban
Stories 5
Primary Corridors Interior
Meeting Space 1,604 SF
LAND
Land Acres 3.56 AC
Zoning B1
Parcel 25-15-353-016
EXPENSES
Taxes $7,751.12/Room (2020)
PARKING
Spaces 144 Surface
Ratio 1.17/Room
SPACE FEATURES
• Business Center • Fitness Center
• Meeting Event Space • Pool
• Restaurant
FOR LEASE
Smallest Space
100 SF
Max Contigu-ous
5,000 SF
# of Spaces 2
Vacant 4,624 SF
Rent $30.00
Service Type Triple Net
CAM $8.00/SF
Office Avail 5,000 SF
Retail Avail 4,624 SF
Total Avail 9,624 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd Office Coworking 100 - 5,000 5,000 5,000 Withheld TBD
Regus
Main Street offers a creative working environment in the vibrant Royal Oak community. Spark innovation and collaboration with flexible office and coworking space designed to fit any growing business. Discover new opportunities to connect with like-minded professionals over a tasty cup of coffee or healthy lunch.
Copyrighted report licensed to CoStar Group
Page 19
2/2/2022
Property Summary Report
Hyatt Place Detroit / Royal Oak400 N Main StRoyal Oak, MI 48067 - Auburn Hills/Madison Heights Submarket
UpscaleClass
TRANSPORTATION
Parking 144 available (Surface);Ratio of 1.17/Room
Airport 22 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (90)
TENANTSHyatt Place 92,876 SF Regus 19,500 SF
PROPERTY CONTACTS
Primary Leasing Company CG Emerson Real Estate Group
711 E 4th St
Royal Oak, MI 48067
(248) 770-5533 (p)
True Owner Namou Hotel Group
24725 Greenfield Rd
Southfield, MI 48075
(248) 388-0997 (p)
Previous True Owner CG Emerson Real Estate Group
711 E 4th St
Royal Oak, MI 48067
(248) 770-5533 (p)
Architect Krieger Klatt Architects, Inc.
1412 E 11 Mile Rd
Royal Oak, MI 48067
(248) 414-9270 (p)
(248) 414-9275 (f)
Leasing Company Landmark Commercial RE Services
30500 Northwestern Hwy
Farmington Hills, MI 48334
(248) 488-2620 (p)
(248) 488-2661 (f)
Recorded Owner Trailhead RO, LLC
520 Main St
Royal Oak, MI 48067
Developer Trailhead RO LLC
Parent Company Hyatt
Copyrighted report licensed to CoStar Group
Page 20
2/2/2022
Property Summary Report
616 N Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Single
Year Built 1952
Year Renov 2013
RBA 6,400 SF
Stories 1
Typical Floor 6,400 SF
Construction Reinforced Concrete
LAND
Parcel 25-15-308-025
EXPENSES
Taxes $4.76/SF (2020)
FOR LEASE
Smallest Space 6,400 SF
Max Contiguous 6,400 SF
# of Spaces 1
Vacant 6,400 SF
% Leased 0%
Rent $216.00
Service Type Triple Net
Office Avail 6,400 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 6,400 6,400 6,400 $216.00/NNN Vacant 5 Years
CG Emerson Real Estate Group
Office/Retail/Commercial 13 private parking spaces
TRANSPORTATION
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (83)
Copyrighted report licensed to CoStar Group
Page 21
2/2/2022
Property Summary Report
616 N Main StRoyal Oak, MI 48067 - Royal Oak Submarket
PROPERTY CONTACTS
Primary Leasing Company CG Emerson Real Estate Group
711 E 4th St
Royal Oak, MI 48067
(248) 770-5533 (p)
Copyrighted report licensed to CoStar Group
Page 22
2/2/2022
Property Summary Report
225 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1922
RBA 8,502 SF
Stories 3
Typical Floor 4,474 SF
Construction Masonry
LAND
Land Acres 0.14 AC
Zoning BI
Parcel 25-22-102-007
EXPENSES
Taxes $2.12/SF (2020)
SPACE FEATURES
• Banking • Bus Line
• Signage
FOR LEASE
Smallest Space
2,000 SF
Max Contigu-ous
3,779 SF
# of Spaces 2
Vacant 5,779 SF
% Leased 32.0%
Rent $36.00
Service Type Triple Net
CAM Withheld
Office Avail 5,779 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P LL Office Direct 2,000 2,000 2,000 Withheld Vacant Negotiable
Beanstalk Real Estate Solutions
Rare opportunity - PNC Bank has occupied this space for decades.
P 1st Office Direct 2,000 - 3,779 3,779 3,779 $36.00/NNN Vacant Negotiable
Beanstalk Real Estate Solutions
Rare opportunity - PNC Bank has occupied this space for decades.
Copyrighted report licensed to CoStar Group
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Property Summary Report
225 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
TRANSPORTATION
Airport 21 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (90)
TENANTSDDV, Inc. 1,850 SF
Gordan M. Buitendorp Associates 1,800 SF
360ofme Inc -
Fakhoury Law Firm 1,800 SF
UpChainXLM 1,800 SF
PROPERTY CONTACTS
Primary Leasing Company Beanstalk Real Estate Solutions
422 Congress St
Detroit, MI 48226
(313) 446-8060 (p)
Recorded Owner Group 225 Inc
218 Main St
Royal Oak, MI 48067
True Owner Huntington Real Estate Group
218 S Main St
Royal Oak, MI 48067
(248) 398-7575 (p)
(248) 388-9919 (f)
Copyrighted report licensed to CoStar Group
Page 24
2/2/2022
Property Summary Report
520 N Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1920
RBA 4,250 SF
Stories 1
Typical Floor 4,250 SF
Construction Masonry
LAND
Land Acres 0.84 AC
Zoning Light Commercial
Parcel 25-15-351-003
EXPENSES
Taxes $2.14/SF (2020)
FOR LEASE
Smallest Space 4,250 SF
Max Contiguous 4,250 SF
# of Spaces 1
Vacant 4,250 SF
% Leased 100.0%
Rent $19.75
Service Type Triple Net
Office/Ret Avail 4,250 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Ret Sublet 4,250 4,250 4,250 $19.75/NNN Vacant Thru Oct 2025
Hayman Company
TRANSPORTATION
Parking 17 available (Surface);Ratio of 2.13/1,000 SF
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (88)
Copyrighted report licensed to CoStar Group
Page 25
2/2/2022
Property Summary Report
520 N Main StRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSCG Emerson Real Estate Group 4,100 SF
Barton Morris Law Offices -
Momosa Co -
C.E. Gleeson Constructors, Inc. 1,574 SF
Leafco Corp -
PROPERTY CONTACTS
Primary Leasing Company CG Emerson Real Estate Group
711 E 4th St
Royal Oak, MI 48067
(248) 770-5533 (p)
Recorded Owner Gleeson Builders Llc
520 N Main St
Royal Oak, MI 48067
BUILDING NOTES
Outstanding neighborhood redevelopment opportunity located at the siganlized intersection of Main Street and Farnum Roads in Royal Oak. The lot dimensions are 163' X 172'. This ite is zoned Light Commercial and is located north of the new loft projects.
Copyrighted report licensed to CoStar Group
Page 26
2/2/2022
Property Summary Report
3121 Rochester RdRoyal Oak, MI 48073 - Royal Oak Submarket
BUILDING
Type 3 Star Retail Storefront
Tenancy Single
Year Built 1960
GLA 1,800 SF
Stories 1
Typical Floor 1,800 SF
Docks None
Construction Masonry
LAND
Land Acres 0.14 AC
Zoning BI
Parcel 25-10-104-016
EXPENSES
Taxes $2.30/SF (2020)
TENANTSKyera T. Kacey 1,518 SF
SPACE FEATURES
• Signage
FOR LEASE
Smallest Space
1,800 SF
Max Contigu-ous
1,800 SF
# of Spaces 1
Vacant 1,800 SF
% Leased 0%
Rent $14.00
Service Type Triple Net
Office Avail 1,800 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 3121 Office Direct 1,800 1,800 1,800 $14.00/NNN Vacant 2 - 5 Years
Atesian Properties
Office space with retail frontage exposure and onsite parking.
Copyrighted report licensed to CoStar Group
Page 27
2/2/2022
Property Summary Report
3121 Rochester RdRoyal Oak, MI 48073 - Royal Oak Submarket
SALE
Sold Price $280,000 ($46.37/SF) - Portfolio Price
Date May 2021
Sale Type Investment
Properties 2
TRAFFIC & FRONTAGE
Traffic Volume 11,874 on N Main St & E Bloomfield Ave N (2020)
38,791 on Rochester Rd & Edmund Ave S (2018)
Frontage 46' on Rochester Rd
Made with TrafficMetrix® Products
TRANSPORTATION
Airport 24 min drive to Detroit City Airport
Walk Score® Somewhat Walkable (50)
PROPERTY CONTACTS
Primary Leasing Company Fallone Property I Llc
1969 Common Rd
Warren, MI 48092
(248) 931-7090 (p)
Recorded Owner Victorian Properties of Michigan LLC
900 Adams Castle Dr
Bloomfield Hills, MI 48304
(313) 220-1221 (p)
Leasing Company Atesian Properties
780 W Maple Rd
Troy, MI 48084
(248) 362-2870 (p)
(248) 362-3011 (f)
Previous True Owner Fallone Property I Llc
1969 Common Rd
Warren, MI 48092
(248) 931-7090 (p)
Copyrighted report licensed to CoStar Group
Page 28
2/2/2022
Property Summary Report
4710 S Rochester RdRoyal Oak, MI 48073 - Royal Oak Submarket
BUILDING
Type 2 Star Retail Freestanding
Tenancy Single
Year Built 1978
GLA 2,628 SF
Stories 1
Typical Floor 2,628 SF
Docks None
Construction Masonry
LAND
Land Acres 1.18 AC
Zoning BI
Parcel 25-03-201-023
EXPENSES
Taxes $4.61/SF (2020)
TENANTSCitizens Bank 2,629 SF Huntington National Bank 1,000 SF
SPACE FEATURES
• Drive Thru • Pylon Sign
• Signage
FOR LEASE
Smallest Space
2,628 SF
Max Contigu-ous
2,628 SF
# of Spaces 1
Vacant 0 SF
% Leased 100.0%
Rent $16.00
Service Type Triple Net
Office/Med Avail
2,628 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Med Direct 2,628 2,628 2,628 $16.00/NNN TBD 3 - 5 Years
Prime Management Company
Ready to be converted to a physical therapy or medical office...
Copyrighted report licensed to CoStar Group
Page 29
2/2/2022
Property Summary Report
4710 S Rochester RdRoyal Oak, MI 48073 - Royal Oak Submarket
SALE
Sold Price Not Disclosed
Date May 2019
Sale Type Owner User
TRAFFIC & FRONTAGE
Traffic Volume 14,011 on Rochester Rd & Gardner Ave S (2020)
27,222 on E 14 Mile Rd & N Vermont Ave E (2020)
Frontage 228' on Genesee Ave
233' on Rochester Rd
Made with TrafficMetrix® Products
TRANSPORTATION
Parking 23 available (Surface);Ratio of 9.94/1,000 SF
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (75)
PROPERTY CONTACTS
Leasing Company Prime Management Company
33401 Woodward Ave
Birmingham, MI 48009
(248) 540-8017 (p)
(248) 540-2712 (f)
Recorded Owner Rochester Trust
1359 Davis Ave
Birmingham, MI 48009
True Owner William J & Rita J Winter
1359 Davis Ave
Birmingham, MI 48009
(248) 644-4313 (p)
Copyrighted report licensed to CoStar Group
Page 30
2/2/2022
Property Summary Report
306 S Washington Ave - Washington Square PlazaRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1927
Year Renov 1987
RBA 104,000 SF
Stories 6
Typical Floor 5,687 SF
Construction Reinforced Concrete
LAND
Land Acres 1.48 AC
Zoning BI
Parcel 25-21-227-006
EXPENSES
Taxes $2.91/SF (2020)
SPACE FEATURES
• Conferencing Facility • Property Manager on Site
FOR LEASE
Smallest Space
447 SF
Max Contigu-ous
5,692 SF
# of Spaces 7
Vacant 15,890 SF
% Leased 85.3%
Rent $22.75 - 27.50
Service Type Double Net
Office Avail 13,596 SF
Office/Ret Avail
2,682 SF
Total Avail 16,278 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P GRND 310/312 W. 4th
Off/Ret Direct 2,682 2,682 2,682 $23.00/NN Vacant Negotiable
Hanna Development & Management Co.
