Madison Heights, MI Flex Space for Lease
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Flex space for Lease in Nearby Cities
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Madison Heights, MI Flex space Lease Rates & Market Statistics
Explore 11 Flex space listings for lease in Madison Heights, MI on Realmo, a commercial real estate exchange covering the Madison Heights area. The current inventory totals 197,768 square feet of properties — an average of ~18,000 SF per listing.
Flex space lease rates in Madison Heights range from $6.75 SF/Yr at the entry level to $13 SF/Yr at the top of the market, averaging $9.95 SF/Yr. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. The local average of $9.95 SF/Yr is 10% below the Michigan state average of $11.01 SF/Yr.
Madison Heights accounts for 6% of the 171 flex space listings currently available across Oakland County, where nearby markets include Troy and Farmington Hills. Flex space listings make up 58% of the 19 Industrial properties currently for lease in Madison Heights, with asking rates in line with the citywide Industrial properties average. Also worth a look for tenants weighing alternatives: Manufacturing properties (6 listings) and Distribution centers (3 listings) elsewhere in the Madison Heights market.