37101 Corporate Drive

Off-Market

37101 Corporate Drive, 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 128,829 SF
  • Lot Size 22.65 Acre
  • Parking Spaces Avail. 368
  • Parking Ratio 2.86 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2001

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 Date 08 Jan, 2015
  • Purchase Price
  • Arm's Length True
  • Buyer Name

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.

  • 2021 Avg. Asking Rent $22.37
  • 2021 Office Vacancy Rate 19.68%
  • 2021 Office Completions (SF) 200,000

Farmington Hills Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $82.06
  • 2021 Office Sales Volume $18.5M
  • 2021 Number of Transactions 3
View more Farmington Hills market trends

Location

Getting Around

  • Walk Score ®

    33/100 Car-Dependent
  • Bike Score ®

    26/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48331
  • Market Detroit

Points of Interest

  • Speedway

    0.28 miles

  • Shell

    0.33 miles

  • Kroger

    0.36 miles

  • BP

    1.17 miles

  • BP

    1.74 miles

  • Shell

    1.77 miles

  • Sunoco

    1.80 miles

  • Shell

    1.83 miles

  • Exxon

    1.85 miles

  • Mobil

    1.90 miles

  • Lot 8

    1.99 miles

  • Lot 7

    2.02 miles

  • Lot 9

    2.04 miles

  • Lot 6

    2.08 miles

  • North Parking Lot

    2.22 miles

  • Lot 5

    2.33 miles

  • Lot 4

    2.37 miles

  • Lot 3

    2.44 miles

  • Lot 2

    2.46 miles

  • Lot 1C

    2.53 miles

  • Hawthorn Suites

    0.21 miles

  • Holiday Inn Express & Suites

    1.29 miles

  • Motel 6

    1.70 miles

  • Red Roof Inn

    1.70 miles

  • Motel 6

    1.73 miles

  • Holiday Inn Hotel & Suites

    1.89 miles

  • Residence Inn by Marriott Detroit Farmington Hills

    1.94 miles

  • Knights Inn Farmington Hill

    1.94 miles

  • Courtyard by Marriott

    2.06 miles

  • Radisson Hotel Detroit-Farmington Hills

    2.77 miles

  • McDonald's

    0.30 miles

  • Panera Bread

    0.31 miles

  • Subway

    0.42 miles

  • Kerby's Koney Island

    0.42 miles

  • 2Booli

    0.47 miles

  • Antonio's Cucina Italiana

    0.48 miles

  • House of Ing

    0.49 miles

  • Ruby Tuesday

    1.24 miles

  • Tomatoes Apizza

    1.61 miles

  • Kurrys Restaurant

    1.62 miles

  • Great Beginnings Daycare

    0.66 miles

  • Hillside Elementary School

    0.82 miles

  • Wayne State University Oakland Center

    1.63 miles

  • Professional Bartenders School

    1.92 miles

  • South University

    2.19 miles

  • Farmington STEAM Academy

    2.21 miles

  • Forest Elementary School

    2.23 miles

  • Novi Christian Academy

    2.23 miles

  • Meadowbrook Elementary School

    2.27 miles

  • Oakland Community College at Orchard Ridge

    2.34 miles

  • Childtime Learning

    0.36 miles

  • KinderCare Learning Center

    1.16 miles

  • Minto's Casa

    1.96 miles

  • Country Hills Montessori

    3.27 miles

  • Tutor Time

    3.29 miles

  • The Learning Experience

    3.61 miles

  • KinderCare

    3.99 miles

  • Everbrook Academy of West Bloomfield

    4.00 miles

  • West Bloomfield KinderCare

    5.07 miles

  • The Learning Tree Child Care Center - North

    5.53 miles

Frequently Asked Questions

What is the total square footage of 37101 Corporate Drive?

37101 Corporate Drive totals 128,829 square feet.

When was this property built?

37101 Corporate Drive was built in 2001.

When was 37101 Corporate Drive last sold?

37101 Corporate Drive was last sold on 08 Jan, 2015.

What is the market value for 37101 Corporate Drive?

The market value* for 37101 Corporate Drive in 2022 was $12,500,080.
*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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