Quakertown Plaza: Strategic Two-building Office Asset | Value-Add Opportunity

Highlights:

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

Description:

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, east of Farmington 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 of 36,800 vehicles per day 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.

For owner-occupiers, Quakertown Plaza offers excellent street presence on 12 Mile Road, plus access to a shared monument sign at the signalized boulevard entrance, ensuring optimal visibility and branding potential.

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