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2500 Innovation Drive

Off-Market

2500 Innovation Drive, Auburn Hills, MI 48326

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 96,919 SF
  • Lot Size 11.1 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1989

Location

  • Walk Score ® Car-Dependent (20)
  • Bike Score ® Bikeable (54)
Powered by Walk Score ®
  • City Auburn Hills, MI
  • Neighborhood Auburn Hills
  • Zip Code 48326
  • Market Detroit

Points of Interest

Pontiac

3.18 miles

Troy

8.58 miles

Speedway

0.15 miles

Mobil

0.77 miles

Sunoco

0.78 miles

Mobil

0.79 miles

BP

0.86 miles

Citgo

1.17 miles

Shell

1.27 miles

Marathon

1.30 miles

Mobil

1.37 miles

Shell

1.55 miles

Deck 20/21

0.64 miles

FCA Visitor Parking

0.64 miles

Lot 20

0.71 miles

Lot 10

0.74 miles

Deck 60

0.74 miles

Lot 11

0.82 miles

Lot 22

0.82 miles

Lots 22A & 23A

0.90 miles

Lot 12

0.90 miles

Lot 15

0.90 miles

The HUB

0.08 miles

Wendy's

0.16 miles

Taco Bell

0.19 miles

KFC

0.19 miles

O'Malley's

0.25 miles

McDonald's

0.28 miles

Burger King

0.61 miles

Mr. Pita

0.68 miles

Subway

0.70 miles

Spargo's Coney Grill

0.78 miles

Carnival Market

1.55 miles

Meijer

2.23 miles

Walmart Supercenter

2.57 miles

Busch's Fresh Food Market

2.76 miles

Hollywood Markets

2.85 miles

Trader Joe's

2.87 miles

Whole Foods Market

3.00 miles

Save-A-Lot

3.08 miles

Meijer

3.84 miles

Target

4.02 miles

Havenwyck Hospital

0.38 miles

Rite Aid

1.25 miles

Police and Support Services Building (PSS)

1.42 miles

Waterford Regional Fire Department Station No. 8

1.56 miles

Rite Aid

1.63 miles

Auburn Hills Fire Department

2.19 miles

Waterford Regional Fire Department Station No. 7

2.76 miles

Oakland County Sheriff's Office

2.79 miles

CVS Pharmacy

2.83 miles

Rite Aid

2.87 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

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 (SF)
View more Auburn Hills market trends

Tax

  • Property Tax in 2021 $193,866
  • Market Value* $7,656,320
  • Assessed Value $7,656,320

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 2500 Innovation Drive?

2500 Innovation Drive totals 96,919 square feet.

When was this property built?

2500 Innovation Drive was built in 1989.

What is the property tax for 2500 Innovation Drive?

The property tax for 2500 Innovation Drive in 2021 was $193,866.

What is the market value for 2500 Innovation Drive?

The market value* for 2500 Innovation Drive in 2021 was $7,656,320.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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