Prime office/retail space available on Fourth Street in downtown Royal Oak in the historic Washington Square Building. Located between Washington Ave. and Lafayette, the floor-to-ceiling glass entrance offers high visibility in this walkable downtown, and a second entry via the building's atrium is an added bonus. The space features two private offices/work rooms, kitchenette, vaulted ceiling, and a prominent display case at the atrium entrance. Enjoy the building's added amenities, including 2nd Fl. deck and meeting room.
Copyrighted report licensed to CoStar Group
Page 31
2/2/2022
Property Summary Report
306 S Washington Ave - Washington Square PlazaRoyal Oak, MI 48067 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 207 Office Direct 1,362 1,362 1,362 $23.00/MG Vacant Negotiable
Hanna Development & Management Co.
Mostly open floor plan with high ceilings to maximize the natural light from the tall, operable windows. Landlord will provide selections for new carpet and paint. Need a floor plan with private offices? Let's talk.
P 2nd 226 Office Direct 1,064 1,064 1,064 $24.50/MG Vacant Negotiable
Hanna Development & Management Co.
This 2nd Floor corner office overlooks W. Fourth St. and S. Lafayette Ave. in downtown Royal Oak - enjoy the views from the tall, operable windows. The suite stands out with it's unique double-door entry which also features keypad access. Flooring is a mix of wood, vinyl and carpet and the kitchen is nicely done with granite countertop. Three private offices with a break room (or 4th office) off of the kitchen. Move-in ready!
P 2nd 220 Office Direct 447 447 447 $23.50/MG Vacant Negotiable
Hanna Development & Management Co.
Wide open office, yet flexible to suit a single-user or team. Tall ceilings and windows along Fourth Street (they open!) offer natural light and views of Downtown Royal Oak. Small offices don't feel so small in the Washington Square Building! This suite is down the hall from the building's outdoor deck and just upstairs from restaurants, Iron Horse and D'Amato's/Goodnite Gracie.
P 2nd 219 Office Direct 940 940 940 $22.75/MG 30 Days Negotiable
Hanna Development & Management Co.
Tall ceilings, maple flooring and lots of natural light make this a great workspace. The layout features a generous open area with built-in shelves and a private, carpeted office or meeting room. The suite is located near the building's outdoor deck - the perfect place to take in a bit of the outdoors. Availability in 7-10 days.
P 4th 400 Office Direct 4,091 4,091 4,091 $27.50/MG Vacant Negotiable
Hanna Development & Management Co.
Impressive 4th Floor Office in Downtown Royal Oak's historic Washington Square Building. Enjoy the fresh air with 32 tall windows (they open!) offering views of the downtown spanning the south, west & east. The space features several private offices/conference space + TWO corner offices (SE and SW), open workspace and a gorgeous kitchen with gathering area. Stop down to the 2nd Floor and relax at the building's outdoor deck and grab dinner downstairs at D'Amato's/Goodnite Gracie, Iron Horse or Ronin Sushi. On-site property management.
P 6th 600 Office Direct 5,692 5,692 5,692 $26.00/MG Vacant Negotiable
Hanna Development & Management Co.
Work HIGH above it all - the penthouse floor of the historic Washington Square Building in Downtown Royal Oak. This opportunity to take in the views of the entire city (and then some!) from your private, full-floor suite on the 6th Floor doesn't come around often! The current floor plan features office/meeting space along the perimeter with central open workspace; want to create and customize your own fantastic workplace? Let's talk! Staff can take a break on the 2nd floor deck and enjoy a meal at Iron Horse, D'Amato's/Goodnite Gracie, or Ronin Sushi - all located in the building. On-site building management.
TRANSPORTATION
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (86)
Copyrighted report licensed to CoStar Group
Page 32
2/2/2022
Property Summary Report
306 S Washington Ave - Washington Square PlazaRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSAEG Presents 26,457 SF
Legghio & Israel PC 5,692 SF
Goodnite Gracie 2,000 SF
Black The Salon 1,800 SF
Uloop Inc 1,500 SF
Movement 1,200 SF
Boketto Center 1,064 SF
Strauss & Strauss PLLC 1,040 SF
Hanna Development & Management 1,000 SF
Penfield Consulting 1,000 SF
Tome 1,000 SF
Linkage Design 867 SF
Ed Trust Midwest 800 SF
Daniel Investment Group 600 SF
Your Personal Jeweler 391 SF
Iwerk 8,500 SF
D Amatos Neighborhood Restaurant 4,200 SF
Ronin Sushi 2,000 SF
Rene's Hair Shoppe 1,500 SF
RepWorx 1,204 SF
Saffron 1,200 SF
Siren Pr Llc 1,050 SF
Wightman 1,030 SF
Iron Horse 1,000 SF
The General Store 1,000 SF
Clear 2 Mortgage 992 SF
Bajoka Property Group 800 SF
Fred B. Walker Attorney At Law 800 SF
Alpha Asset Advisors 401 SF
Lori J. Warner 340 SF
PROPERTY CONTACTS
Primary Leasing Company Hanna Development & Management Co.
306 S Washington Ave
Royal Oak, MI 48067
(248) 548-9900 (p)
(248) 548-7069 (f)
Recorded Owner Washington Square Plaza LLC
306 S Washington Ave
Royal Oak, MI 48067
True Owner Hanna Development & Management Co.
306 S Washington Ave
Royal Oak, MI 48067
(248) 548-9900 (p)
(248) 548-7069 (f)
Property Manager Hanna Development & Management Co.
306 S Washington Ave
Royal Oak, MI 48067
(248) 548-9900 (p)
(248) 548-7069 (f)
BUILDING NOTES
Historic Washington Square Plaza building in the heart of Downtown Royal Oak - Oakland County's most vibrant retail, restaurant and business destination! Architectural excellence compliments the many building amenities including conference center, outdoor deck, atrium, high-visibility retail, and on-site owner management. Six floors of office with ground-floor office/retail/restaurant. Also home to the Royal Oak Music Theatre.
Northwest corner of Washington Avenue and Fourth Street in downtown Royal Oak.
Copyrighted report licensed to CoStar Group
Page 33
2/2/2022
Property Summary Report
515-525 S Washington AveRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1926
RBA 13,500 SF
Stories 2
Typical Floor 6,750 SF
Construction Masonry
LAND
Land Acres 0.16 AC
Zoning BI
Parcel 25-21-278-006
EXPENSES
Taxes $2.08/SF (2020)
FOR LEASE
Smallest Space 7,000 SF
Max Contiguous 7,000 SF
# of Spaces 1
Vacant 7,000 SF
% Leased 48.2%
Rent $24.00
Service Type Triple Net
Office Avail 7,000 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd Office Direct 7,000 7,000 7,000 $24.00/NNN Vacant 3 - 5 Years
Atesian Properties
Newly constructed high end office space. Entire second floor with lots of windows. Very unique space. Dedicated elevator, lobby and street entrance for exclusive use to the second floor.
SALE
Sold Price $1,350,000 ($100.00/SF)
Date Jan 2018
Sale Type Investment
TRANSPORTATION
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (88)
Copyrighted report licensed to CoStar Group
Page 34
2/2/2022
Property Summary Report
515-525 S Washington AveRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSKelly Services 4,500 SF
Mathnasium 1,500 SF
Five 15 Media Mojo & More 1,915 SF
Skyward Real Estate 1,200 SF
PROPERTY CONTACTS
Primary Leasing Company Atesian Properties
780 W Maple Rd
Troy, MI 48084
(248) 362-2870 (p)
(248) 362-3011 (f)
Recorded Owner Madrid Building Llc
780 W Maple Rd
Troy, MI 48084
Previous True Owner J.P. Rentals, Inc.
714 S Washington Ave
Royal Oak, MI 48067
(248) 548-9377 (p)
True Owner Atesian Properties
780 W Maple Rd
Troy, MI 48084
(248) 362-2870 (p)
(248) 362-3011 (f)
Previous True Owner Skyward Real Estate
519 S Washington Ave
Royal Oak, MI 48067
(248) 548-5959 (p)
Copyrighted report licensed to CoStar Group
Page 35
2/2/2022
Property Summary Report
30701 Woodward Ave - Basha Building NorthRoyal Oak, MI 48073 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1954
Year Renov 2012
RBA 31,004 SF
Stories 4
Typical Floor 7,751 SF
Construction Reinforced Concrete
LAND
Land Acres 3.00 AC
Zoning BI
Parcel 25-07-231-002
EXPENSES
Taxes $3.68/SF (2020)
SPACE FEATURES
• Banking • Bus Line
• Signage
FOR LEASE
Smallest Space
4,000 SF
Max Contigu-ous
12,000 SF
# of Spaces 3
Vacant 16,812 SF
% Leased 61.3%
Rent $15.00 - 18.00
Service Type Triple Net
Office/Med Avail
12,000 SF
Office/Ret Avail
4,812 SF
Total Avail 16,812 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 100 Off/Ret Sublet 4,812 4,812 4,812 Withheld Vacant Negotiable
Friedman Real Estate
4,812 SF former bank branch location on Woodward Avenue at 13 Mile RoadFour drive-thru lanesHigh traffic location and adjacent to Beaumont HospitalGeneral Business Zoning allows for office and retailIdeal for many uses
Copyrighted report licensed to CoStar Group
Page 36
2/2/2022
Property Summary Report
30701 Woodward Ave - Basha Building NorthRoyal Oak, MI 48073 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 3rd Off/Med Direct 4,000 - 7,000 7,000 12,000 $18.00/NNN Vacant Negotiable
Basha Diagnostics, P.C.
Join a premier medical area next to Beaumont Hospital, Royal Oak Campus. Located directly on the heavily trafficked Woodward Avenue. Opportunity to outfit a premium medical and office suite. Quick access to major highways including 696 & 75. Amazing visibility.
$16.00 psf for office$18.00 psf for medicalServices negotiableHighly strategic medical office. In medical area and major hospital. Woodward major street and major medical area. Southfield Hwy, 75 & 696. One of the finest areas in Oakland County
Professional or medical office space. Can divide as small as 2,000 SF.$16.00 psf for office$18.00 psf for medicalServices negotiableBeutiful Marble Lobby- Looking for Major Medical tenant or Hopsital to occupy space. Very Close to the Baumont Hospital Medical Campus one of the largest in the state.Very Close proximity to all major freeways aand Highways, Southfield HWY, I75 and 696
P 4th Off/Med Direct 5,000 5,000 12,000 $15.00/NNN Vacant 5 - 10 Years
Basha Diagnostics, P.C.
Join a premier medical area next to Beaumont Hospital, Royal Oak Campus. Located directly on the heavily trafficked Woodward Avenue. Opportunity to outfit a premium medical and office suite. Quick access to major highways including 696 & 75. Amazing visibility.
Build to finish, will finish the space out based on new tenants needs
TRANSPORTATION
Parking 144 available (Surface);Ratio of 0.55/1,000 SF
Airport 26 min drive to Detroit City Airport
Walk Score® Somewhat Walkable (66)
TENANTSBasha Diagnostics PC 32,500 SF
Eastwood Clinic 3,757 SF
Michigan Muslim Community Council 1,000 SF
Pure Life Day Spa LLC 1,000 SF
Syrian American Rescue Network 1,000 SF
The Rontal Clinic 9,000 SF
AT&T Cell Site MI3087 1,000 SF
Project Healthy Community 1,000 SF
Radio Broadcast Services LLC 1,000 SF
Medical Laser Aestics Pllc 500 SF
Copyrighted report licensed to CoStar Group
Page 37
2/2/2022
Property Summary Report
30701 Woodward Ave - Basha Building NorthRoyal Oak, MI 48073 - Royal Oak Submarket
PROPERTY CONTACTS
Primary Leasing Company Basha Diagnostics, P.C.
