Birmingham Place

Retail-Commercial for Sale
Catylist Listing ID: 29639592
Property Subtypes: Mixed Use, Other
Building Status: Proposed
Building Size (RSF): 107,692 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Investment
Building Name: Birmingham Place
Sale Terms: Undisclosed, Other
Cap Rate: Undisclosed
Last Updated: 7/26/2017

Overview / Comments

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

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Birmingham Area
Tax ID/APN: cpixtax

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,511 101,523 286,000
Median Age: 41.52 42.35 42.23
Households: 7,686 43,930 123,468


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