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31500 13 Mile Rd Farmington Hills, MI 48334

46,468 SF Office Building - Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 46,468 square foot executive office building, located at 31500 13 Mile Road in Farmington Hills, Michigan (zip code 48334), presents a rare opportunity for owner-users or value-add investors. The property boasts a multi-tenant configuration, offering suites ranging in size from 315 square feet to 12,191 square feet, providing flexibility for various business needs. Its prime location in Oakland County offers convenient access to major freeways, ensuring easy commutes for employees and clients. The building features ample parking, smooth ingress and egress, and the potential for prominent monument signage on 13 Mile Road, enhancing visibility and brand recognition. Recent improvements significantly enhance the property's value and appeal, including a resurfaced parking lot, updated building exterior, a new roof on half of the building, upgraded mechanical systems, and fresh landscaping. The property's strong cash flow and significant upside potential make it an attractive investment prospect. This is a truly unique opportunity to acquire a well-maintained, strategically located office building in a thriving Michigan market. The building's excellent condition and recent upgrades minimize immediate capital expenditure needs, allowing for a smooth transition and immediate occupancy or lease-up. This is a turnkey solution for businesses seeking a high-quality office space or investors looking for a strong return on investment.

Highlights

  • 46,468 SF executive office building for sale or lease in Farmington Hills, MI (48334).
  • Suites range from 315 SF to 12,191 SF, ideal for various business needs.
  • Ample parking with smooth ingress/egress and monument signage opportunity on 13 Mile Road.
  • Excellent Oakland County location near major freeways.
  • Strong cash flow and significant upside potential; recent updates include parking lot resurfacing, exterior upgrades, partial new roof, mechanical system upgrades, and landscaping.

Property Details for 31500 13 Mile Rd

Property type
Office properties
Square Feet
46,468 SF

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.5147085
Longitude
-83.3613243
31500 13 Mile Rd, Farmington Hills, Michigan

FAQs

What type of property is this?
Office property - 46,468 SF Office Building - Owner/User Opportunity
Where is the office property located?
The property is located at 31500 13 Mile Rd Farmington Hills, MI.
What are key features of this property?
This property features: 46,468 SF executive office building for sale or lease in Farmington Hills, MI (48334).; Suites range from 315 SF to 12,191 SF, ideal for various business needs.; Ample parking with smooth ingress/egress and monument signage opportunity on 13 Mile Road.
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31500 13 Mile Rd
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