30701 Woodward Ave
Royal Oak, MI 48073
(248) 288-1600 (p)
(248) 288-2171 (f)
Recorded Owner Basha Woodward Llc
30701 Woodward Ave
Royal Oak, MI 48073
(248) 435-8066 (p)
True Owner Basha Diagnostics PC
30701 Woodward Ave
Royal Oak, MI 48073
(248) 435-8066 (p)
(248) 288-2171 (f)
Previous True Owner Basha Diagnostics, P.C.
30701 Woodward Ave
Royal Oak, MI 48073
(248) 288-1600 (p)
(248) 288-2171 (f)
BUILDING NOTES
High visibility building close to Beaumont Hospital
Fantastic Woodward Location!
New Buiding added to thislocation has available space for Lease! See Building II
Copyrighted report licensed to CoStar Group
Page 38
2/2/2022
Property Summary Report
606-618 E 11 Mile RdRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 2007
RBA 7,800 SF
Stories 2
Typical Floor 3,900 SF
Construction Masonry
LAND
Land Acres 0.36 AC
Zoning AI
Parcel 25-22-127-030
EXPENSES
Taxes $0.56/SF (2020)
SPACE FEATURES
• Air Conditioning • Bus Line
• Signage
FOR LEASE
Smallest Space
1,190 SF
Max Contigu-ous
2,497 SF
# of Spaces 2
Vacant 2,497 SF
% Leased 68.0%
Rent Withheld - CoStar Est.
CAM Withheld
Office Avail 2,497 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st B Office Direct 1,190 2,497 2,497 Withheld Vacant Negotiable
Cushman & Wakefield
P 1st A Office Direct 1,307 2,497 2,497 Withheld Vacant Negotiable
Cushman & Wakefield
Copyrighted report licensed to CoStar Group
Page 39
2/2/2022
Property Summary Report
606-618 E 11 Mile RdRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
For Sale $1,600,000 ($205.13/SF)
Sale Type Investment
Status Active
TRANSPORTATION
Parking 18 available (Surface);Ratio of 2.30/1,000 SF
Airport 20 min drive to Detroit City Airport
Walk Score® Very Walkable (75)
TENANTSTranscendence Behavorial Health 2,497 SF
Ewasyshyn & Associates -
Hilltop Wealth Solutions-Ameriprise Financial Serv
600 SF
Rogers Psychological Services PC -
PROPERTY CONTACTS
Primary Leasing Company Cushman & Wakefield
27777 Franklin Rd
Southfield, MI 48034
(248) 358-6100 (p)
(248) 358-6101 (f)
True Owner Robert Harb
21911 Sloman St
Oak Park, MI 48237
(517) 250-2170 (p)
Sales Company Cushman & Wakefield
27777 Franklin Rd
Southfield, MI 48034
(248) 358-6100 (p)
(248) 358-6101 (f)
Recorded Owner E & H Real Estates L L C
3599 Cherished View Dr
Troy, MI 48084
(248) 290-5100 (p)
BUILDING NOTES
Brand new two story brick mixed use building in downtown Royal Oak. Officeor Retail Uses Acceptable.
Copyrighted report licensed to CoStar Group
Page 40
2/2/2022
Property Summary Report
1026 W 11 Mile Rd - Build to SuitRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 4 Star Office
Tenancy Multi
Year Built Feb 2023
RBA 24,500 SF
Stories 2
Typical Floor 12,250 SF
LAND
Zoning Ofice
Parcel 25-16-380-032
EXPENSES
Taxes $1.25/SF (2020)
FOR LEASE
Smallest Space 12,250 SF
Max Contiguous 24,500 SF
# of Spaces 2
Vacant 0 SF
% Leased 0%
Rent Withheld
Office/Med Avail 24,500 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Med Direct 12,250 12,250 24,500 Withheld 120 Days Negotiable
L. Mason Capitani, Inc.
Rare “build to suit” opportunity near Downtown Royal Oak. Expansive parking available. Office & medical use possible. High visibility signage available. Short drive from Beaumont Hospital Royal Oak. Location provides quick access to I-696 and I-75.
P 2nd Off/Med Direct 12,250 12,250 24,500 Withheld 120 Days Negotiable
L. Mason Capitani, Inc.
TRANSPORTATION
Parking 122 available (Surface);Ratio of 4.97/1,000 SF
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (76)
Copyrighted report licensed to CoStar Group
Page 41
2/2/2022
Property Summary Report
1026 W 11 Mile Rd - Build to SuitRoyal Oak, MI 48067 - Royal Oak Submarket
PROPERTY CONTACTS
Primary Leasing Company L. Mason Capitani, Inc.
2301 W Big Beaver Rd
Troy, MI 48084
(248) 637-9700 (p)
(248) 637-9897 (f)
True Owner Versa Development
326 E 4th St
Royal Oak, MI 48067
(248) 996-1081 (p)
(248) 856-3173 (f)
Copyrighted report licensed to CoStar Group
Page 42
2/2/2022
Property Summary Report
1710 E 12 Mile Rd - Former PNC BankRoyal Oak, MI 48073 - Royal Oak Submarket
BUILDING
Type 2 Star Retail Bank
Tenancy Multi
Year Built 1986
Year Renov 2016
GLA 2,585 SF
Stories 1
Typical Floor 2,585 SF
Docks None
Construction Masonry
LAND
Land Acres 0.72 AC
Zoning G-1
Parcel 25-14-101-031
EXPENSES
Taxes $5.27/SF (2020)
SPACE FEATURES
• 24 Hour Access • Air Conditioning
• Conferencing Facility • Corner Lot
FOR LEASE
Smallest Space
145 SF
Max Contigu-ous
220 SF
# of Spaces 7
Vacant 1,290 SF
% Leased 50.1%
Rent Withheld - CoStar Est.
Office Avail 1,290 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
Copyrighted report licensed to CoStar Group
Page 43
2/2/2022
Property Summary Report
1710 E 12 Mile Rd - Former PNC BankRoyal Oak, MI 48073 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 105 Office Direct 180 180 180 Withheld Vacant 1 - 5 Years
Elite Living - Billings Place
Private suites range in sizes from 145 sq ft to 220 sq ft. Located steps from I-75 and just 2 miles from I-696, the 1710 Office Center is in an extremely convenient and accessible location.
AS LOW AS 495 $ A MONTH
With a remodeled interior, the 1710 Office Center is perfect for hosting meetings in the conference room, heating up lunch in the kitchenette, or having a client wait in the public seating areas before entering your private suite.
All Utilities are included Highspeed Wifi Weekly Janitorial Services Snow Removal Service Maintenance Service
P 1st 106 Office Direct 175 175 175 Withheld Vacant 1 - 5 Years
Elite Living - Billings Place
Private suites range in sizes from 145 sq ft to 220 sq ft. Located steps from I-75 and just 2 miles from I-696, the 1710 Office Center is in an extremely convenient and accessible location.
AS LOW AS 495 $ A MONTHWith a remodeled interior, the 1710 Office Center is perfect for hosting meetings in the conference room, heating up lunch in the kitchenette, or having a client wait in the public seating areas before entering your private suite.
All Utilities are included Highspeed Wifi Weekly Janitorial Services Snow Removal Service Maintenance Service
P 1st 107 Office Direct 145 145 145 Withheld Vacant 1 - 5 Years
Elite Living - Billings Place
Private suites range in sizes from 145 sq ft to 220 sq ft. Located steps from I-75 and just 2 miles from I-696, the 1710 Office Center is in an extremely convenient and accessible location.
AS LOW AS 495 $ A MONTHWith a remodeled interior, the 1710 Office Center is perfect for hosting meetings in the conference room, heating up lunch in the kitchenette, or having a client wait in the public seating areas before entering your private suite.
All Utilities are included Highspeed Wifi Weekly Janitorial Services Snow Removal Service Maintenance Service
Copyrighted report licensed to CoStar Group
Page 44
2/2/2022
Property Summary Report
1710 E 12 Mile Rd - Former PNC BankRoyal Oak, MI 48073 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 101 Office Direct 220 220 220 Withheld Vacant 1 - 5 Years
Elite Living - Billings Place
Private suites range in sizes from 145 sq ft to 220 sq ft. Located steps from I-75 and just 2 miles from I-696, the 1710 Office Center is in an extremely convenient and accessible location. AS LOW AS 495 $ A MONTH
With a remodeled interior, the 1710 Office Center is perfect for hosting meetings in the conference room, heating up lunch in the kitchenette, or having a client wait in the public seating areas before entering your private suite.
All Utilities are included Highspeed Wifi Weekly Janitorial Services Snow Removal Service Maintenance ServiceP 1st 103 Office Direct 190 190 190 Withheld Vacant 1 - 5 Years
Elite Living - Billings Place
Private suites range in sizes from 145 sq ft to 220 sq ft. Located steps from I-75 and just 2 miles from I-696, the 1710 Office Center is in an extremely convenient and accessible location. AS LOW AS 495 $ A MONTH
With a remodeled interior, the 1710 Office Center is perfect for hosting meetings in the conference room, heating up lunch in the kitchenette, or having a client wait in the public seating areas before entering your private suite.
All Utilities are included Highspeed Wifi Weekly Janitorial Services Snow Removal Service Maintenance ServiceP 1st 102 Office Direct 195 195 195 Withheld Vacant 1 - 5 Years
Elite Living - Billings Place
Royal Oak's 1710 Executive Office Center is perfect for an executive office. Offices range in size from 145 sq ft to 220 sq ft. Located steps from I-75 and 2 miles from 6-96, our office center is located in a convenient location. With a remodeled interior, this center is perfect for hosting a client meeting in the conference room, heating up lunch in the kitchenette, or having a patient wait in the waiting areas before they entire your office suite. AS LOW AS 495 $ A MONTHAll Utilities are included Highspeed Wifi Weekly Janitorial Services Snow Removal Service Maintenance ServiceP 1st 104 Office Direct 185 185 185 Withheld Vacant 1 - 5 Years
Elite Living - Billings Place
Private suites range in sizes from 145 sq ft to 220 sq ft. Located steps from I-75 and just 2 miles from I-696, the 1710 Office Center is in an extremely convenient and accessible location. AS LOW AS 495 $ A MONTH
With a remodeled interior, the 1710 Office Center is perfect for hosting meetings in the conference room, heating up lunch in the kitchenette, or having a client wait in the public seating areas before entering your private suite.
All Utilities are included Highspeed Wifi Weekly Janitorial Services Snow Removal Service Maintenance Service
Copyrighted report licensed to CoStar Group
Page 45
2/2/2022
Property Summary Report
1710 E 12 Mile Rd - Former PNC BankRoyal Oak, MI 48073 - Royal Oak Submarket
SALE
Sold Price $490,000 ($189.56/SF)
Date Mar 2017
Sale Type Investment
TRAFFIC & FRONTAGE
Traffic Volume 22,800 on E 12 Mile Rd & Spoon Ave E (2018)
38,949 on W 12 Mile Rd & Stephen-son Hwy E (2018)
Frontage 240' on 12 Mile Rd
154' on Campbell Rd
Made with TrafficMetrix® Products
TRANSPORTATION
Parking 27 available (Surface);Ratio of 10.00/1,000 SF
Airport 20 min drive to Detroit City Airport
Walk Score® Very Walkable (70)
PROPERTY CONTACTS
Primary Leasing Company LPN Properties, LLC
5000 E Grand River Ave
Howell, MI 48843
(248) 330-1827 (p)
True Owner Leonard Nadolski
5000 E Grand River Ave
Howell, MI 48843
(810) 229-8800 (p)
Previous True Owner PNC Financial Services Group, Inc.
