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Woodbury Office Park

Off-Market

32751 Middlebelt Road, 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 79,762 SF
  • Lot Size 1.2 Acre
  • Parking Spaces Avail. 334
  • Parking Ratio 4.19 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Location

  • Walk Score ® Car-Dependent (36)
  • Bike Score ® Somewhat Bikeable (43)
Powered by Walk Score ®
  • City Farmington Hills, MI
  • Neighborhood Farmington Hills
  • Zip Code 48334
  • Market Detroit

Points of Interest

Troy

7.74 miles

Pontiac

7.75 miles

Marathon

2.67 miles

Speedway

4.39 miles

Shell

5.90 miles

Speedway

6.81 miles

2 stations

8.68 miles

Sunoco

8.97 miles

BP

9.00 miles

76

9.23 miles

Sunoco

9.48 miles

Mobil

9.76 miles

Lot 7

2.94 miles

MDOT Park & Ride

4.86 miles

Commerce Road Parking

4.87 miles

Science Center Parking Garage

5.58 miles

Boat Trailer Parking

6.50 miles

MDOT Carpool Lot

7.92 miles

Lot F - Employee Parking

7.96 miles

Student Parking

8.40 miles

North Parking Lot

8.45 miles

Parking Lot G

9.58 miles

Extended Stay America

2.11 miles

Red Roof Inn

3.49 miles

Park Motel of Farmington

5.09 miles

TownePlace Suites Detroit Commerce

5.27 miles

Grand Tulane Motel

5.42 miles

Knights Inn Farmington Hill

5.72 miles

Motel 6

5.75 miles

Motel 6

5.77 miles

The Kingsley Bloomfield Hills - a DoubleTree by Hilton

6.22 miles

Riviera Motel Detroit

8.96 miles

Subway

2.07 miles

Bigalora Wood Fired Cucina

2.33 miles

Beau's Bloomfield

3.05 miles

Little Caesars

5.26 miles

Jersey Mike's Subs

5.85 miles

McDonald's

6.08 miles

Elie's

6.59 miles

Panera Bread

6.63 miles

The Forest Grill

6.85 miles

Lifestyle Cafés

6.96 miles

Oakland Community College at Orchard Ridge

2.72 miles

Stevenson School

4.57 miles

Birmingham Covington School

5.23 miles

Cranbrook Academy of Art

5.49 miles

Bussey Center for Early Child Education

5.72 miles

CoinCoach

5.90 miles

Lawrence Technological University

5.90 miles

South University

6.29 miles

Clarenceville Middle School

6.30 miles

Childs Academy Montessori Center

6.79 miles

Everbrook Academy of West Bloomfield

1.39 miles

Minto's Casa

2.50 miles

KinderCare

3.35 miles

Childtime Learning

4.05 miles

KinderCare Learning Center

4.09 miles

The Learning Experience

4.38 miles

Lakes Area Montesorri

6.60 miles

Bright Horizons at St. Joseph Mercy Hospital Oakland

6.74 miles

Harmony Montessori Center

8.54 miles

Stepping Out On Faith Learning Center & Childcare

8.63 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 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

Tax

  • Market Value* $6,353,100
  • Assessed Value $6,353,100

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 Woodbury Office Park?

Woodbury Office Park totals 79,762 square feet.

When was this property built?

Woodbury Office Park was built in 1986.

What is the market value for Woodbury Office Park?

The market value* for Woodbury Office Park in 2022 was $6,353,100.
*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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