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    36600 Corporate Dr Farmington Hills, MI 48331

    For Sale
    Contact for pricing

    Industrial R&D facility in automotive technology hub, Farmington Hills.

    Property size:
    75,286 SF
    Lot size:
    8.22 Acres

    Property Features for 36600 Corporate Dr

    General Information

    Size
    75,286 SF
    Lot size
    8.22 Acres

    Source: JLL | Denver Agent Brian Shanfeld

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Farmington Hills Industrial R&D Facility

    This 75,286 square foot industrial property is located in Farmington Hills, Michigan, an automotive R&D epicenter with a high concentration of engineers and proximity to major OEMs. The property is currently leased to the largest automotive exterior lighting supplier in North America and houses key R&D functions as the Tenant's Technology Research Center, with approximately 175 employees on site. The property is under a recently extended 15-year NNN lease with 2.50% annual rent increases. Recent capital investment has been made for facility upgrades, including a new roof and HVAC units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.4124347
    Latitude
    42.496432

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    FAQs

    What type of property is this?
    Industrial property - Industrial R&D facility in automotive technology hub, Farmington Hills.
    Where is this industrial property located?
    The property is located at 36600 Corporate Dr Farmington Hills, MI.
    What are key features of this property?
    This property features: - Long-term (15-year) NNN lease provides stable, passive income.; - Annual rent increases of 2.50% offer built-in income growth.; - Tenant is the largest automotive exterior lighting supplier in North America, ensuring financial stability.
    (303) 260-6500
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    36600 Corporate Dr Farmington Hills, MI 48331
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    Farmington Hills, MI 48331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    36600 Corporate Dr Farmington Hills, MI 48331
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