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Discovery Centre

Off-Market

39205 Country Club Drive, Farmington Hills, MI 48331

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  • Property Type Office - Flex - Office
  • Property Size 165,016 SF
  • Lot Size 14.42 Acre
  • Parking Spaces Avail. 313
  • Parking Ratio 1.90/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1989

Location

  • Walk Score ® Car-Dependent (18)
  • Bike Score ® Somewhat Bikeable (30)
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48331
  • Market Detroit

Points of Interest

BP

0.32 miles

Kroger

0.72 miles

Speedway

0.75 miles

Shell

0.77 miles

Shell

1.55 miles

Mobil

1.60 miles

Sunoco

1.83 miles

Exxon

1.85 miles

BP

1.93 miles

Shell

1.98 miles

North Parking Lot

1.36 miles

Lakeshore Park Skills Area Parking Lot

2.67 miles

Lot 8

2.87 miles

Lot 7

2.90 miles

Lot 9

2.93 miles

Lot 6

2.96 miles

MTB Tralhead Parking

2.99 miles

Lot 5

3.21 miles

Lot 4

3.25 miles

Lot 3

3.32 miles

Holiday Inn Express & Suites

0.42 miles

Hawthorn Suites

0.73 miles

Motel 6

1.68 miles

Motel 6

1.72 miles

Red Roof Inn

1.81 miles

Red Roof Inn

1.84 miles

TownePlace Suites Detroit Novi

1.98 miles

DoubleTree

1.99 miles

Sonesta Select Detroit Novi

2.02 miles

Holiday Inn Hotel & Suites

2.02 miles

Ruby Tuesday

0.38 miles

Kerby's Koney Island

0.64 miles

Subway

0.64 miles

House of Ing

0.66 miles

Antonio's Cucina Italiana

0.68 miles

Panera Bread

0.68 miles

2Booli

0.69 miles

McDonald's

0.71 miles

Bangkok 18

1.00 miles

Arby's

1.50 miles

South University

1.30 miles

Hillside Elementary School

1.34 miles

Great Beginnings Daycare

1.49 miles

Meadowbrook Elementary School

1.51 miles

Novi Christian Academy

1.60 miles

Professional Bartenders School

1.66 miles

Koby International Academy

2.31 miles

Village Oaks Elementary School

2.38 miles

Wayne State University Oakland Center

2.51 miles

Orchard Hills Elementary School

2.54 miles

Childtime Learning

1.10 miles

KinderCare Learning Center

1.32 miles

Minto's Casa

2.81 miles

Country Hills Montessori

4.09 miles

Tutor Time

4.11 miles

The Learning Experience

4.38 miles

Everbrook Academy of West Bloomfield

4.61 miles

KinderCare

4.85 miles

KinderCare

5.74 miles

West Bloomfield KinderCare

5.74 miles

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 04 Mar, 2016
  • 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.

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

Tax

  • Market Value* $10,963,020
  • Assessed Value $10,963,020

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Discovery Centre?

Discovery Centre totals 165,016 square feet.

When was this property built?

Discovery Centre was built in 1989.

When was Discovery Centre last sold?

Discovery Centre was last sold on 04 Mar, 2016.

What is the market value for Discovery Centre?

The market value* for Discovery Centre in 2021 was $10,963,020.
*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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