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Value-add Two-Building Office Complex 2 Office Properties Offered at $2,350,000 in Farmington Hills, MI

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INVESTMENT HIGHLIGHTS

  • Two 3-story office buildings totaling 63,807 SF on 2.42 acre site
  • 60% leased with room for owner-user or lease-up strategy
  • New boilers in both buildings, new air conditioning units, and new furnaces
  • Priced at only $36.92/SF – a deep discount from replacement cost
  • Located in a high-income, amenity-rich area with daily traffic counts of 36,800
  • Surrounded by major corporate neighbors and national hospitality brands

EXECUTIVE SUMMARY

Quakertown Plaza presents a prime opportunity for investors or owner-users to acquire two well-positioned three-story office buildings totaling 63,807 SF on bustling 12 Mile Road. Offered at just $36.92 per square foot—less than 25% of replacement cost—this is a rare chance to secure a significantly undervalued asset in one of Metro Detroit’s most desirable office submarkets.
Currently 60% leased, the property offers immediate in-place income with upside through lease-up, rebranding, and repositioning. Ideal for a user needing 10,000+ SF or a savvy investor looking to create long-term value through capital improvements, modernized design, or a new identity in this high-visibility corridor.
Recent ownership upgrades include heating and cooling system replacements and cosmetic enhancements, laying the groundwork for the next owner to elevate the property and maximize its potential.
Strategically located just off West 12 Mile Road, Quakertown Plaza sits in the heart of one of Farmington Hills’ most active office corridors, offering seamless access to I-696 and the greater Metro Detroit area. The property benefits from high daytime traffic and strong demographics, making it an ideal location for businesses seeking prominence and convenience.
Surrounded by major corporate neighbors such as First Merchants Bank Headquarters, and national hospitality brands like Residence Inn by Marriott, Courtyard by Marriott, and Holiday Inn & Suites, the site enjoys strong synergy with a variety of professional services and business travelers. Tenants and visitors alike will appreciate the walkable access to nearby restaurants, cafés, and daily conveniences, enhancing the overall appeal for future users or tenants.

PROPERTY FACTS

Price $2,350,000
Price / SF $42.55 / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 55,227 SF
Total Land Area 4.84 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Quakertown Plaza II
32985 Hamilton Ct, Farmington Hills, MI 48334
Office 30,000 SF 1975 -
Quakertown Plaza I
32969 Hamilton Ct, Farmington Hills, MI 48334
Office 25,227 SF 1975 -
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  • Listing ID: 33271787

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: Value-add Two-Building Office Complex, Farmington Hills, MI

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