Offering Memorandum
Investment Sale
STNL INVESTMENT GRADE BANK OF AMERICA REGIONAL WEALTH MANAGEMENT HQ
39001 W 12 Mile Rd
Farmington Hills, Michigan
Farmington Hills, Michigan
eCode:140i
Sales Price
$12,693,574
NOI
$983,752
Cap Rate
7.75%
Building Size
58,613 SF
Lot Size
4.60 AC
Year Built
1996
Zoning
OS-4, Office Research District
Traffic Count
M-5 (59,869 CPD)
Haggerty Rd (14,438 CPD)
12 Mile Rd (24,509 CPD)
Highlights
- Substantial Tenant Capital Investment
- Investment-Grade Credit with Annual Rent Growth
- Recent Property Capital Improvements
- Exceptional Residual Real Estate Value
| Radius | 1 mile | 3 mile | 5 mile |
| Population Density | 9,495 | 63,638 | 183,941 |
| Household Income | $127,365 | $142,031 | $146,647 |
| Daytime Pop | 12,371 | 56,899 | 152,184 |
SIMILAR PROPERTIES
Single-Tenant
39700 MacKenzie Dr
Novi, Michigan
Unpriced | 56,429 SF
Novi, Michigan
Unpriced | 56,429 SF
