Nottingham Office Plaza

Off-Market

32300 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 Office - General Office
  • Property Size 63,690 SF
  • Lot Size 3.75 Acre
  • Parking Spaces Avail. 235
  • Parking Ratio 3.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

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 14 Mar, 2022
  • 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.

  • 2021 Avg. Asking Rent $22.37
  • 2021 Office Vacancy Rate 19.68%
  • 2021 Office Completions (SF) 200,000

Farmington Hills Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $82.06
  • 2021 Office Sales Volume $18.5M
  • 2021 Number of Transactions 3
View more Farmington Hills market trends

Location

Getting Around

  • Walk Score ®

    60/100 Somewhat Walkable
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48334
  • Market Detroit

Points of Interest

  • Pontiac

    8.01 miles

  • Troy

    8.15 miles

  • Citgo

    0.52 miles

  • Shell

    0.65 miles

  • Sunoco

    0.89 miles

  • Mobil

    0.92 miles

  • BP

    0.93 miles

  • Shell

    1.42 miles

  • Shell

    1.63 miles

  • Sunoco

    1.78 miles

  • BP

    1.82 miles

  • BP

    1.85 miles

  • Lot 3

    2.29 miles

  • Lot 1A

    2.34 miles

  • Lot 2

    2.35 miles

  • Lot 1B

    2.35 miles

  • Lot 1C

    2.36 miles

  • Lot 5

    2.44 miles

  • Lot 4

    2.44 miles

  • Lot 9

    2.55 miles

  • Lot 6

    2.58 miles

  • Lot 7

    2.61 miles

  • Holiday Inn Express & Suites

    0.32 miles

  • Hampton Inn & Suites

    0.62 miles

  • Fairfield Inn

    1.88 miles

  • Comfort Inn

    1.88 miles

  • Extended Stay America

    1.89 miles

  • Radisson Hotel Detroit-Farmington Hills

    1.93 miles

  • Courtyard by Marriott

    2.35 miles

  • Residence Inn by Marriott Detroit Farmington Hills

    2.42 miles

  • Ramada by Wyndham Southfield

    3.27 miles

  • Red Roof Inn

    3.72 miles

  • Anna's House

    0.17 miles

  • Buddy's Pizza

    0.50 miles

  • Dunkin'

    0.54 miles

  • Bone Yard BBQ

    0.55 miles

  • Which Wich?

    0.56 miles

  • G. Georges

    0.58 miles

  • Tomatoes APizza

    0.59 miles

  • McDonald's

    0.63 miles

  • Qdoba

    0.66 miles

  • Potbelly

    0.66 miles

  • Warner Middle School

    0.13 miles

  • Hillel Elementary School

    0.55 miles

  • High Meadow School

    1.12 miles

  • Maria Montessori Center

    1.28 miles

  • The International School

    1.42 miles

  • Kenbrook Elementary School

    1.51 miles

  • North Farmington High School

    1.57 miles

  • Wood Creek Elementary School

    1.78 miles

  • Aim High School

    1.80 miles

  • Farmington Harrison High School

    1.89 miles

  • Everbrook Academy of West Bloomfield

    1.19 miles

  • West Bloomfield KinderCare

    1.33 miles

  • Minto's Casa

    2.13 miles

  • KinderCare

    3.25 miles

  • Country Hills Montessori

    3.55 miles

  • Tutor Time

    3.60 miles

  • Childtime Learning

    3.64 miles

  • KinderCare Learning Center

    3.67 miles

  • Bloomin' Kids Preschool at Conant

    3.91 miles

  • The Learning Experience

    4.19 miles

Frequently Asked Questions

What is the total square footage of Nottingham Office Plaza?

Nottingham Office Plaza totals 63,690 square feet.

When was this property built?

Nottingham Office Plaza was built in 1986.

When was Nottingham Office Plaza last sold?

Nottingham Office Plaza was last sold on 14 Mar, 2022.

What is the market value for Nottingham Office Plaza?

The market value* for Nottingham Office Plaza in 2022 was $5,419,060.
*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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