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31600-31700 W 13LE RD Farmington MI 48334-2165

[Locked] • APN 22-23-03-476-041

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Details
Property Type Office
Sub Type Executive Office
Building SqFt 50,412
Lot SqFt 130,680
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code BI
Year Built 1985
Building Count 2
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******

Property History

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Property Type
Property Type
Office
Property Subtype
Executive Office
Marketing Description

2 Office Buildings available for sale-leaseback in affluent Farmington Hills, MI.

Investment Highlights
  • Office Evolution and Venture X - new 15-year NNN leases commence at close of escrow
  • Personal/Franchisee Lease Guarantee
  • Annual 2% rent escalations
  • Located in Farmington Hills (Oakland Country, MI) – One of the Wealthiest in the Country
  • Anchored by industry leaders Office Evolution and Venture X
  • State-of-the-Art facilities and amenities
  • A historically high occupancy rate - strong market appeal and consistent performance
  • A 9.23% blended cap rate over the 15-year holding period
Sale Date
******
Sold Price
******
Buyer Borrower 1 Name
******
Document Number
******
Document Type
******
Recording Book
******
Recording Page
******
Sales Price Code
******
Seller 1 Name
******
Sold By
******
Sold To
******

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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There are no additional details for this property

Contacts

Listing removed on
 BY:
SJ
Simon Jonna PRO
•••.•••.1610
•imon@••••••••••.com
Brokerage logo
Listing removed on
 BY:
RJ
Raymond Jonna
•••.•••.1611
•••mond@••••••••••.com
Brokerage logo

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