300 Fifth Ave
Pittsburgh, PA 15222
(888) 762-2265 (p)
(412) 762-7829 (f)
Leasing Company Elite Living - Billings Place
221 N Main St
Royal Oak, MI 48067
(248) 951-4200 (p)
Recorded Owner 2015 Bellaire LLC
BUILDING NOTES
For sale: Former PNC Branch in Royal Oak 3 lane drive-thru and drive-up ATM 2,585± SF situated on .72± acres All brick construction with frontage and visibility on 12 Mile Road & Campbell Road 37 private, on-site parking spaces Curb cut into site from 12 Mile and Campbell Road Zoned G-1, General Industrial
Copyrighted report licensed to CoStar Group
Page 46
2/2/2022
Property Summary Report
115-203 E Hudson Ave - Proposed Redevelopment SiteRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Flex
Tenancy Multi
Year Built 1978
RBA 16,000 SF
Stories 1
Typical Floor 16,000 SF
Ceiling Ht 16'
Construction Reinforced Concrete
LAND
Land Acres 1.01 AC
Zoning Light Ind
Parcel 25-22-301-006
EXPENSES
Taxes $1.17/SF (2020)
LOADING
Docks None
Cranes None
Drive Ins 5 tot./12' w x 14' h
Rail Spots None
POWER & UTILITIES
Utilities Heating - Gas, Lighting - Fluorescent
FEATURES
• Signage
FOR LEASE
Smallest Space
4,000 SF
Max Contigu-ous
16,000 SF
# of Spaces 1
Vacant 0 SF
% Leased 100.0%
Rent Withheld - CoStar Est.
Office Avail 16,000 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
Copyrighted report licensed to CoStar Group
Page 47
2/2/2022
Property Summary Report
115-203 E Hudson Ave - Proposed Redevelopment SiteRoyal Oak, MI 48067 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 4,000 - 16,000 16,000 16,000 Withheld 30 Days Negotiable
JLL
Adaptive Reuse Office/Industrial OpportunityUp to 16,000 SF high-image loft style or professional office space to tenant specs1.01 acre site / mixed-use zoning––Building signage available––55 free surface spaces with additional non-metered street parking––High exposed ceilings 16 ft. clearOutdoor patio opportunities––Building can be delivered approximately 6 months after lease execution––Great opportunity for marketing, advertising, tech firms, etc.––The office buildings surrounding this redevelopment are a testament of this product demand––Within walking distance to downtown Royal Oak amenities––One of the largest blocks of existing office space in Royal Oak––Convenient access to I-696 & I-75Take a tour of the JLL offices across the street to seean example of the end product type delivery
TRANSPORTATION
Parking 54 available (Surface);Ratio of 3.38/1,000 SF
Airport 21 min drive to Detroit City Airport
Walk Score® Very Walkable (89)
TENANTSPeggy Jo Studio LLC 4,035 SF
United Mobile Power Wash Inc 4,000 SF
CrossFit 4,000 SF
Avalon Construction LLC 500 SF
PROPERTY CONTACTS
Primary Leasing Company JLL
226 E Hudson Ave
Royal Oak, MI 48067
(248) 581-3300 (p)
(248) 581-3242 (f)
Recorded Owner Mark Leipsitz
8455 E Jefferson Ave
Detroit, MI 48214
True Owner Mark Leipsitz
8455 E Jefferson Ave
Detroit, MI 48214
BUILDING NOTES
Highly desired Royal Oak Location. Near I-696. 16' Clear.
Copyrighted report licensed to CoStar Group
Page 48
2/2/2022
Property Summary Report
115-203 E Hudson Ave - Proposed Redevelopment SiteRoyal Oak, MI 48067 - Royal Oak Submarket
Copyrighted report licensed to CoStar Group
Page 49
2/2/2022
Property Summary Report
415 S West St - The Findling Law FirmRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1998
RBA 11,000 SF
Stories 3
Typical Floor 3,667 SF
Construction Masonry
LAND
Land Acres 0.19 AC
Zoning BI
Parcel 25-21-235-004
EXPENSES
Taxes $3.32/SF (2020)
SPACE FEATURES
• Property Manager on Site • Signage
FOR LEASE
Smallest Space
2,000 SF
Max Contigu-ous
2,400 SF
# of Spaces 2
Vacant 5,500 SF
% Leased 0%
Rent Withheld - CoStar Est.
Office Avail 4,400 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 2,400 2,400 2,400 Withheld 30 Days Negotiable
THE FINDLING LAW FIRM PLC
P 2nd Office Direct 2,000 2,000 2,000 Withheld Vacant Negotiable
NAI Farbman
TRANSPORTATION
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (86)
Copyrighted report licensed to CoStar Group
Page 50
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Property Summary Report
415 S West St - The Findling Law FirmRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSWilliam J Liedel 2,400 SF
Liedel Law Group 600 SF
Findling Law Firm 300 SF
Datong Designs Inc 1,800 SF
Maiorana Partners Ltd 450 SF
Dixie Whistling Saloon LLC -
PROPERTY CONTACTS
Primary Leasing Company NAI Farbman
28400 Northwestern Hwy
Southfield, MI 48034
(248) 353-0500 (p)
(248) 353-0501 (f)
True Owner David Findling
415 S West St
Royal Oak, MI 48067
(248) 399-9700 (p)
Leasing Company THE FINDLING LAW FIRM PLC
415 S West St
Royal Oak, MI 48067
(248) 399-3300 (p)
Recorded Owner David Findling
415 S West St
Royal Oak, MI 48067
(248) 399-9700 (p)
Copyrighted report licensed to CoStar Group
Page 51
2/2/2022
Property Summary Report
612 E 4th StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1971
RBA 5,440 SF
Stories 1
Typical Floor 5,440 SF
Construction Masonry
LAND
Land Acres 0.37 AC
Zoning BI
Parcel 25-22-133-010
EXPENSES
Taxes $2.18/SF (2020)
SPACE FEATURES
• Air Conditioning • Signage
FOR LEASE
Smallest Space
5,440 SF
Max Contigu-ous
5,440 SF
# of Spaces 1
Vacant 5,440 SF
% Leased 0%
Rent $23.50
Service Type Full Service Gross
Office/Ret Avail
5,440 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Ret Direct 5,440 5,440 5,440 $23.50/FS Vacant Negotiable
Colliers
•Up to 5,440 SF Available•19 Free Onsite Parking Spaces •Walkable to Over 50 Restaurants and Bars•Free Municipal Parking •Within Minutes of I-75 / I-696
Copyrighted report licensed to CoStar Group
Page 52
2/2/2022
Property Summary Report
612 E 4th StRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
Sold Price $585,000 ($107.54/SF)
Date Jun 2008
Sale Type Owner User
TRANSPORTATION
Parking 20 available (Surface);Ratio of 3.68/1,000 SF
Airport 20 min drive to Detroit City Airport
Walk Score® Very Walkable (75)
TENANTSTomkiw Dalton 5,440 SF
Seven Stone Management 900 SF
Advantage Computer Consulting 450 SF
Premier Design Studio Inc -
Sushi Kabar LLC -
Premier Communication 1,000 SF
Redmond, PLC 600 SF
Dusty Diversified Svc Inc -
Premier Design Studio Inc -
PROPERTY CONTACTS
Primary Leasing Company Colliers
2 Corporate Dr
Southfield, MI 48076
(248) 540-1000 (p)
(248) 540-1038 (f)
Recorded Owner Hym Properties LLC
612 E 4th St
Royal Oak, MI 48067
(248) 591-7000 (p)
Previous True Owner Richard Wright Revocable Trust
1813 Palo Alto Ave
The Villages, FL 32159
(352) 750-2626 (p)
True Owner Andrey T Tomkiw
612 E 4th St
Royal Oak, MI 48067
(248) 591-7000 (p)
Previous True Owner Tomkiw Dalton
612 E 4th St
Royal Oak, MI 48067
(248) 591-7000 (p)
BUILDING NOTES
Very nice small office building. Perfect for lawyers, CPA, insurance, mortgage or real estate office.
Copyrighted report licensed to CoStar Group
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2/2/2022
Property Summary Report
400-450 W 4th St - Howard & Howard BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1991
RBA 160,024 SF
Stories 4
Typical Floor 40,006 SF
Construction Steel
LAND
Land Acres 1.51 AC
Zoning BI, Office
Parcel 25-21-226-030
EXPENSES
Taxes $2.02/SF (2020)
SPACE FEATURES
• Bus Line • Commuter Rail
FOR LEASE
Smallest Space
9,629 SF
Max Contigu-ous
42,820 SF
# of Spaces 2
Vacant 18,262 SF
% Leased 88.6%
Rent $26.50
Service Type Modified Gross
Office Avail 61,082 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 3rd Office Direct 9,629 - 18,262 18,262 18,262 $26.50/MG Vacant Negotiable
CBRE, Inc.
P 4th Office Direct 42,820 42,820 42,820 $26.50/MG Jul 2023 Negotiable
CBRE, Inc.
SALE
Sold Price $21,000,000 ($131.23/SF)
Date Jun 2008
Sale Type Investment
TRANSPORTATION
Parking 300 available (Covered);146 avail-able (Surface);Ratio of 2.79/1,000 SF
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (87)
Copyrighted report licensed to CoStar Group
Page 54
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Property Summary Report
400-450 W 4th St - Howard & Howard BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSHoward & Howard Attorneys PLLC 90,118 SF
NFP 19,624 SF
3D Excite 38,410 SF
RTT USA -
PROPERTY CONTACTS
Primary Leasing Company CBRE, Inc.
2000 Town Center
Southfield, MI 48075
(248) 353-5400 (p)
(248) 353-8134 (f)
Recorded Owner H2 Royal Oak Llc
450 W 4th St
Royal Oak, MI 48067
Previous True Owner PNC Financial Services Group, Inc.
300 Fifth Ave
Pittsburgh, PA 15222
(888) 762-2265 (p)
(412) 762-7829 (f)
True Owner Howard & Howard Attorneys PLLC
400-450 W 4th St
Royal Oak, MI 48067
(248) 645-1483 (p)
(248) 645-1568 (f)
Previous True Owner Howard & Howard Attorneys PLLC
400-450 W 4th St
Royal Oak, MI 48067
(248) 645-1483 (p)
(248) 645-1568 (f)
Property Manager Paletta Property Management
2424 Foxgrove Dr
Highland, MI 48356
(248) 691-3529 (p)
BUILDING NOTES
Prominent central Royal Oak address. Class A office space with downtown walkability. Close proximity to restaurants,shopping and entertainment. Parking garage adjacent to building connected by a covered walk way to the building. Potential building signageavailable.
Copyrighted report licensed to CoStar Group
Page 55
2/2/2022
Property Summary Report
627 E 11 Mile RdRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1987
Year Renov 1997
RBA 7,284 SF
Stories 1
Typical Floor 7,284 SF
Construction Wood Frame
LAND
Land Acres 0.47 AC
Zoning BI
Parcel 25-15-383-039
EXPENSES
Taxes $3.07/SF (2020)
SPACE FEATURES
• Central Heating • Drop Ceiling
FOR LEASE
Smallest Space
4,538 SF
Max Contigu-ous
4,538 SF
# of Spaces 1
Vacant 4,538 SF
% Leased 37.7%
Rent $18.00
Service Type Triple Net
Office/Med Avail
4,538 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 110 Off/Med Direct 4,538 4,538 4,538 $18.00/NNN Vacant Negotiable
Elias Herish
Turn Key Medical Office with Frontage on E 11 Mile Road (24K VPD)Adequate Parking ( Front & Back).Close Proximity to Downtown, The Zoo, Beaumont, City Hall, Highways, Community Colleges, and The Airport.Triple (NNN) Net Lease comes equipped with Furniture, Computers, Desks, TV's, Conference Tables, Traction Tables.Tenant Responsible for Base Rent + Prorata Share of Monthly expenses.
