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Beaumont Hospital Farmington Hills - South Medical Building

Off-Market

28100 Grand River Avenue, Farmington Hills, MI 48336

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  • Property Type Office - Medical Office
  • Property Size 43,341 Sqft
  • Lot Size 2 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1987

Location

  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48336
  • Market Detroit

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • 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.

  • 2020 Avg. Asking Rent $22.82
  • 2020 Office Vacancy Rate 15.28 %
  • 2020 Office Completions (Sqft)
View more Farmington Hills market trends

Tax

  • Market Value $253,580
  • Assessed Value $253,580

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

Frequently Asked Questions

What is the total square footage of Beaumont Hospital Farmington Hills - South Medical Building?

Beaumont Hospital Farmington Hills - South Medical Building totals 43,341 square feet.

When was this property built?

Beaumont Hospital Farmington Hills - South Medical Building was built in 1987.

What is the market value for Beaumont Hospital Farmington Hills - South Medical Building?

The market value for Beaumont Hospital Farmington Hills - South Medical Building in 2021 was $253,580.

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