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    34505 12 Mile Rd Farmington Hills, MI 48331

    Sponsored
    For Lease
    $17 SF/Yr

    Prime Farmington Hills Office Space: 42,030 SF Available

    Lot size:
    132,390 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 132,390 square foot, multi-tenant office building, constructed in 1986, offers a unique opportunity for businesses seeking a prestigious location in Farmington Hills, Oakland County. The property boasts a prime location with excellent visibility from I-696 and 12 Mile Road, situated within a professionally landscaped campus-like setting. Currently, 42,030 square feet of space is available, with units ranging from a minimum of 1,327 square feet to a maximum contiguous space of 62,080 square feet. The building features fully renovated lobbies and common areas, and is Energy Star Certified. On-site amenities include a full-service café, fitness center, sundry shop, conference facilities, and dry cleaning services. A beautifully landscaped outdoor arboretum provides a tranquil setting with Wi-Fi access. Ample parking is available at a ratio of 4 spaces per 1,000 square feet, with multiple convenient entrances. Building and monument signage opportunities are available, enhancing visibility from I-696. High-speed data, cable, and fiber-optic cabling are already in place. The property's strategic location provides quick access to major freeways (I-696, I-275, I-96, and M-5) and is within walking distance of hotels, restaurants, and shopping centers. The zoning is OS-4, and existing medical suite options are available, making this property ideal for a variety of businesses, including corporate headquarters.

    Property Features for 34505 12 Mile Rd

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    132,390 SF
    Total Rate
    198033.38

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Suite 155
    Size
    1,752 SF
    Rate per SF
    $18
    Space
    Suite 100+130+140
    Size
    18,813 SF
    Rate per SF
    $18
    Space
    Suite 140
    Size
    2,961 SF
    Rate per SF
    $18
    Space
    Suite 154
    Size
    3,690 SF
    Rate per SF
    $18
    Space
    Suite 100
    Size
    9,636 SF
    Rate per SF
    $18
    Space
    Suite 163
    Size
    2,291 SF
    Rate per SF
    $18
    Space
    Suite 130
    Size
    6,216 SF
    Rate per SF
    $18
    Space
    Suite 154+155
    Size
    5,442 SF
    Rate per SF
    $18
    Space
    Suite 320
    Size
    3,432 SF
    Rate per SF
    $18
    Space
    Suite 340
    Size
    1,559 SF
    Rate per SF
    $18
    Space
    Suite 310
    Size
    3,304 SF
    Rate per SF
    $18
    Space
    Suite 185
    Size
    1,327 SF
    Rate per SF
    $18
    Space
    Suite 310+320+340
    Size
    8,295 SF
    Rate per SF
    $18

    HighLights

    • High‑profile corporate headquarters location with I‑696 and 12 Mile Road visibility.
    • Prestigious Farmington Hills office park setting.
    • Recently renovated lobbies and common areas.
    • Energy Star certified building.
    • Existing medical suites available.
    • On‑site amenities include a café, fitness center, and conference facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Dental Office 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
    -83.3916415
    Latitude
    42.4961038

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    FAQs

    What type of property is this?
    Medical office - Prime Farmington Hills Office Space: 42,030 SF Available
    Where is this medical office located?
    The property is located at 34505 12 Mile Rd Farmington Hills, MI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: High-profile corporate headquarters location with I-696 and 12 Mile Road visibility.; Prestigious Farmington Hills office park setting.; Recently renovated lobbies and common areas.
    Request Owner's contact information
    34505 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.

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    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
    34505 12 Mile Rd Farmington Hills, MI 48331
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