31500 Telegraph Road

Off-Market

31500 Telegraph Road, Bingham Farms, MI 48025

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

  • Property Type Office - Medical Office
  • Property Size 51,000 SF
  • Lot Size 6.54 Acre
  • Parking Spaces Avail. 234
  • Parking Ratio 4.60 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

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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Brokers

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Documents

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Sales

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

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Bingham Farms

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 Bingham Farms Office Market

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

  • 2021 Avg. Asking Rent $17.43
  • 2021 Office Vacancy Rate 16.41%
  • 2021 Office Completions (SF)
View more Bingham Farms market trends

Location

Getting Around

  • Walk Score ®

    25/100 Car-Dependent
  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Bingham Farms, MI
  • Neighborhood Bingham Farms
  • Zip Code 48025
  • Market Detroit

Points of Interest

  • Troy

    5.05 miles

  • Royal Oak

    7.30 miles

  • Pontiac

    7.87 miles

  • CDM Transport LLC

    8.70 miles

  • Mobil

    1.22 miles

  • Marathon

    1.24 miles

  • BP

    1.27 miles

  • BP

    1.74 miles

  • Marathon

    1.75 miles

  • Sunoco

    1.78 miles

  • Mobil

    1.80 miles

  • BP

    1.80 miles

  • Shell

    2.13 miles

  • Shell

    2.46 miles

  • MDOT Park & Ride

    2.52 miles

  • bus parking

    2.54 miles

  • Parking Lot J

    3.26 miles

  • Parking Lot F

    3.31 miles

  • Parking Lot C

    3.41 miles

  • Town Center Parking

    3.48 miles

  • Parking Lot D

    3.51 miles

  • underground parking entrance

    3.58 miles

  • Parking Lot E

    3.58 miles

  • Parking Lot A

    3.62 miles

  • Marvins Garden Inn

    1.72 miles

  • Red Roof Inn

    1.73 miles

  • Ramada by Wyndham Southfield

    1.84 miles

  • Detroit Marriott Southfield

    2.44 miles

  • Courtyard Detroit Southfield

    2.45 miles

  • Holiday Inn Express & Suites

    3.60 miles

  • The Westin Southfield Detroit

    3.62 miles

  • Hampton Inn & Suites

    3.85 miles

  • Extended Stay America

    3.85 miles

  • Fairfield Inn

    3.88 miles

  • Qdoba

    0.41 miles

  • DiBella's Subs

    0.43 miles

  • Jimmy John's

    0.70 miles

  • Noodles & Company

    0.71 miles

  • The Franklin Grill

    1.24 miles

  • Taco Bell

    1.30 miles

  • Panera Bread

    1.36 miles

  • Flaming Wok

    1.39 miles

  • Blaze Pizza

    1.39 miles

  • Shish Kabob

    1.39 miles

  • Bingham Farms Elementary School

    0.49 miles

  • Detroit Country Day Upper School

    1.02 miles

  • Detroit County School

    1.02 miles

  • Huda School & Montessori

    1.10 miles

  • Booth Center

    1.10 miles

  • Detroit Country Day Middle School

    1.15 miles

  • Detroit Country Day School

    1.17 miles

  • Beverly Hills Academy

    1.46 miles

  • Kensington Academy

    1.53 miles

  • Marian High School

    1.55 miles

  • Bloomin' Kids Preschool at Conant

    2.84 miles

  • West Bloomfield KinderCare

    3.27 miles

  • KinderCare

    3.96 miles

  • Everbrook Academy of West Bloomfield

    4.22 miles

  • Country Hills Montessori

    4.83 miles

  • Tutor Time

    4.86 miles

  • Minto's Casa

    4.87 miles

  • The Learning Experience

    5.25 miles

  • Harmony Montessori Center

    5.67 miles

  • Stepping Out On Faith Learning Center & Childcare

    5.78 miles

Frequently Asked Questions

What is the total square footage of 31500 Telegraph Road?

31500 Telegraph Road totals 51,000 square feet.

When was this property built?

31500 Telegraph Road was built in 1986.

What is the market value for 31500 Telegraph Road?

The market value* for 31500 Telegraph Road in 2022 was $6,083,480.
*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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