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Glendale Medical Office Building

Off-Market

28595 Orchard Lake Road, Farmington Hills, MI 48334

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  • Property Type Office - Medical Office
  • Property Size 44,649 SF
  • Lot Size 2.14 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1988

Location

  • Walk Score ® Somewhat Walkable (64)
  • Bike Score ® Somewhat Bikeable (46)
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48334
  • Market Detroit

Points of Interest

Troy

8.94 miles

Pontiac

9.29 miles

BP

0.39 miles

Mobil

0.43 miles

Sunoco

0.43 miles

Marathon

0.63 miles

BP

0.64 miles

Mobil

1.10 miles

BP

1.20 miles

Sunoco

1.21 miles

Shell

1.26 miles

Shell

1.75 miles

Lot 3

1.00 miles

Lot 2

1.07 miles

Lot 1A

1.08 miles

Lot 1B

1.08 miles

Lot 1C

1.09 miles

Lot 5

1.15 miles

Lot 4

1.16 miles

Lot 9

1.27 miles

Lot 6

1.30 miles

Lot 7

1.33 miles

Radisson Hotel Detroit-Farmington Hills

0.68 miles

Comfort Inn

0.72 miles

Fairfield Inn

0.74 miles

Extended Stay America

0.76 miles

Courtyard by Marriott

1.08 miles

Residence Inn by Marriott Detroit Farmington Hills

1.17 miles

Holiday Inn Express & Suites

1.29 miles

Hampton Inn & Suites

1.52 miles

Hawthorn Suites

3.14 miles

Ramada by Wyndham Southfield

3.23 miles

India Flavors

0.21 miles

Saffron

0.21 miles

Jiang Nan Noodle House

0.28 miles

New Mandarin Garden

0.35 miles

Leeza's Cafe

0.47 miles

Hong Hua Fine Chinese Dining

0.49 miles

Phở Vinh

0.51 miles

Sunrise Cafe

0.51 miles

Happy's Pizza

0.52 miles

Craft Breww City

0.53 miles

Kenbrook Elementary School

0.25 miles

High Meadow School

0.48 miles

St. Fabian Catholic School

0.61 miles

Maria Montessori Center

0.63 miles

Farmington STEAM Academy

0.83 miles

North Farmington High School

1.02 miles

The International School

1.03 miles

Farmington Harrison High School

1.03 miles

Oakland Community College at Orchard Ridge

1.13 miles

Michigan School of Professional Psychology

1.14 miles

Minto's Casa

0.98 miles

Everbrook Academy of West Bloomfield

2.09 miles

KinderCare

2.31 miles

Country Hills Montessori

2.38 miles

Tutor Time

2.43 miles

West Bloomfield KinderCare

2.61 miles

Childtime Learning

2.68 miles

KinderCare Learning Center

2.98 miles

The Learning Experience

3.02 miles

Bloomin' Kids Preschool at Conant

5.10 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 10 Sep, 2018
  • 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.

  • 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* $4,687,800
  • Assessed Value $4,687,800

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 Glendale Medical Office Building?

Glendale Medical Office Building totals 44,649 square feet.

When was this property built?

Glendale Medical Office Building was built in 1988.

When was Glendale Medical Office Building last sold?

Glendale Medical Office Building was last sold on 10 Sep, 2018.

What is the market value for Glendale Medical Office Building?

The market value* for Glendale Medical Office Building in 2021 was $4,687,800.
*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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