39001 West 12 Mile Road

Off-Market

39001 West 12 Mile Road, Farmington Hills, MI 48331

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

  • Property Type Office - General Office
  • Property Size 58,613 SF
  • Lot Size 4.6 Acre
  • Parking Spaces Avail. 300
  • Parking Ratio 5.12 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1996

Contacts

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Owner

  • True 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

Mortgages

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

Market Trends

Average Actual Rents in Farmington 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 Farmington Hills Office Market

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

  • 2022 Avg. Asking Rent $21.46
  • 2022 Office Vacancy Rate 22.26%
  • 2022 Office Completions (SF)
View more Farmington Hills market trends

Location

Getting Around

  • Walk Score ®

    28/100 Car-Dependent

  • Bike Score ®

    28/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48331
  • Market Detroit

Points of Interest

  • BP

    0.31 miles

  • Kroger

    0.64 miles

  • Speedway

    0.69 miles

  • Shell

    0.69 miles

  • Shell

    1.70 miles

  • Mobil

    1.76 miles

  • Sunoco

    1.97 miles

  • Exxon

    2.00 miles

  • Shell

    2.03 miles

  • BP

    2.06 miles

  • North Parking Lot

    1.36 miles

  • Lakeshore Park Skills Area Parking Lot

    2.68 miles

  • Lot 8

    2.85 miles

  • Lot 7

    2.88 miles

  • Lot 9

    2.90 miles

  • Lot 6

    2.93 miles

  • MTB Tralhead Parking

    2.97 miles

  • Lot 5

    3.19 miles

  • Lot 4

    3.22 miles

  • Lot 3

    3.29 miles

  • Holiday Inn Express & Suites

    0.43 miles

  • Hawthorn Suites

    0.74 miles

  • Motel 6

    1.82 miles

  • Motel 6

    1.86 miles

  • Red Roof Inn

    1.94 miles

  • DoubleTree

    2.07 miles

  • TownePlace Suites Detroit Novi

    2.08 miles

  • Sonesta Select Detroit Novi

    2.12 miles

  • Holiday Inn Hotel & Suites

    2.16 miles

  • Knights Inn Farmington Hill

    2.22 miles

  • Ruby Tuesday

    0.38 miles

  • Kerby's Koney Island

    0.55 miles

  • House of Ing

    0.56 miles

  • Subway

    0.56 miles

  • Antonio's Cucina Italiana

    0.58 miles

  • 2Booli

    0.59 miles

  • Panera Bread

    0.62 miles

  • McDonald's

    0.65 miles

  • Bangkok 18

    1.00 miles

  • Arby's

    1.66 miles

  • South University

    1.34 miles

  • Hillside Elementary School

    1.41 miles

  • Great Beginnings Daycare

    1.44 miles

  • Meadowbrook Elementary School

    1.45 miles

  • Novi Christian Academy

    1.50 miles

  • Professional Bartenders School

    1.81 miles

  • Koby International Academy

    2.46 miles

  • Wayne State University Oakland Center

    2.48 miles

  • Village Oaks Elementary School

    2.54 miles

  • Hickory Woods Elementary School

    2.59 miles

  • Childtime Learning

    1.04 miles

  • KinderCare Learning Center

    1.17 miles

  • Minto's Casa

    2.75 miles

  • Country Hills Montessori

    4.12 miles

  • Tutor Time

    4.13 miles

  • The Learning Experience

    4.42 miles

  • Everbrook Academy of West Bloomfield

    4.48 miles

  • KinderCare

    4.85 miles

  • West Bloomfield KinderCare

    5.63 miles

  • Lakes Area Montesorri

    5.68 miles

Frequently Asked Questions

What is the total square footage of 39001 West 12 Mile Road?

39001 West 12 Mile Road totals 58,613 square feet.

When was this property built?

39001 West 12 Mile Road was built in 1996.

What is the market value for 39001 West 12 Mile Road?

The market value* for 39001 West 12 Mile Road in 2023 was $6,222,080.
*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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