This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
30830 Orchard Lake Rd
Farmington Hills, MI 48334
Former Best Buy · Property For Lease
Highlights
- 45,600-Square Foot Big-Box Location Situated on Nearly 4 Acres
- Adjacent to Redeveloped Shopping Center (2018) with Brand New Tenants ALDI, Burlington Coat Factory & Party City
- Great Visibility and Exposure in Prime Retail Corridor on Orchard Lake Road
- Ideal Backfill or Redevelopment Location for National Tenant(s)
- Ample Parking | Approximately 179 Spaces Available | 3.92/1,000 SF Ratio
- Superb Demographics | 165,952 in 5 Miles | 36,000 Households in 5 Miles
Property Facts
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Freestanding | Parking Ratio | 3.92/1,000 SF |
| Gross Leasable Area | 45,600 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 45,600 SF |
| Year Built | 2004 |
| Parking Ratio | 3.92/1,000 SF |
About the Property
The Jonna Group at Colliers International, on behalf of ownership, is pleased to present the former Best Buy in Farmington Hills, Michigan for lease with availability on February 1, 2020. The subject property is a 45,600-square foot Big-Box strategically situated on nearly four acres and connected to a redeveloped shopping center with brand new tenants ALDI, Burlington Coat Factory & Party City. The ideal backfill location is situated along Orchard Lake Road, the primary commercial thoroughfare for Farmington Hills’ main retail corridor which sees over 30,500 vehicles traveling per day. Demographics in the surrounding area are strong, with 62,494 residents within three miles and 165,952 residents within five miles. Average household income is well above the national averages, at $136,756 within three miles and $127,674 within five miles. Prominent national retailers in the immediate trade area include Whole Foods, The Home Depot, T.J. Maxx, Old Navy, Bed Bath & Beyond, Walgreens, Marshalls, HomeGoods, Ulta Beauty, DSW, Stein Mart, Gap, Buybuy Baby, Kohl’s and dozens of national restaurant chains and hotel flags. Farmington Hills is part of the Greater Detroit Metropolitan area with a population of over four million. Farmington Hills is located in Oakland County, Michigan, one of the highest income counties in the United States with populations of over one million people. Companies from around the world choose Farmington Hills as an ideal place to do business. The city sits in the center of some of the top communities in all of Michigan including Birmingham, Beverly Hills, Bloomfield Hills, Royal Oak, Southfield, Farmington, Novi and Commerce.
