32969 & 32985 Hamilton Ct Farmington Hills, MI 48334

Building Details

Year Built

1975

Listing office P.A. Commercial Corporate & Investment Real Estate

Listing date Sep 24, 2024

Source Crexi

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Investment Insights

Based on property information with market context.

Quakertown Plaza offers an opportunity to acquire two three-story office buildings totaling 63,807 square feet. The property is located off West 12 Mile Road in Farmington Hills, positioning it in one of Metro Detroit’s active office corridors with access to I-696. The location benefits from high daytime traffic and strong demographics. Nearby are major corporate neighbors such as First Merchants Bank Headquarters, Residence Inn by Marriott, Courtyard by Marriott, and Holiday Inn & Suites. The location provides walkable access to restaurants, cafés, and daily conveniences. The property is currently 60% leased, offering in-place income with potential for lease-up. Recent ownership upgrades include heating and cooling system replacements and cosmetic enhancements. The property is suited for a user needing 10,000+ square feet or an investor looking to create long-term value through capital improvements, modernized design, or a new identity.

Key Highlights

• Significantly undervalued asset offered at $29.38 per square foot, less than 25% of replacement cost.
• Located in a highly desirable Farmington Hills office submarket with seamless access to I‑696 and Metro Detroit.
• Offers immediate in‑place income with 60% current occupancy and upside potential through lease‑up.

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FAQs

What type of property is this?

Office building - Two office buildings totaling 63,807 SF on 12 Mile Road.

Where is this office building located?

The property is located at 32969 & 32985 Hamilton Ct Farmington Hills, MI.

What is the asking price?

The asking price for this property is $1,875,000.

What are key features of this property?

This property features: Significantly undervalued asset offered at $29.38 per square foot, less than 25% of replacement cost.; Located in a highly desirable Farmington Hills office submarket with seamless access to I‑696 and Metro Detroit.; Offers immediate in‑place income with 60% current occupancy and upside potential through lease‑up.