City-Approved Self-Storage Opportunity | 100,671 SF for Redevelopment on 5.5 Acres

16025 Northland Drive, Southfield, MI

$3,500,000

Price

100,671 sqft

Building Size

5.5 acres

Lot Area

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Street
Map
Overview
Building Size
100,671 sqft
Lot Area
5.5 acres
Class
C
Year Built
1957
Floors
4
Parking Spots
375
Description

16025 Northland Drive offers four stories of high-visibility on a 5.5 acre lot with abundant parking. This property is prime for self-storage conversion and is adjacent to the new $403M Northland City Center mixed-use development, which will bring nearly 1,300 multi-family units to the area .

Phase 1 of the proposed redevelopment includes converting the current building footprint on 3.12 acres into a climate-controlled self-storage facility with extensive landscaping, public art, and bike racks. Phase 2 proposes building a hotel or retail development on the remaining 2.39 acres. The zoning approval for self-storage was granted by the City of Southfield on May 22, 2023.

The exterior of the building has excellent visibility from Northwestern Hwy/M-10 and 8 Mile Road, which creates an ideal building signage opportunity. There is also a large, secure fenced-in parking lot that can accommodate 375 vehicles.


16025 Northland Drive is located at the intersection of Northwestern Hwy/John C Lodge Fwy. and Eight Mile Road in Southfield. This location is convenient to major freeways such as M-10, I-696, and Southfield Freeway and is a short commute to residents in Oak Park, Southfield, Royal Oak, Berkley, and Detroit.

Most importantly, the subject property is across the street from the highly anticipated Northland Center mixed-use development, which will be constructed in two phases. In January 2020, Southfield City Council unanimously approved phase one of the master plan to revitalize this 45-acre site. The mixed-use plan by Contour Companies will essentially be a “city within a city” and will bring large, market-rate housing and retail to this area. Phase One includes over 1,300 housing units, 250 lofts, walkways and landscaped area, parking facilities, and the restoration of the original buildings of the 1954 Northland Center, which will be returned to an outdoor mall environment.

The centerpiece of Northland City Center is the Hudson’s City Market, a redevelopment of the large J.L. Hudson Co. department store into a unique food, entertainment, and home furnishings market that Contour envisions as a regional attraction that, along with the planned residences, will make Northland an attractive and popular place and ensure its success.

Construction is anticipated to begin in Spring, 2021.

Highlights
  • 100,671 SF office building located on 5.5 acres
  • Optimal layout for self-storage conversion
  • Zoning approval was granted by City on May 22. 2023
  • 94,000 views per day
  • Fenced-in, secure parking lot for 375 vehicles
  • Great opportunity for building signage/exposure
  • Adjacent to the $403M Northland City Center mixed-use development
  • Quick access to major freeways
  • Population of 143,871 within 3 miles of the property
Location
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