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Opburn Research Park

Off-Market

2050 Auburn Road, Auburn Hills, MI 48326

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  • Property Type Industrial - Flex - Industrial
  • Property Size 111,085 SF
  • Lot Size 10.1 Acre
  • Parking Spaces Avail. 588
  • Parking Ratio 5.30 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1998

Location

  • Walk Score ® Car-Dependent (24)
  • Bike Score ® Somewhat Bikeable (49)
Powered by Walk Score ®
  • City Auburn Hills, MI
  • Neighborhood Auburn Hills
  • Zip Code 48326
  • Market Detroit

Points of Interest

Pontiac

2.27 miles

Troy

6.98 miles

Speedway

1.90 miles

Costco Gasoline

3.08 miles

Mobil

4.84 miles

Auburn Hills, MI Supercharger

5.44 miles

Sun Country

5.44 miles

Citgo

5.87 miles

Meijer

6.42 miles

Exxon

8.00 miles

Marathon

8.66 miles

Citgo

9.00 miles

North Campus Associate Parking

1.87 miles

P39

2.80 miles

P38

2.92 miles

P36

3.06 miles

P24

3.08 miles

Science Center Parking Garage

4.36 miles

South Library Parking

6.87 miles

Lot C

9.35 miles

West Branch Area C

9.56 miles

West Branch Area B

9.77 miles

Wendy's

1.09 miles

The HUB

1.77 miles

McDonald's

5.17 miles

Filo Fresh

5.68 miles

Tropical Smoothie Cafe

5.92 miles

Taco Bell

5.94 miles

Miguel's Cantina

6.26 miles

Pizza Hut

6.35 miles

Hungry Howie's

6.39 miles

KK Pepper Thai

6.44 miles

Bloomfield Town Square

3.00 miles

Forman Mills

3.82 miles

Marshalls

5.35 miles

Burlington

5.38 miles

Great Lakes Crossing Outlets

5.43 miles

Kroger

5.82 miles

Sunset Plaza Shopping Center

5.87 miles

Somerset Collection North

5.91 miles

Macy's

5.96 miles

Target

6.04 miles

Havenwyck Hospital

1.87 miles

Woodward Professional Building

1.88 miles

Saint Joseph Mercy Oakland

1.91 miles

Waterford Regional Fire Department Station No. 7

2.03 miles

Oakland County Sheriff's Office

2.03 miles

Alice Gustafson Center (AGC)

2.08 miles

McLaren Oakland

2.27 miles

Waterford Regional Fire Department Station No. 8

2.36 miles

Police and Support Services Building (PSS)

2.94 miles

Pontiac General Hospital

3.11 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

  • Base Tax $246,490
  • Current Tax $202,237
  • Market Value* $8,849,380
  • Assessed Value $8,849,380

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 Opburn Research Park?

Opburn Research Park totals 111,085 square feet.

When was this property built?

Opburn Research Park was built in 1998.

What is the market value for Opburn Research Park?

The market value* for Opburn Research Park in 2022 was $8,849,380.
*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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