Log In/Sign Up
Your email has been sent.
39001 W 12 Mile Rd
Farmington Hills, MI 48331
STNL Investment Grade Bank of America HQ · Office Property For Sale
Investment Highlights
- Substantial Tenant Capital Investment
- Exceptional Residual Real Estate Value
- Investment-Grade Credit with Annual Rent Growth
- Recent Property Capital Improvements
Executive Summary
Landmark Investment Sales is pleased to exclusively offer for sale a premier institutional-quality office building leased to Bank of America. The Property serves as Bank of America's flagship regional wealth management office following the strategic consolidation of multiple area offices into a single, purpose-built location. This long-term commitment is evidenced by the tenant's substantial capital investment exceeding $5 million, transforming the asset into a modern financial services headquarters designed to support more than 80 financial advisors and their team.
Strategically positioned within one of Metro Detroit's premier office corridors, the Property benefits from immediate access to I-96, I-275, M-5, and I-696 while being surrounded by major corporate employers, affluent residential communities, and an exceptionally deep professional workforce.
This investment represents a rare opportunity to acquire an institutional-quality asset featuring investment-grade credit, with significant tenant commitment, contractual rental growth, and irreplaceable real estate within one of Southeast Michigan's strongest suburban office markets.
Strategically positioned within one of Metro Detroit's premier office corridors, the Property benefits from immediate access to I-96, I-275, M-5, and I-696 while being surrounded by major corporate employers, affluent residential communities, and an exceptionally deep professional workforce.
This investment represents a rare opportunity to acquire an institutional-quality asset featuring investment-grade credit, with significant tenant commitment, contractual rental growth, and irreplaceable real estate within one of Southeast Michigan's strongest suburban office markets.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
58,613 SF
Building Class
B
Year Built
1996
Price
$12,693,574
Price Per SF
$216.57
Cap Rate
7.75%
NOI
$983,752
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
29,306 SF
Building FAR
0.29
Lot Size
4.60 AC
Zoning
B1 - Neighborhood Commercial Zoning
Parking
300 Spaces (5.12 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 23-18-126-014 | Improvements Assessment | $2,574,700 |
| Land Assessment | $623,870 | Total Assessment | $3,198,570 |
Property Taxes
Parcel Number
23-18-126-014
Land Assessment
$623,870
Improvements Assessment
$2,574,700
Total Assessment
$3,198,570
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
