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    32500 Northwestern Hwy Farmington Hills, MI 48334

    Sponsored
    For Lease
    $15 SF/Yr ($12,500 /Mo)

    Retail Space Available, Farmington Hills, MI

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 32500 Northwestern Hwy, Farmington Hills, MI 48334. The Courtyard Shopping Center offers a total of 10,000 square feet of space, with multiple tenancies available. Currently, there are 5,471 square feet of vacant space available for lease, divisible into units as small as 2,281 square feet and offering contiguous space up to a maximum of 3,190 square feet. The property is ideally suited for a variety of retail or office uses. High visibility is ensured by signage opportunities facing the heavily trafficked Northwestern Highway. The center boasts ample parking for customers and employees, providing convenient access for all. This prime location in Farmington Hills offers excellent exposure and accessibility, making it an attractive option for businesses seeking a thriving retail environment. The flexible space options allow for customization to meet individual tenant needs. Don't miss this chance to secure your space in this well-situated shopping center.

    Property Features for 32500 Northwestern Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF
    Total Rate
    12500

    Unit(s) available at that property

    Space
    Available Space 5
    Size
    1,280 SF
    Rate per SF
    $15
    Space
    Available Space 4
    Size
    1,000 SF
    Rate per SF
    $15
    Space
    Space 3
    Size
    3,190 SF
    Rate per SF
    $15

    HighLights

    • 10,000 square foot retail center at 32500 Northwestern Hwy, Farmington Hills, MI.
    • 5,471 square feet of vacant space available for lease, divisible to 2,281 square feet.
    • Units up to 3,190 contiguous square feet available.
    • High visibility from Northwestern Highway with ample parking.
    • Suitable for retail or office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm 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
    -83.3510121
    Latitude
    42.5256733

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    FAQs

    What type of property is this?
    Neighborhood center - Retail Space Available, Farmington Hills, MI
    Where is this neighborhood center located?
    The property is located at 32500 Northwestern Hwy Farmington Hills, MI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 10,000 square foot retail center at 32500 Northwestern Hwy, Farmington Hills, MI.; 5,471 square feet of vacant space available for lease, divisible to 2,281 square feet.; Units up to 3,190 contiguous square feet available.
    Request Owner's contact information
    32500 Northwestern Hwy Farmington Hills, MI 48334
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    Farmington Hills, MI 48334
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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
    32500 Northwestern Hwy Farmington Hills, MI 48334
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