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Office Building Under New Management
For Lease
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30555 Northwestern Hwy, Farmington Hills, MI 48334

Office building for rent with renovations underway and covered parking.

Space Size958 SF - 1,864 SF
Property Size2,822 SF
Days on Market2474

Property Features for 30555 Northwestern Hwy

General Information

Standard status Active
Size 958 SF - 1,864 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 2,822 SF
Year Built 1986
Tenancy Multiple

Spaces For Lease

at 30555 Northwestern Hwy Contact us

Suite 125

Size
1,864 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

Suite 150

Size
958 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: L. Mason Capitani
Listed By: Aaron Smith · License #MI 6501377543
Source: Crexi
Added: Nov 14, 2019 Changed: Aug 14 Last Checked: Aug 23 at 10:08AM

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 L. Mason Capitani

Investment Insights

Based on property information with market context.

This office building is under new management and undergoing renovations. The property is owner-occupied. Covered parking is available for tenants and visitors. Exterior signage opportunities are also available.

Key Highlights

  • Renovations underway, enhancing the property
  • Covered parking available for convenience
  • Exterior signage available, offering great visibility

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop Building Supply Auto Parts Store Storage Facility HVAC Service Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.48 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,285
Businesses Nearby

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

Lease Benchmarks for Farmington Hills, MI

$22.16 /SF/Yr
Avg Asking Price
$10.95–$80 /SF/Yr
Price Range
50,505 SF
Avg Space Size

This space is priced 26% below the average of $22.16 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building for rent with renovations underway and covered parking.
Where is this office building located?
The property is located at 30555 Northwestern Hwy Farmington Hills, MI.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Renovations underway, enhancing the property; Covered parking available for convenience; Exterior signage available, offering great visibility
(248) 637-3515 Call to check price and availability
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