Copyrighted report licensed to CoStar Group
Page 56
2/2/2022
Property Summary Report
627 E 11 Mile RdRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
Sold Price $700,000 ($96.10/SF)
Date Sep 2012
Sale Type Investment
Financing 1st Mortgage
Bal/Pmt: $466,000/-
TRANSPORTATION
Parking 27 available (Surface);Ratio of 3.13/1,000 SF
Airport 20 min drive to Detroit City Airport
Walk Score® Very Walkable (75)
PROPERTY CONTACTS
Primary Leasing Company Elias Herish
42140 Van Dyke Ave
Sterling Heights, MI 48314
(586) 453-5682 (p)
True Owner Krans Management
333 W 7th St
Royal Oak, MI 48067
(734) 674-0038 (p)
Recorded Owner Krans Rehab Llc
627 11 Mile
Royal Oak, MI 48067
Previous True Owner Cromwell Communications Corpora-tion
627 11 Mile Rd
Royal Oak, MI 48067
(248) 548-5890 (p)
True Owner Krans Rehab, LLC
627 E 11 Mile Rd
Royal Oak, MI 48067
(248) 721-9938 (p)
Recorded Owner Krans Rehab, LLC
627 E 11 Mile Rd
Royal Oak, MI 48067
(248) 721-9938 (p)
Recorded Owner Krans Rehab Llc
627 11 Mile
Royal Oak, MI 48067
Property Manager Cromwell Communications Corpora-tion
627 11 Mile Rd
Royal Oak, MI 48067
(248) 548-5890 (p)
Copyrighted report licensed to CoStar Group
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2/2/2022
Property Summary Report
2140 E 12 Mile Rd - Outlot BRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Retail Storefront
Tenancy Multi
Year Built 2018
GLA 9,000 SF
Stories 1
Typical Floor 9,000 SF
Docks None
Construction Masonry
LAND
Parcel 25-14-126-007
TENANTSPetrous Orthodontics 2,600 SF
Petrous Orthodontics 1,630 SF
Great Clips 1,800 SF
SPACE FEATURES
• Corner Lot • Drive Thru
• Pylon Sign • Signage
FOR LEASE
Smallest Space
3,650 SF
Max Contigu-ous
3,650 SF
# of Spaces 1
Vacant 3,650 SF
% Leased 100.0%
Rent $30.00
Service Type Triple Net
Office/Med Avail
3,650 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Med Sublet 3,650 3,650 3,650 $30.00/NNN Vacant Negotiable
CBRE, Inc.
SALE
For Sale Price Not Disclosed
Sale Type Investment
Status Active
TRAFFIC & FRONTAGE
Traffic Volume 38,949 on W 12 Mile Rd & Stephen-son Hwy E (2018)
34,755 on W 12 Mile Rd & Stephen-son Hwy W (2018)
Frontage 244' on E. 12 Mile Rd
241' on N. Edgeworth AveMade with TrafficMetrix® Products
Copyrighted report licensed to CoStar Group
Page 58
2/2/2022
Property Summary Report
2140 E 12 Mile Rd - Outlot BRoyal Oak, MI 48067 - Royal Oak Submarket
TRANSPORTATION
Walk Score® Somewhat Walkable (68)
PROPERTY CONTACTS
Primary Leasing Company Keystone Commercial Real Estate
31000 Northwestern Hwy
Farmington Hills, MI 48334
(248) 356-8000 (p)
(248) 353-7991 (f)
True Owner GREGORY J ERNE
326 East 4th St
Royal Oak, MI 48067
(248) 380-9477 (p)
Sales Company CRE Development
100 W Long Lake Rd
Bloomfield Hills, MI 48304
(248) 586-4130 (p)
(248) 549-2068 (f)
BUILDING NOTES
. New Retail Development, Q4 2016 Delivery
. Join New Kroger Marketplace (Kroger’s Newest and Largest Footprint) Development Consisting of a GLA of 140,094 Sq. Ft.
. Located at the SW Corner of 12 Mile and Stephenson Hwy
. 2,130 Sq. Ft. Endcap Available
. Close Proximity to I-75 and I-696
. Excellent Opportunity for Retail, Office or Medical Use
SALE HIGHLIGHTS
• High traffic location
• High volume Kroger store
• Right off of I-75 entrance/exit ramp
Copyrighted report licensed to CoStar Group
Page 59
2/2/2022
Property Summary Report
1026 W Eleven Mile RdRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1950
Year Renov 2007
RBA 11,175 SF
Stories 2
Typical Floor 5,588 SF
Construction Masonry
LAND
Land Acres 1.14 AC
Zoning BI
Parcel 25-16-380-032
EXPENSES
Taxes $2.31/SF (2020)
SPACE FEATURES
• 24 Hour Access • Air Conditioning
• Bio-Tech/ Lab Space • Bus Line
• Central Heating • Controlled Access
• High Ceilings • Kitchen
• Monument Signage • Natural Light
• Partitioned Offices • Signage
FOR LEASE
Smallest Space
3,195 SF
Max Contigu-ous
3,195 SF
# of Spaces 1
Vacant 3,195 SF
% Leased 71.4%
Rent $23.00
Service Type Triple Net
Office/Med Avail
3,195 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st B Off/Med Direct 3,195 3,195 3,195 $23.00/NNN Vacant Negotiable
L. Mason Capitani, Inc.
Move-in ready medical office. Prime location a few blocks from Downtown Royal Oak. Features include expansive parking, direct suite entry, dedicated HVAC and high visibility signage.
Copyrighted report licensed to CoStar Group
Page 60
2/2/2022
Property Summary Report
1026 W Eleven Mile RdRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
Sold Price Not Disclosed
Date Nov 2019
Sale Type Investment
Financing 1st Mortgage
Bal/Pmt: $1,075,000/-
TRANSPORTATION
Parking 37 available (Surface);Ratio of 3.31/1,000 SF
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (76)
TENANTSBrentwood Real Estate, L.L.C 2,885 SF
Relationship Counseling Ctr 300 SF
I M Pediatrics 1,200 SF
Wills & Trusts Now -
PROPERTY CONTACTS
Primary Leasing Company L. Mason Capitani, Inc.
2301 W Big Beaver Rd
Troy, MI 48084
(248) 637-9700 (p)
(248) 637-9897 (f)
Recorded Owner 1026 West Eleven Llc
326 E 4th St
Royal Oak, MI 48067
Previous True Owner Great Plans Adventure
1026 11 Mile Rd
Royal Oak, MI 48067
True Owner Versa Development
326 E 4th St
Royal Oak, MI 48067
(248) 996-1081 (p)
(248) 856-3173 (f)
Previous True Owner Contracting Resources
8273 Grand River Rd
Brighton, MI 48114
(810) 229-4320 (p)
(810) 229-4371 (f)
Property Manager Contracting Resources
8273 Grand River Rd
Brighton, MI 48114
(810) 229-4320 (p)
(810) 229-4371 (f)
BUILDING NOTES
*Available for Lease or Sale, perfect owner user setting with income stream.*Current law office suite available with six (6) private offices, admin area and impressing conference room with fireplace.*Great street presence and abundant parking.*Negotiable rate and terms.
Copyrighted report licensed to CoStar Group
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2/2/2022
Property Summary Report
505 S Lafayette AveRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1966
RBA 4,000 SF
Stories 1
Typical Floor 4,000 SF
Construction Masonry
LAND
Land Acres 0.15 AC
Zoning BI
Parcel 25-21-277-001
EXPENSES
Taxes $4.33/SF (2020)
FOR LEASE
Smallest Space 4,000 SF
Max Contiguous 4,000 SF
# of Spaces 1
Vacant 4,000 SF
% Leased 0%
Rent $25.00
Service Type Triple Net
Office Avail 4,000 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
E 1st Office Direct 4,000 4,000 4,000 $25.00/NNN Vacant Negotiable
Landmark Commercial RE Services
505 South Lafayette Avenue boasts a premiere Downtown Royal Oak location in close proximity to many dining, retail, and entertainment establishments. The property benefits from onsite parking as well as the South Lafayette parking garage located directly across the street in the heart of southeast Michigan’s most walkable community. Royal Oak is Metro Detroit’s most central location, minutes from I-696, I-75 and M-1 (Woodward Avenue). Please contact us to discuss your specific requirements.
NNN EXPENSE:$5.00/SF
AVAILABLE SPACE:4,000 SF (Potential for Expansion)
Copyrighted report licensed to CoStar Group
Page 62
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Property Summary Report
505 S Lafayette AveRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
Sold Price Not Disclosed
Date Mar 2019
TRANSPORTATION
Parking 6 available (Surface);Ratio of 1.79/1,000 SF
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (86)
TENANTSThe Simone Vitale Band -
PROPERTY CONTACTS
Primary Leasing Company Landmark Commercial RE Services
30500 Northwestern Hwy
Farmington Hills, MI 48334
(248) 488-2620 (p)
(248) 488-2661 (f)
Recorded Owner Akouri Group Of Royal Oak Llc
6442 Nadine Ln
West Bloomfield, MI 48322
Copyrighted report licensed to CoStar Group
Page 63
2/2/2022
Property Summary Report
909 N Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Single
Year Built 1937
RBA 1,094 SF
Stories 1
Typical Floor 1,094 SF
Construction Wood Frame
LAND
Land Acres 0.19 AC
Zoning Neighborhood Business
Parcel 25-16-427-036
EXPENSES
Taxes $4.98/SF (2020)
SPACE FEATURES
• Bus Line • Signage
FOR LEASE
Smallest Space
1,094 SF
Max Contigu-ous
1,094 SF
# of Spaces 1
Vacant 1,094 SF
% Leased 0%
Rent $35.65
Service Type Plus All Utilities
Office Avail 1,094 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 1,094 1,094 1,094 $35.65/+UTIL Vacant Negotiable
Van Esley Real Estate
$3,250.00 per month plus utilities. Location! Location! Location! Completely remodeled, 1,094 sq ft free-standing building with an additional 850 sq ft finished basement, that is ready for immediate occupancy in the heart of Downtown Royal Oak. This is in the Neighborhood Business Zone. The main floor has on open concept with a gas fireplace, two large rooms, a private office and a bathroom with a shower. There is also a large covered front porch for you or your clients to relax on. The basement is completely finished with a kitchen/lunch area with a refrigerator and dishwasher. It also has a conference room, a private office and two bathrooms. There is also an open area for a bank of cubicles. Upstairs there is an area that can be used for additional storage. It has it's own parking lot as well that hold approximately 8 cars. This would be a great location for an attorney, a financial planner, a beautician, a real estate office. Call David Misko for further information at 248-207-7388. All information is estimated and should be verified.
Copyrighted report licensed to CoStar Group
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Property Summary Report
909 N Main StRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
Sold Price $260,000 ($237.66/SF)
Date Jun 2009
TRANSPORTATION
Parking 8 available (Surface);Ratio of 7.31/1,000 SF
Airport 23 min drive to Detroit City Airport
Walk Score® Very Walkable (82)
TENANTSHoover & Associates 2,188 SF
PROPERTY CONTACTS
Primary Leasing Company Van Esley Real Estate
44675 Joy Rd
Canton, MI 48187
(734) 459-7570 (p)
(734) 459-4959 (f)
Recorded Owner Apataki Partners LLC
31490 Bellvine
Beverly Hills, MI 48025
Previous True Owner International Bancard Corporation
909 N Main St
Royal Oak, MI 48067
(248) 548-9800 (p)
True Owner JENNIFER A. HOOVER
31490 E Bellvine Trl
Beverly Hills, MI 48025
(248) 645-1570 (p)
Recorded Owner Apataki Partners, LLC
31490 E Bellvine Trl
Beverly Hills, MI 48025
BUILDING NOTES
Excellent Main Street exposure.
