North Orchard Plaza

Off-Market

32525 Northwestern Hwy, Farmington Hills, MI 48334

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Retail - Freestanding Big Box
  • Property Size 269,131 SF
  • Lot Size 23.76 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2002

Contacts

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Owner

  • True Owner

Brokers

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Documents

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Sales

  • 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.

  • 2022 Avg. Asking Rent $21.46
  • 2022 Office Vacancy Rate 22.26%
  • 2022 Office Completions (SF)
View more Farmington Hills market trends

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable

  • Bike Score ®

    41/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48334
  • Market Detroit

Points of Interest

  • Pontiac

    8.15 miles

  • Troy

    8.30 miles

  • Citgo

    0.69 miles

  • Shell

    0.70 miles

  • Sunoco

    0.74 miles

  • Mobil

    0.76 miles

  • BP

    0.77 miles

  • Shell

    1.46 miles

  • Shell

    1.51 miles

  • BP

    1.72 miles

  • Marathon

    1.73 miles

  • Sunoco

    1.74 miles

  • Lot 3

    2.15 miles

  • Lot 1A

    2.21 miles

  • Lot 2

    2.21 miles

  • Lot 1B

    2.22 miles

  • Lot 1C

    2.22 miles

  • Lot 5

    2.29 miles

  • Lot 4

    2.30 miles

  • Lot 9

    2.39 miles

  • Lot 6

    2.43 miles

  • Lot 7

    2.46 miles

  • Anna's House

    0.12 miles

  • Bone Yard BBQ

    0.44 miles

  • Dunkin'

    0.44 miles

  • Which Wich?

    0.50 miles

  • McDonald's

    0.54 miles

  • G. Georges

    0.55 miles

  • Buddy's Pizza

    0.57 miles

  • Qdoba

    0.58 miles

  • Buffalo Wild Wings

    0.58 miles

  • Potbelly

    0.59 miles

  • Burlington

    0.36 miles

  • ALDI

    0.37 miles

  • Saks OFF 5TH Fashion Outlet

    0.53 miles

  • TJ Maxx

    0.55 miles

  • Marshalls

    0.60 miles

  • New York International Market

    0.64 miles

  • Whole Foods Market

    0.72 miles

  • Johnny Pomodoro's Fresh Market

    0.73 miles

  • Gordon Food Service

    0.74 miles

  • Kohl's

    0.82 miles

Frequently Asked Questions

What is the total square footage of North Orchard Plaza?

North Orchard Plaza totals 269,131 square feet.

When was this property built?

North Orchard Plaza was built in 2002.

What is the market value for North Orchard Plaza?

The market value* for North Orchard Plaza in 2023 was $13,597,140.
*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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