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Southfield, MI
Lender Owned Absolute Auction
95,388 +/- SF Office Building

Auction Date / Time:
06/16/2010 @ 12:00 PM EST

Property & Auction Location:
26500 Northwestern Highway
Southfield, MI 48034

Property Number:
TAA-1016

Inspection Dates:
June 10th & 16th
10:00 AM to 12:00 PM

Contact:
Tranzon Bippus,
Tranzon Asset Advisors
Vance Luksetich (618) 830-9091 vancel@tranzon.com

4 Story Office Building – Selling Absolute Regardless of Price

26500 Northwestern Highway, Southfield, MI 48034

  • Excellent Location and access in the Heart of Southfield’s Office Market!
  • Exceptional Visibility and easy to find
  • Quick access to I-696 Freeway, John C. Lodge Freeway (MI 10) and Northwestern Hwy
  • Currently vacant with 80% of interior walls and floorings removed
  • Ready for Tenant Improvements
  • Ideal for Multiple Tenants or Single Tenant
  • 95,388 Sq. Ft +/- Office Building
  • Built in 1969 on 4.046 Acres +/-
  • Building Exterior painted in 2007
  • Lobby Renovations completed in 1999
  • Covered Entry on the east side
  • 373 Parking Spaces, includes12 Covered spaces on the east side
  • Traffic Flows easily to and from property with Five Ingress/Egress Points
    • 2 on Northwestern Hwy, 2 on Coral Gables and 1 on Lahser Rd
  • Three Passenger Elevators
  • Fire Suppression – Wet Pipe System throughout
  • Back-Up Generator
  • 2010 Market Value = $6,073,640 per City of Southfield Assessing Department
  • 2010 Assessed Value = $3,036,820 = 50% of Market Value
  • Zoned B-3 General Business District
  • HVAC – The building is heated with natural gas-forced air furnaces and cooled by rooftop air conditioning units with interior air handlers
Tranzon Bippus and John Bippus, MI Auctioneer/Broker




www.tranzon.com

Agency Disclosure: Brokers are acting as auctioneer/agent for the Seller only. Information contained herein is believed to be correct to the best of agent's/auctioneer's knowledge but is subject to inspection and verification by all parties relying on it. Seller's, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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