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3300 University Drive

Off-Market

3300 University Drive, Auburn Hills, MI 48326

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 128,000 Sqft
  • Lot Size 9.48 Acre
  • Parking Spaces Avail. 325
  • Parking Ratio 2.54/ 1,000 SF
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1986

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 08 Nov, 2019
  • Purchase Price $8,350,000
  • Arm's Length
  • 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 (Sqft)
View more Auburn Hills market trends

Tax

  • Property Tax in 2020 $205,926
  • Market Value $8,132,600
  • Assessed Value $8,132,600

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

Frequently Asked Questions

What is the total square footage of 3300 University Drive?

3300 University Drive totals 128,000 square feet.

When was this property built?

3300 University Drive was built in 1986.

When was 3300 University Drive last sold?

3300 University Drive was last sold on 08 Nov, 2019.

What was the last purchase price for 3300 University Drive?

3300 University Drive was last sold for $8,350,000.

What is the property tax for 3300 University Drive?

The property tax for 3300 University Drive in 2020 was $205,926.

What is the market value for 3300 University Drive?

The market value for 3300 University Drive in 2020 was $8,132,600.

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