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Bloomfield Medical Village

Off-Market

6405 Telegraph Road, Bloomfield Hills, MI 48301

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 31,150 Sqft
  • Lot Size 3.76 Acre
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1968

Location

  • City Bloomfield Hills, MI
  • Neighborhood Bloomfield
  • Zip Code 48301
  • Market Detroit

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 Date 17 Oct, 2018
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Bloomfield 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 Bloomfield Hills Office Market

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

  • 2020 Avg. Asking Rent $26.37
  • 2020 Office Vacancy Rate 17.83%
  • 2020 Office Completions (Sqft)
View more Bloomfield Hills market trends

Tax

  • Property Tax in 2021 $82,588
  • Market Value $3,276,400
  • Assessed Value $3,276,400

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

Frequently Asked Questions

What is the total square footage of Bloomfield Medical Village?

Bloomfield Medical Village totals 31,150 square feet.

When was this property built?

Bloomfield Medical Village was built in 1968.

When was Bloomfield Medical Village last sold?

Bloomfield Medical Village was last sold on 17 Oct, 2018.

What is the property tax for Bloomfield Medical Village?

The property tax for Bloomfield Medical Village in 2021 was $82,588.

What is the market value for Bloomfield Medical Village?

The market value for Bloomfield Medical Village in 2021 was $3,276,400.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.