Special Office NNN
For Sale
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30200 Northwestern Highway, Farmington Hills, MI 48334
Single-tenant special office property on a 0.88-acre OS-3 parcel, offered with an active NNN lease.
Property SizeContact for details
Days on Market121
Property Features for 30200 Northwestern Highway
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE
Listed By:
David Hesano · License #MI 6501300653
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 5:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE
Investment Insights
Based on property information with market context.
The property is a 7,722-square-foot special office facility on a 0.88-acre parcel zoned OS-3. Fidelity has been a tenant since the building’s construction in 2006, and the lease was recently extended through October 31, 2021, with 3.92 years remaining. The lease is structured as a triple net (NNN) arrangement, with Fidelity responsible for reimbursing operating expenses including real estate taxes, insurance, common area maintenance (CAM), and management fees. The landlord is responsible for maintenance, repairs, and replacement of the roof, structure, and parking areas.
Fidelity invested approximately $400,000 into the building at the time of relocation to this build-to-suit facility. The lease includes one additional five-year renewal option with a rental escalation of 21% upon execution and a nine-month notification period.
The building is located on Northwestern Highway, described as a major thoroughfare through Farmington Hills, Southfield, and Detroit, with a daytime population of 134,403 within a five-mile radius. The surrounding area is characterized by office buildings, restaurants, retail stores, and other businesses that provide amenities for tenant operations.
Fidelity invested approximately $400,000 into the building at the time of relocation to this build-to-suit facility. The lease includes one additional five-year renewal option with a rental escalation of 21% upon execution and a nine-month notification period.
The building is located on Northwestern Highway, described as a major thoroughfare through Farmington Hills, Southfield, and Detroit, with a daytime population of 134,403 within a five-mile radius. The surrounding area is characterized by office buildings, restaurants, retail stores, and other businesses that provide amenities for tenant operations.
Key Highlights
- 7,722 SF single‑tenant special office property on a 0.88‑acre parcel zoned OS‑3
- Fidelity is the tenant since the building’s 2006 construction and recently extended the lease to October 31, 2021 (3.92 years remaining)
- Triple net (NNN) lease structure: tenant reimburses operating expenses including real estate taxes, insurance, CAM, and management fees
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,387
Businesses Nearby
Explore this area
Business Placement
Demographics for 48334, MI
18,731
Population
8,528
Households
2.2
Avg Household Size
45
Median Age
59%
College-Educated
96%
High-School Grad
9.1 sq mi
ZIP Area
2,058
Density / Sq Mi
$98,937
Median Household Income
$56,067
Median Earnings
$1,511
Median Rent
$327,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Single-tenant special office property on a 0.88-acre OS-3 parcel, offered with an active NNN lease.
Where is this office building located?
The property is located at 30200 Northwestern Highway Farmington Hills, MI.
What are key features of this property?
This property features: 7,722 SF single‑tenant special office property on a 0.88‑acre parcel zoned OS‑3; Fidelity is the tenant since the building’s 2006 construction and recently extended the lease to October 31, 2021 (3.92 years remaining); Triple net (NNN) lease structure: tenant reimburses operating expenses including real estate taxes, insurance, CAM, and management fees
