Friedman Real Estate Brokers $3.9M Sale Of Retail Building Occupied By First Independence Bank

A retail asset located at 100 Michigan Avenue in Farmington Hills, MI was sold for $3,900,000. The property spans 20,750 square feet, resulting in a price per square foot of $188. The building is occupied by First Independence Bank.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,900,000
• Square Footage: 20,750
• Address: 100 Michigan Avenue
• Market: Farmington Hills, MI
• Price Per Square Foot: $188

The transaction was brokered by Friedman Real Estate, with Andrew Bower, Steve Eisenshtadt, and Peter Jankowski representing the seller in the deal.