- For Sale $17,278,000
- Property Type Office - General Office
- Property Size 50,412 SF
- Lot Size 3.07 Acre
- Building Class A
- Year Built 1986
- Year Renovated 2024
- Date Updated Mar 18, 2026
Description
Farmington Hills, located in Oakland County, Michigan—one of the wealthiest counties in the United States—is a thriving and dynamic community renowned for its high quality of life. Positioned strategically along Orchard Lake Road, a major corridor for shopping, dining, and business, Farmington Hills offers exceptional connectivity to neighboring areas and serves as a vibrant commercial hub.Introducing a prime investment opportunity in Farmington Hills, Michigan: 31600-31700 W 13 Mile Rd. This impressive 50,412 SF office building offers an exceptional investment prospect. The property features new 15-year NNN leases with Personal/Franchisee Lease Guarantee and annual 2% rent escalations.
Highlights
- A 9.23% blended cap rate over the 15-year holding period
- A historically high occupancy rate - strong market appeal and consistent performance
- Anchored by industry leaders Office Evolution and Venture X
- Annual 2% rent escalations
- Located in Farmington Hills (Oakland Country, MI) – One of the Wealthiest in the Country
- Office Evolution and Venture X - new 15-year NNN leases commence at close of escrow
- Personal/Franchisee Lease Guarantee
- State-of-the-Art facilities and amenities
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Contacts
Simon Jonna
Colliers
Location
Contact Listing Broker
Simon Jonna
Colliers