Copyrighted report licensed to CoStar Group
Page 65
2/2/2022
Property Summary Report
106-110 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1925
Year Renov 2002
RBA 11,498 SF
Stories 2
Typical Floor 5,749 SF
Construction Masonry
LAND
Land Acres 0.16 AC
Zoning BC
Parcel 16-10-426-011
EXPENSES
Taxes $0.36/SF (2020)
SPACE FEATURES
• Signage
FOR LEASE
Smallest Space
1,585 SF
Max Contigu-ous
1,585 SF
# of Spaces 1
Vacant 1,585 SF
% Leased 86.2%
Rent $22.00
Service Type Modified Gross
CAM Withheld
Office Avail 1,585 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd C Office Direct 1,585 1,585 1,585 $22.00/MG Vacant Negotiable
Gerdom Realty & Investment
2nd floor office space
Copyrighted report licensed to CoStar Group
Page 66
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Property Summary Report
106-110 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
Sold Price $3,075,000 ($267.44/SF)
Date Mar 2018
Sale Type Investment
Cap Rate 7.00%
TRANSPORTATION
Airport 21 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (90)
TENANTSOctane Design 1,700 SF
Bean And Leaf Cafe 500 SF
Dish Net -
Yoga Shelter Royal Oak -
kVA 575 SF
Leo's Coney Island 57 SF
Mechanic Career Now -
PROPERTY CONTACTS
Primary Leasing Company Gerdom Realty & Investment
640 Griswold St
Northville, MI 48167
(248) 242-6766 (p)
(866) 301-9543 (f)
Recorded Owner SNZR Properties LLC
4032 Pontiac Trl
Orchard Lake, MI 48323
(248) 438-6014 (p)
True Owner Sadeer Daood
4032 Pontiac Trl
Orchard Lake, MI 48323
(248) 438-6014 (p)
Previous True Owner Jon A Carlson
3075 Charlevoix Dr SE
Grand Rapids, MI 49546
(734) 604-0977 (p)
BUILDING NOTES
This 1,585 SF, 2nd floor office space is located in the heart of downtown Royal Oak. Enjoy walking to downtown shops, restaurants and entertainment venues right from your office! The space has a modern look with exposed brick, wood floors, kitchenette, high ceilings and great light given by the windows and skylight. Common area bathrooms mean that there is no cleaning necessary by the tenant. There is plenty of available parking in the city and city lots are always free for the first two hours. Easy access from both I-75 and I-696 is convenient for both employees and clients.
Copyrighted report licensed to CoStar Group
Page 67
2/2/2022
Property Summary Report
112 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Retail Storefront Retail/Office
Tenancy Multi
Year Built 2008
GLA 7,700 SF
Stories 2
Typical Floor 3,850 SF
Docks None
Construction Masonry
LAND
Land Acres 0.10 AC
Zoning BI
EXPENSES
Taxes $7.64/SF (2020)
PARCEL
25-04-229-035, 25-21-231-015
TENANTSBlaze Pizza 3,662 SF Dara LLC -
SPACE FEATURES
• Signage
FOR LEASE
Smallest Space
2,000 SF
Max Contigu-ous
3,662 SF
# of Spaces 1
Vacant 3,662 SF
% Leased 52.4%
Rent $23.50
Service Type Modified Gross
CAM Withheld
Office/Ret Avail
3,662 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
Copyrighted report licensed to CoStar Group
Page 68
2/2/2022
Property Summary Report
112 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd Off/Ret Direct 2,000 - 3,662 3,662 3,662 $23.50/MG Vacant Negotiable
Signature Associates
Incredible downtown Royal Oak location. Office or retail use. Wide open floor plan with exposed ceilings and lots of naturallight. 500 sq. ft. patio included in rear of suite. Two stairways to access the suite plus an elevator. Signage Available.
TRAFFIC & FRONTAGE
Traffic Volume 19,484 on S Main St & E 2nd St S (2016)
21,036 on E 11 Mile Rd & Williams St E (2018)
Frontage 40' on Main St
Made with TrafficMetrix® Products
TRANSPORTATION
Airport 21 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (90)
PROPERTY CONTACTS
Primary Leasing Company Signature Associates
One Towne Sq
Southfield, MI 48076
(248) 948-9000 (p)
(248) 948-9015 (f)
Recorded Owner Leo Stassinopoulos
4794 Tully Rd
Bloomfield Hills, MI 48302
(248) 349-6658 (p)
True Owner Leo Stassinopoulos
4794 Tully Rd
Bloomfield Hills, MI 48302
(248) 349-6658 (p)
Copyrighted report licensed to CoStar Group
Page 69
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Property Summary Report
300-304 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1927
RBA 19,780 SF
Stories 2
Typical Floor 9,890 SF
Construction Masonry
LAND
Land Acres 0.23 AC
Zoning BI
Parcel 15-14-103-011
EXPENSES
Taxes $0.49/SF (2020)
SPACE FEATURES
• Bus Line • Signage
FOR LEASE
Smallest Space
2,302 SF
Max Contigu-ous
3,450 SF
# of Spaces 2
Vacant 5,752 SF
% Leased 70.9%
Rent $16.50 - 24.50
Service Type Modified Gross
Office Avail 5,752 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st 201 Office Direct 2,302 2,302 2,302 $24.50/MG Vacant Negotiable
Colliers
Spaces are ideal for general office, medical office, etc.
P 1st 100 Office Direct 3,450 3,450 3,450 $16.50/MG Vacant Negotiable
Colliers
Spaces are ideal for general office, medical office, etc.
TRANSPORTATION
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (81)
Copyrighted report licensed to CoStar Group
Page 70
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Property Summary Report
300-304 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSTRU Design and Marketing 4,565 SF
Ameristar Management 2,778 SF
Thriveworks Adminstrative Services 1,025 SF
13026 Houston Whittier St LLC -
15703 Cruise St LLC -
18433 Faust Ave LLC -
Aub Epil LLC -
Bff Investments LLC -
Detroit 9 LLC -
Family Pigache Leleu LLC -
Gwada 971 LLC -
Have A Cigar R E LLC -
Lakota LLC -
Lulu Houses LLC -
Michema LLC -
Shant Saroukhanian -
Thuin Family LLC -
Starbucks 3,866 SF
Freshii 2,166 SF
11243 Landsdowne LLC -
14941 Fairmount Dr LLC -
15866 Woodingham LLC -
Appoline Residences LLC -
B & N Story LLC -
Cortellodie LLC -
Ete Indien LLC -
Gallo Properties LLC -
H Dominguez Invest LLC -
Jacky Invest LLC -
Lilou 13 LLC -
Meyrand LLC -
Rapeutic Rehabilitation -
T G Concept & Co LLC -
USA Chinook LLC -
PROPERTY CONTACTS
Primary Leasing Company Colliers
2 Corporate Dr
Southfield, MI 48076
(248) 540-1000 (p)
(248) 540-1038 (f)
Recorded Owner Royal Oak LLC
220 S Main St
Royal Oak, MI 48067
True Owner Bright Ideas
300-302 S Main St
Royal Oak, MI 48067
(248) 541-0374 (p)
BUILDING NOTES
Excellent Retail Exposure in Downtown Royal OakS. Main Street / 3rd Street LocationAdjacent to Starbucks
Copyrighted report licensed to CoStar Group
Page 71
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Property Summary Report
1037-1041 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1914
RBA 25,995 SF
Stories 3
Typical Floor 8,665 SF
Core Factor 10%
Construction Masonry
LAND
Land Acres 0.37 AC
Zoning MU2,Royal Oak
Parcel 25-22-303-006
EXPENSES
Taxes $2.50/SF (2020)
FOR LEASE
Smallest Space 4,165 SF
Max Contiguous 9,100 SF
# of Spaces 2
Vacant 10,600 SF
% Leased 65.0%
Rent $28.00
Service Type Plus Electric
CAM $28.00/SF
Office Avail 18,200 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd Office Direct 4,165 - 9,100 9,100 9,100 $28.00/+ELEC Vacant Negotiable
CBRE, Inc.
P 3rd 300 Office Direct 9,100 9,100 9,100 $28.00/+ELEC 30 Days Negotiable
CBRE, Inc.
Copyrighted report licensed to CoStar Group
Page 72
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Property Summary Report
1037-1041 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
Sold Price $2,700,000 ($103.87/SF)
Date Oct 2005
Sale Type Owner User
Financing 1st Mortgage: Not Available
TRANSPORTATION
Parking 42 available (Surface);Ratio of 1.61/1,000 SF
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (85)
TENANTSZMC Medical Center 7,155 SF
ZMC Pharmacy 3,000 SF
P La Salon 500 SF
Hearst Autos 4,000 SF
Milagro Post 500 SF
PROPERTY CONTACTS
Primary Leasing Company CBRE, Inc.
2000 Town Center
Southfield, MI 48075
(248) 353-5400 (p)
(248) 353-8134 (f)
Recorded Owner Elpam Llc
1179 Maplelawn Dr
Troy, MI 48084
True Owner Atnas Properties,LLC
530 Vinewood Dr
Birmingham, MI 48009
(248) 884-2270 (p)
BUILDING NOTES
Completely renovated loft building originally built in 1917. A lot of character with modern day amentities. Main Street address. Conveniently located just off I-696, Medical space available on 2nd floor.
Copyrighted report licensed to CoStar Group
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Property Summary Report
3400 Rochester RdRoyal Oak, MI 48073 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Single
Year Built 1932
Year Renov 2003
RBA 2,417 SF
Stories 1
Typical Floor 2,417 SF
Construction Masonry
LAND
Land Acres 0.16 AC
Zoning BI
Parcel 25-03-378-003
EXPENSES
Taxes $2.23/SF (2020)
FOR LEASE
Smallest Space 2,417 SF
Max Contiguous 2,417 SF
# of Spaces 1
Vacant 0 SF
% Leased 100.0%
Rent $18.00
Service Type Triple Net
Office Avail 2,417 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 2,417 2,417 2,417 $18.00/NNN 30 Days Negotiable
Signature Associates
Unique freestanding building with on-site parking lot.
SALE
For Sale $424,000 ($175.42/SF)
Sale Type Owner User
Status Active
TRANSPORTATION
Parking 7 available (Surface);Ratio of 2.90/1,000 SF
Airport 24 min drive to Detroit City Airport
Walk Score® Somewhat Walkable (52)
Copyrighted report licensed to CoStar Group
Page 74
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Property Summary Report
3400 Rochester RdRoyal Oak, MI 48073 - Royal Oak Submarket
PROPERTY CONTACTS
Primary Leasing Company Signature Associates
One Towne Sq
Southfield, MI 48076
(248) 948-9000 (p)
(248) 948-9015 (f)
Recorded Owner Kinetic Properties Llc
2172 Osprey Dr
Ypsilanti, MI 48197
Sales Company Signature Associates
One Towne Sq
Southfield, MI 48076
(248) 948-9000 (p)
(248) 948-9015 (f)
Copyrighted report licensed to CoStar Group
Page 75
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Property Summary Report
3425 Starr RdRoyal Oak, MI 48073 - Troy Area West Submarket
BUILDING
Type 2 Star Industrial Manufacturing
Tenancy Multi
Year Built 1927
Year Renov 2016
RBA 25,317 SF
Stories 1
Typical Floor 25,317 SF
Ceiling Ht 22'
Construction Masonry
LAND
Land Acres 1.95 AC
Zoning BI
Parcel 25-06-476-002
EXPENSES
Taxes $1.85/SF (2020)
LOADING
Docks None
Cranes None
Drive Ins 6 tot./10' w x 12' h
Rail Spots None
POWER & UTILITIES
Power 1,000a/480v 3p Heavy
FOR LEASE
Smallest Space 8,000 SF
Max Contiguous 8,000 SF
# of Spaces 1
Vacant 8,000 SF
% Leased 68.4%
Rent $18.00
Service Type Triple Net
Office/Med Avail 8,000 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
Copyrighted report licensed to CoStar Group
Page 76
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Property Summary Report
3425 Starr RdRoyal Oak, MI 48073 - Troy Area West Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Off/Med Direct 8,000 8,000 8,000 $18.00/NNN Vacant Negotiable
Friedman Real Estate
For lease: up to 8,000 SF of medical or industrial/flex spaceJoin DaVita Dialysis and Michigan Kidney CenterMultiple uses considered, ranging from light industrial to medicalSituated just north of 13 Mile Rd on the eastside of WoodwardLocated less than a mile from Royal Oak Beaumont HospitalWarehouse is both heated and air conditioned4 overhead garage doors with ample ceiling height throughoutAsking lease rate: $18/ SF NNN
SALE
Sold Price $800,000 ($31.60/SF)
Date Jan 2013
Sale Type Investment
TRANSPORTATION
Parking 29 available (Surface);Ratio of 1.15/1,000 SF
Airport 28 min drive to Detroit City Airport
Walk Score® Somewhat Walkable (61)
TENANTSDaVita Kidney Care 8,112 SF DaVita Kidney Care 7,000 SF
PROPERTY CONTACTS
Primary Leasing Company Basha Diagnostics, P.C.
