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Haggerty Road Executive Park

Off-Market

38855 Hills Tech 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 Industrial - Flex - Industrial
  • Property Size 104,175 Sqft
  • Lot Size 7 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Location

  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48331
  • Market Detroit

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

  • 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

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Frequently Asked Questions

What is the total square footage of Haggerty Road Executive Park?

Haggerty Road Executive Park totals 104,175 square feet.

When was this property built?

Haggerty Road Executive Park was built in 1986.

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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.