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1750 Summit Drive

Off-Market

1750 Summit Drive, Auburn Hills, MI 48326

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  • Property Type Industrial - Manufacturing
  • Property Size 236,806 Sqft
  • Lot Size 12.17 Acre
  • Parking Spaces Avail. 236
  • Parking Ratio 1.00/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class A
  • Year Built 2001

Location

  • City Auburn Hills, MI
  • Neighborhood Auburn Hills
  • Zip Code 48326
  • Market Detroit

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 10 Aug, 2017
  • Purchase Price $25,101,000
  • Arm's Length
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date

Market Trends

Average Actual Rents in Auburn Hills

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Auburn Hills Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $19.71
  • 2020 Office Vacancy Rate 11.95%
  • 2020 Office Completions (Sqft)
View more Auburn Hills market trends

Tax

  • Property Tax in 2021 $526,048
  • Market Value $20,775,080
  • Assessed Value $20,775,080

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of 1750 Summit Drive?

1750 Summit Drive totals 236,806 square feet.

When was this property built?

1750 Summit Drive was built in 2001.

When was 1750 Summit Drive last sold?

1750 Summit Drive was last sold on 10 Aug, 2017.

What was the last purchase price for 1750 Summit Drive?

1750 Summit Drive was last sold for $25,101,000.

What is the property tax for 1750 Summit Drive?

The property tax for 1750 Summit Drive in 2021 was $526,048.

What is the market value for 1750 Summit Drive?

The market value for 1750 Summit Drive in 2021 was $20,775,080.

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