30701 Woodward Ave
Royal Oak, MI 48073
(248) 288-1600 (p)
(248) 288-2171 (f)
True Owner Basha Diagnostics, P.C.
30701 Woodward Ave
Royal Oak, MI 48073
(248) 288-1600 (p)
(248) 288-2171 (f)
Previous True Owner P&I Group
414 S Main St
Ann Arbor, MI 48104
(734) 302-4800 (p)
(734) 302-4802 (f)
Leasing Company Friedman Real Estate
34975 W 12 Mile Rd
Farmington Hills, MI 48331
(248) 324-2000 (p)
(248) 848-4141 (f)
Recorded Owner Starrwood Building Llc
1886 W Auburn Rd
Rochester Hills, MI 48309
Copyrighted report licensed to CoStar Group
Page 77
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Property Summary Report
26622 Woodward AveRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built 1987
RBA 26,072 SF
Stories 2
Typical Floor 12,517 SF
Construction Reinforced Concrete
LAND
Land Acres 1.16 AC
Zoning OS, Royal Oak
Parcel 25-21-128-010
EXPENSES
Taxes $2.49/SF (2020)
SPACE FEATURES
• Property Manager on Site
FOR LEASE
Smallest Space
2,077 SF
Max Contigu-ous
2,077 SF
# of Spaces 1
Vacant 2,077 SF
% Leased 92.0%
Rent $22.00
Service Type Plus Electric
Office Avail 2,077 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 200-A Office Direct 2,077 2,077 2,077 $22.00/+ELEC Vacant 3 - 10 Years
Team CORE, LLC
SALE
Sold Price $2,800,000 ($107.39/SF)
Date Mar 2006
Sale Type Owner User
Financing 1st Mortgage: LaSalle Bank
Bal/Pmt: $2,875,000/-
TRANSPORTATION
Parking 15 available (Covered);85 available (Surface);Ratio of 3.99/1,000 SF
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (75)
Copyrighted report licensed to CoStar Group
Page 78
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Property Summary Report
26622 Woodward AveRoyal Oak, MI 48067 - Royal Oak Submarket
TENANTSMcNish Group Inc. 11,000 SF
Alta Vista Technology LLC 2,229 SF
Grifo and Company, PLLC 794 SF
Society For New Approaches -
Fildew Hinks, PLLC 4,662 SF
David Duffy & Co 1,390 SF
Pure Business Process 450 SF
PROPERTY CONTACTS
Primary Leasing Company Team CORE, LLC
691 N Squirrel Rd
Auburn Hills, MI 48326
(248) 710-8000 (p)
Recorded Owner 26622 Woodward Llc
26622 Woodward Ave
Royal Oak, MI 48067
Property Manager Team CORE, LLC
691 N Squirrel Rd
Auburn Hills, MI 48326
(248) 710-8000 (p)
True Owner McNish Group Inc.
26622 Woodward Ave
Royal Oak, MI 48067
(248) 544-4800 (p)
(248) 544-4801 (f)
Developer Pulte Homes of Michigan
(248) 544-6155 (p)
BUILDING NOTES
Highly visibleEasy access to I-696 covered parking
Copyrighted report licensed to CoStar Group
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Property Summary Report
27844-27880 Woodward Ave - South BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Retail Freestanding (Neigh-borhood Center)
Tenancy Multi
Year Built 1956
GLA 28,941 SF
Stories 1
Typical Floor 28,941 SF
Docks None
Construction Reinforced Concrete
LAND
Land Acres 2.17 AC
Zoning B-1/M-2, Royal Oak
Parcel 25-17-429-007
EXPENSES
Taxes $6.43/SF (2020)
TENANTS• Trader Joe's 11,300 SF
Ross Mortgage Corporation 8,377 SF
ULTA Beauty 11,161 SF
Woodward Avenue Action Associa-tion
-
• Anchor
SPACE FEATURES
• Air Conditioning • Pylon Sign
• Signage
FOR LEASE
Smallest Space
8,377 SF
Max Contigu-ous
8,377 SF
# of Spaces 2
Vacant 0 SF
% Leased 100.0%
Rent $22.50
Service Type Triple Net
Office Avail 8,377 SF
Retail Avail 8,377 SF
Total Avail 16,754 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
Copyrighted report licensed to CoStar Group
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Property Summary Report
27844-27880 Woodward Ave - South BuildingRoyal Oak, MI 48067 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 8,377 8,377 8,377 $22.50/NNN 30 Days Negotiable
Colliers
- Modern Office Space Opportunity in Royal Oak- Terrific Woodward Signage- Modern, Open, Collaborative, High Ceiling Space- Combination of Offices and Workstations- Woodward Avenue Traffic Counts - 59,000 VPD
SALE
Sold Price $2,250,000 ($77.74/SF)
Date May 2000
Sale Type Investment
Financing 1st Mortgage: Not Available
TRAFFIC & FRONTAGE
Traffic Volume 9,285 on Catalpa Dr & Woodward Ave W (2018)
96,071 on Woodward Ave & Sunset Blvd SE (2018)
Frontage 327' on Woodward Ave (with 3 curb cuts)
Made with TrafficMetrix® Products
TRANSPORTATION
Parking 255 available (Surface);Ratio of 3.57/1,000 SF
Airport 24 min drive to Detroit City Airport
Walk Score® Somewhat Walkable (67)
PROPERTY CONTACTS
Primary Leasing Company Lee & Associates Commercial Real Estate Service
26555 Evergreen Rd
Southfield, MI 48076
(248) 351-3500 (p)
(248) 351-3508 (f)
True Owner Berman Company
5138 Village Commons Dr
West Bloomfield, MI 48322
(248) 626-6371 (p)
Leasing Company Colliers
2 Corporate Dr
Southfield, MI 48076
(248) 540-1000 (p)
(248) 540-1038 (f)
Recorded Owner Berman Company
5138 Village Commons Dr
West Bloomfield, MI 48322
(248) 626-6371 (p)
BUILDING NOTES
City of Royal Oak.
Copyrighted report licensed to CoStar Group
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Property Summary Report
28454-28478 Woodward AveRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Tenancy Multi
Year Built 1954
RBA 6,594 SF
Stories 1
Typical Floor 6,594 SF
Construction Masonry
LAND
Land Acres 0.31 AC
Zoning BI
EXPENSES
Taxes $4.27/SF (2020)
PARCEL
25-17-276-003, 25-17-276-021
FOR LEASE
Smallest Space
6,594 SF
Max Contigu-ous
6,594 SF
# of Spaces 1
Vacant 6,594 SF
% Leased 0%
Rent $30.00
Service Type Net
Office Avail 6,594 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 6,594 6,594 6,594 $30.00/N Vacant Negotiable
Gershenson Group
Copyrighted report licensed to CoStar Group
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Property Summary Report
28454-28478 Woodward AveRoyal Oak, MI 48067 - Royal Oak Submarket
SALE
For Sale $3,000,000 ($454.96/SF)
Sale Type Investment or Owner User
Status Active
Last Sale
Sold Price $617,500 ($93.65/SF)
Date Jan 2015
Sale Type Owner User
TRANSPORTATION
Parking 25 available (Surface);Ratio of 3.60/1,000 SF
Airport 24 min drive to Detroit City Airport
Walk Score® Very Walkable (72)
TENANTSM.C.H. LLC 2,000 SF
1260 Library St Llc -
Hospital Food Enterprises -
Stonefield 600 SF
Curis Co -
New Center Restaurant Llc -
PROPERTY CONTACTS
Primary Leasing Company Gershenson Group
5028 Oakwood Ct
Commerce Township, MI 48382
(248) 417-3913 (p)
True Owner Moschouris Management LLC
28454 Woodward Ave
Royal Oak, MI 48067
(313) 202-2300 (p)
Previous True Owner Nikolaos Moschouris
16012 E Seven Mile Rd
Detroit, MI 48205
(586) 774-1510 (p)
Sales Company Gershenson Group
5028 Oakwood Ct
Commerce Township, MI 48382
(248) 417-3913 (p)
Recorded Owner 28454 Woodward Partners Llc
28454 Woodward Ave
Royal Oak, MI 48067
Previous True Owner Lawrence C Fogliatti
Copyrighted report licensed to CoStar Group
Page 83
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Property Summary Report
32121 Woodward Ave - Balmoral CentreRoyal Oak, MI 48073 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
Year Built Mar 2006
Year Renov 2011
RBA 52,000 SF
Stories 4
Typical Floor 13,000 SF
Construction Masonry
LAND
Land Acres 1.19 AC
Zoning Commercial
Parcel 25-06-251-017
EXPENSES
Taxes $3.28/SF (2020)
SPACE FEATURES
• Bus Line • Signage
FOR LEASE
Smallest Space
2,437 SF
Max Contigu-ous
2,437 SF
# of Spaces 1
Vacant 2,437 SF
% Leased 95.3%
Rent $21.50
Service Type Triple Net
CAM Withheld
Office Avail 2,437 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 3rd 325 Office Direct 2,437 2,437 2,437 $21.50/NNN Vacant 5 Years
Colliers
TRANSPORTATION
Parking 156 available (Surface);57 available (Covered);Ratio of 4.10/1,000 SF
Airport 27 min drive to Detroit City Airport
Walk Score® Somewhat Walkable (67)
Copyrighted report licensed to CoStar Group
Page 84
2/2/2022
Property Summary Report
32121 Woodward Ave - Balmoral CentreRoyal Oak, MI 48073 - Royal Oak Submarket
TENANTSKickham Hanley P.C. 5,500 SF
Kuderik & Associates Pllc 2,900 SF
Nationwide Foot & Ankle Care, PC 2,500 SF
Bob Madgett Realtor 500 SF
Gupta Enterprise Center 2,950 SF
Renal Redux 2,900 SF
International Cryogenics Inc 1,350 SF
Team Ripinski -
PROPERTY CONTACTS
Primary Leasing Company Colliers
2 Corporate Dr
Southfield, MI 48076
(248) 540-1000 (p)
(248) 540-1038 (f)
Recorded Owner Maedot
5350 Great Fosters
Rochester, MI 48306
(248) 651-7689 (p)
True Owner Beacon Hill Partnership, LLC
5350 Great Fosters
Rochester, MI 48306
(586) 917-5000 (p)
BUILDING NOTES
An architectural trophy that invites business with attention to detail in the common area to dazzle passersby. Intricate molding, pristine marble floors, and unique interior artwork lining the entry way make for top-of-the-line professional ambiance.
Located near the heart of downtown off Woodward and Normandy, just west of the Coolidge Highway.
Copyrighted report licensed to CoStar Group
Page 85
2/2/2022
Property Summary Report
218 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Office
Tenancy Multi
RBA 32,670 SF
Stories 3
Typical Floor 10,890 SF
LAND
Land Acres 0.27 AC
Zoning MU
Parcel 25-21-233-009
EXPENSES
Taxes $0.24/SF (2020)
SPACE FEATURES
• Signage
FOR LEASE
Smallest Space
1,200 SF
Max Contigu-ous
10,000 SF
# of Spaces 2
Vacant 0 SF
% Leased 55.6%
Rent Withheld
Office Avail 10,000 SF
Retail Avail 4,500 SF
Total Avail 14,500 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
E 2nd Office Direct 10,000 10,000 10,000 Withheld Vacant Negotiable
CRE Development
*Available Spring 2017"
New mixed-use development on Main Street in the heart of downtown Royal Oak with convenient access to parking. Approximately 10,900 sq. ft. per floor, totaling 32,670 sq. ft.
