Map of Property

Office Evolution & Venture X (Sale-Leaseback)

For Sale

31600-31700 W 13 Mile Rd, Farmington Hills, MI 48334

This Farmington Hills property for sale is located at 31600-31700 W 13 Mile Rd. The general use of Office Evolution & Venture X (Sale-Leaseback) is office and it incorporates 50,412 square feet of class A office space. The current listed sale price for Office Evolution & Venture X (Sale-Leaseback) is $17,278,000. Office Evolution & Venture X (Sale-Leaseback) is situated on a lot that is 3.07 acre in size.

Contacts

broker
Simon Jonna

Colliers

Property Details

  • Property Type Office - General Office
  • Property Size 50,412 SF
  • Lot Size 3.07 Acre
  • Building Class A
  • Year Built 1986
  • Year Renovated 2024
  • Date Updated May 15, 2025
Farmington Hills, located in Oakland County, Michigan—one of the wealthiest counties in the United States—is a thriving and dynamic community renowned for its high quality of life. Positioned strategically along Orchard Lake Road, a major corridor for shopping, dining, and business, Farmington Hills offers exceptional connectivity to neighboring areas and serves as a vibrant commercial hub.Introducing a prime investment opportunity in Farmington Hills, Michigan: 31600-31700 W 13 Mile Rd. This impressive 50,412 SF office building offers an exceptional investment prospect. The property features new 15-year NNN leases with Personal/Franchisee Lease Guarantee and annual 2% rent escalations.
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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

Getting around

  • 62/100

    Walk Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Farmington Hills, MI
  • Zip Code 48334
  • Market Detroit

Points of Interest

  • Pontiac

    8.94 miles

  • Troy

    8.95 miles

  • Mobil

    0.13 miles

  • Sunoco

    0.16 miles

  • BP

    0.17 miles

  • Shell

    1.02 miles

  • Marathon

    1.07 miles

  • Tesla Supercharger

    6.58 miles

  • Enel X

    7.40 miles

  • Bosch

    7.45 miles

  • ChargePoint

    7.93 miles

  • EVgo

    9.30 miles

  • Lot 1A

    1.48 miles

  • Lot 1B

    1.49 miles

  • Lot 1C

    1.49 miles

  • Lot 5

    1.52 miles

  • Lot 4

    1.54 miles

  • Lot 9

    1.59 miles

  • Lot 6

    1.63 miles

  • Lot 7

    1.65 miles

  • Lot 8

    1.66 miles

  • Public Parking

    3.49 miles

  • Holiday Inn Express & Suites

    0.92 miles

  • Hampton Inn & Suites

    1.10 miles

  • Radisson Hotel Detroit-Farmington Hills

    1.11 miles

  • Comfort Inn

    1.16 miles

  • Fairfield Inn & Suites Detroit Farmington Hills

    1.18 miles

  • Extended Stay America

    1.21 miles

  • Courtyard Detroit Farmington Hills

    1.37 miles

  • Residence Inn Detroit Farmington Hills

    1.44 miles

  • Hawthorn Suites

    3.22 miles

  • SpringHill Suites Detroit Southfield

    3.34 miles

  • Gordon Food Service

    0.12 miles

  • Orchard Foods & Grocery

    0.39 miles

  • Burlington

    0.70 miles

  • TJ Maxx

    0.70 miles

  • ALDI

    0.72 miles

  • Saks OFF 5TH Fashion Outlet

    0.79 miles

  • Marshalls

    0.87 miles

  • Whole Foods Market

    1.05 miles

  • Stein Mart

    1.12 miles

  • New York International Market

    1.14 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Simon Jonna

Colliers

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