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    34705 12 Mile Rd Farmington Hills, MI 48331

    Sponsored
    For Lease
    $19 SF/Yr

    Farmington Hills, MI Office Space Available

    Lot size:
    118,885 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    Arboretum West, a Class A office building located at 34705 W 12 Mile Rd, Farmington Hills, MI 48331, offers exceptional executive office space. This three-story building, totaling 118,885 square feet, underwent a significant renovation in 2016, boasting a stunning atrium, updated elevators, and remodeled restrooms. The property features 5 total suites, with a minimum divisible space of 1,506 square feet and a maximum contiguous space of 21,890 square feet. Currently, 38,211 square feet is available for lease. Built in 1990, the building offers 11-foot ceilings and four elevators for convenient access. Amenities include a freshly paved parking lot, a tranquil courtyard, and a pond. Its prime location on W 12 Mile Rd, near Orchard Lake Road in Oakland County, ensures excellent visibility and accessibility from the highway. The property is ideal for businesses seeking modern, well-maintained office space in a desirable Farmington Hills location. Multiple tenancy options are available to accommodate various business needs.

    Property Features for 34705 12 Mile Rd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    118,885 SF
    Class
    A
    Total Rate
    193188.13

    Building Details

    Year Built/Renovated
    1990/2016
    Stories
    3

    Unit(s) available at that property

    Space
    Available Space 201
    Size
    2,674 SF
    Rate per SF
    $19
    Space
    Available Space 301
    Size
    2,346 SF
    Rate per SF
    $19

    HighLights

    • Redesigned entryway and new contemporary lobby.
    • Renovated common corridors, atrium, restrooms, and elevator interiors.
    • Reconstructed parking lot.
    • Excellent highway frontage with signage available.
    • Convenient proximity to Twelve Oaks Mall, hotels, and restaurants.
    • Recent exterior, interior, and mechanical renovations.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Farmington Hills
    County
    Oakland
    State
    Michigan
    Longitude
    -83.393502524082
    Latitude
    42.496695620287

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    FAQs

    What type of property is this?
    Office space - Farmington Hills, MI Office Space Available
    Where is this office space located?
    The property is located at 34705 12 Mile Rd Farmington Hills, MI.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: Redesigned entryway and new contemporary lobby.; Renovated common corridors, atrium, restrooms, and elevator interiors.; Reconstructed parking lot.
    Request Owner's contact information
    34705 12 Mile Rd 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
    34705 12 Mile Rd Farmington Hills, MI 48331
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