TRANSPORTATION
Parking Ratio of 0.76/1,000 SF
Airport 21 min drive to Detroit City Airport
Walk Score® Walker’s Paradise (90)
Copyrighted report licensed to CoStar Group
Page 86
2/2/2022
Property Summary Report
218 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
PROPERTY CONTACTS
Primary Leasing Company CRE Development
100 W Long Lake Rd
Bloomfield Hills, MI 48304
(248) 586-4130 (p)
(248) 549-2068 (f)
Recorded Owner Ethos Properties LLC
541 Monroe
Detroit, MI 48226
(586) 254-9050 (p)
True Owner Ethos Properties LLC
541 Monroe
Detroit, MI 48226
(586) 254-9050 (p)
BUILDING NOTES
New mixed-use development on Main Street in the heart of downtown Royal Oak with convenient access to parking. 2 floors of Office space available for lease. Approximately 10,900 sq.ft. per floor, totaling 32,670 sq. ft. Approximately 4,500 sq.ft. of retail space available on the first floor
Copyrighted report licensed to CoStar Group
Page 87
2/2/2022
Property Summary Report
400 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 3 Star Retail Storefront Retail/Office
Tenancy Multi
Year Built 1925
Year Renov 2007
GLA 9,500 SF
Stories 3
Typical Floor 3,166 SF
Docks None
Construction Masonry
LAND
Land Acres 0.08 AC
Zoning CBD
EXPENSES
Taxes $4.93/SF (2020)
PARCEL
15-14-101-010, 25-21-239-014
TENANTSMedals In Time 3,500 SF
Horse Show World Llc -
Filming In Detroit LLC -
SPACE FEATURES
• Air Conditioning • Bus Line
• Security System • Signage
FOR LEASE
Smallest Space
3,375 SF
Max Contigu-ous
8,975 SF
# of Spaces 1
Vacant 0 SF
% Leased 100.0%
Rent Withheld - CoStar Est.
Office Avail 8,975 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
Copyrighted report licensed to CoStar Group
Page 88
2/2/2022
Property Summary Report
400 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 3rd Office Direct 3,375 - 8,975 8,975 8,975 Withheld 30 Days Negotiable
Keystone Commercial Real Estate
3,375-8,975 SF Available on Main Street in Downtown Royal Oak! Beautiful historic three-story building with a private entrance off 4th street and elevator. Located near 3 parking garages and a bus stop. Excellent visibility on Main Street.
SALE
For Sale Price Not Disclosed
Sale Type Investment or Owner User
Status Active
Last Sale
Sold Price Not Disclosed
Date Dec 2017
Sale Type Investment
TRAFFIC & FRONTAGE
Traffic Volume 15,702 on South Main Street & E 4th St N (2020)
7,195 on S Center St & W 4th St N (2018)
Frontage 102' on 4th St
38' on Main St
Made with TrafficMetrix® Products
TRANSPORTATION
Airport 19 min drive to Detroit City Airport
Walk Score® Very Walkable (81)
PROPERTY CONTACTS
Primary Leasing Company Keystone Commercial Real Estate
31000 Northwestern Hwy
Farmington Hills, MI 48334
(248) 356-8000 (p)
(248) 353-7991 (f)
True Owner Keego Plaza Llc
3231 Orchard Lake Rd
Keego Harbor, MI 48320
Previous True Owner Basco Detroit
607 Shelby St
Detroit, MI 48226
(313) 502-5117 (p)
Sales Company Keystone Commercial Real Estate
31000 Northwestern Hwy
Farmington Hills, MI 48334
(248) 356-8000 (p)
(248) 353-7991 (f)
Recorded Owner 400 South Main Partners Llc
251 E Merrill St
Birmingham, MI 48009
Previous True Owner MIT Real Estate,LLC
400 S Main St
Royal Oak, MI 48067
(248) 582-9344 (p)
BUILDING NOTES
- 2,500 to 9,500 Square Feet Available- Originally Built in 1925 With Extensive Renovations and Modernization Using High End Finishes- Private Entrance Off 4th Street for 3rd Floor Space- Excellent Access to Area Amenities, Shopping and Restaurants- Close Proximity to Municipal Parking
Copyrighted report licensed to CoStar Group
Page 89
2/2/2022
Property Summary Report
400 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
SALE HIGHLIGHTS
• 2,172 SF - 7,101 SF Available Immediately
• Private Entrance Off 4th Street for Third Floor Space
• Proximate to Municipal Parking
Copyrighted report licensed to CoStar Group
Page 90
2/2/2022
Property Summary Report
401-405 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Retail Storefront Retail/Office
Tenancy Multi
Year Built 1917
Year Renov 1994
GLA 9,472 SF
Stories 2
Typical Floor 4,736 SF
Docks None
Construction Masonry
LAND
Land Acres 0.24 AC
Zoning BI
Parcel 25-22-108-011
EXPENSES
Taxes $2.69/SF (2020)
TENANTSAtomic Coffee 6,900 SF
Memory Lane Too -
Ground Up Coffee Co -
SPACE FEATURES
• Bus Line • Signage
FOR LEASE
Smallest Space
1,436 SF
Max Contigu-ous
3,436 SF
# of Spaces 1
Vacant 3,436 SF
% Leased 63.7%
Rent Withheld - CoStar Est.
CAM Withheld
Office Avail 3,436 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd 403 1/2 Office Direct 1,436 - 3,436 3,436 3,436 Withheld Vacant Negotiable
NAI Farbman
Copyrighted report licensed to CoStar Group
Page 91
2/2/2022
Property Summary Report
401-405 S Main StRoyal Oak, MI 48067 - Royal Oak Submarket
TRAFFIC & FRONTAGE
Traffic Volume 15,702 on South Main Street & E 4th St N (2020)
7,195 on S Center St & W 4th St N (2018)
Frontage 40' on 4th St
58' on Main St
Made with TrafficMetrix® Products
TRANSPORTATION
Airport 22 min drive to Detroit City Airport
Walk Score® Very Walkable (89)
PROPERTY CONTACTS
Primary Leasing Company Berridge & Morrison
24200 Woodward Ave
Pleasant Ridge, MI 48069
(248) 543-7960 (p)
(248) 545-6270 (f)
True Owner Dubrow Dennis R
1000 Eton St
West Lafayette, IN 47906
(765) 497-1114 (p)
Leasing Company NAI Farbman
28400 Northwestern Hwy
Southfield, MI 48034
(248) 353-0500 (p)
(248) 353-0501 (f)
Recorded Owner Dubrow Dennis R
1000 Eton St
West Lafayette, IN 47906
(765) 497-1114 (p)
Copyrighted report licensed to CoStar Group
Page 92
2/2/2022
Property Summary Report
910 S Washington AveRoyal Oak, MI 48067 - Royal Oak Submarket
BUILDING
Type 2 Star Office
Year Built 1912
Year Renov 2000
RBA 6,991 SF
Stories 2
Typical Floor 3,496 SF
Construction Wood Frame
LAND
Land Acres 0.25 AC
Zoning BI
Parcel 25-21-427-016
EXPENSES
Taxes $2.13/SF (2020)
FOR LEASE
Smallest Space 6,991 SF
Max Contiguous 6,991 SF
# of Spaces 1
Vacant 6,991 SF
% Leased 0%
Rent Withheld - CoStar Est. Rent $17 - 21 (Office)
Office Avail 6,991 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 6,991 6,991 6,991 Withheld Vacant Negotiable
Team CORE, LLC
SALE
For Sale $1,050,000 ($150.19/SF)
Sale Type Owner User
Status Active
TRANSPORTATION
Parking 13 available (Surface);Ratio of 1.86/1,000 SF
Airport 21 min drive to Detroit City Airport
Walk Score® Very Walkable (86)
Copyrighted report licensed to CoStar Group
Page 93
2/2/2022
Property Summary Report
910 S Washington AveRoyal Oak, MI 48067 - Royal Oak Submarket
PROPERTY CONTACTS
Primary Leasing Company Team CORE, LLC
691 N Squirrel Rd
Auburn Hills, MI 48326
(248) 710-8000 (p)
True Owner Kimberley Tackett
910 S Washington Ave
Royal Oak, MI 48067
(734) 552-7976 (p)
Property Manager Kimberley Tackett
910 S Washington Ave
Royal Oak, MI 48067
(734) 552-7976 (p)
Sales Company Team CORE, LLC
691 N Squirrel Rd
Auburn Hills, MI 48326
(248) 710-8000 (p)
Recorded Owner Royaland Properties Llc
910 S Washington Ave
Royal Oak, MI 48067
Copyrighted report licensed to CoStar Group
Page 94
2/2/2022
Property Summary Report
30122-30148 Woodward AveRoyal Oak, MI 48073 - Royal Oak Submarket
BUILDING
Type 2 Star Retail Storefront Retail/Office
Tenancy Multi
Year Built 1952
GLA 9,900 SF
Stories 2
Typical Floor 4,850 SF
Docks None
LAND
Land Acres 0.13 AC
Zoning BI
Parcel 25-08-177-028
EXPENSES
Taxes $1.26/SF (2020)
TENANTSSynergies 1,800 SF
Synergies Tech -
Prime Ticket -
FOR LEASE
Smallest Space 1,000 SF
Max Contiguous 2,200 SF
# of Spaces 4
Vacant 2,000 SF
% Leased 79.8%
Rent Withheld - CoStar Est. Rent $15 - 18 (Retail)
Office Avail 6,000 SF
AVAILABLE SPACES
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 1st Office Direct 1,800 1,800 1,800 Withheld 30 Days Negotiable
Band Commercial Real Estate Company, LLC
Retail currently occupied by Synergies.
P 1st Office Direct 2,200 2,200 2,200 Withheld 30 Days Negotiable
Band Commercial Real Estate Company, LLC
Second story office with steps. No elevator. (Non-ADA compliance).
Copyrighted report licensed to CoStar Group
Page 95
2/2/2022
Property Summary Report
30122-30148 Woodward AveRoyal Oak, MI 48073 - Royal Oak Submarket
Floor Suite Use Type SF Available Flr Contig Bldg Contig Rent Occupancy Term
P 2nd B Office Direct 1,000 2,000 2,000 Withheld Vacant Negotiable
Band Commercial Real Estate Company, LLC
Second story office with steps. No elevator. (Non-ADA compliance).
P 2nd A Office Direct 1,000 2,000 2,000 Withheld Vacant Negotiable
Band Commercial Real Estate Company, LLC
Second story office with steps. No elevator. (Non-ADA compliance).
SALE
Sold Price $425,000 ($42.93/SF)
Date Oct 1999
Sale Type Investment
Financing Down Payment of $85,000 (20%)
1st Mortgage: Franklin Bank
TRAFFIC & FRONTAGE
Traffic Volume 71,363 on Woodward Ave & Bem-bridge Rd SE (2014)
113,593 on Woodward Ave & Coolidge Hwy NW (2018)
Frontage 55' on Woodward Ave (with 1 curb cuts)
Made with TrafficMetrix® Products
TRANSPORTATION
Airport 26 min drive to Detroit City Airport
Walk Score® Somewhat Walkable (66)
PROPERTY CONTACTS
Leasing Company Band Commercial Real Estate Com-pany, LLC
4521 Patrick Rd
West Bloomfield, MI 48322
(248) 423-1133 (p)
Previous True Owner Band Commercial Real Estate Com-pany, LLC
4521 Patrick Rd
West Bloomfield, MI 48322
(248) 423-1133 (p)
True Owner Band Commercial Real Estate Com-pany, LLC
4521 Patrick Rd
West Bloomfield, MI 48322
(248) 423-1133 (p)
Copyrighted report licensed to CoStar Group