Three-Story Office
For Sale
Contact for pricing
11355 Stephens Rd, Warren, MI 48089
Elevator-served property with gated parking, monument signage, and perimeter private offices.
Property Size25,150 SF
Price / SF$0.00
Days on Market354
Property Features for 11355 Stephens Rd
General Information
Standard status
Active
Size
25,150 SF
Elevators
Yes
Property subtype
Office
Zoning
M-2
Additional Details
Asking Price
$1,190,000
Highway Access
Yes
Amenities
private gated entrance
monument signage
Building Details
Building Size
25,150 SF
Buildings
1
Stories
3
Listing Agency:
Burger & Company
Listed By:
Joseph G Pellerito
(248) 417-8246
Source:
Cpix.resimplifi
Added: Nov 12, 2025
Changed: Oct 31
Last Checked: Nov 1 at 2:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Burger & Company
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Investment Insights
Based on property information with market context.
Offered for sale, this 25,150-square-foot office building is arranged across three floors and includes elevator service. The interior combines an open office layout with private offices positioned along the perimeter, plus approximately 5,000 square feet of premium lower-level space. A gated entrance, on-site parking lot, and monument signage are also part of the property improvements.
The property is located at 11355 Stephens Rd in Warren, Michigan, with access to I-696, Mound Road, Van Dyke Avenue, and Grosebeck Highway. M-2 zoning is identified for the site.
The property is located at 11355 Stephens Rd in Warren, Michigan, with access to I-696, Mound Road, Van Dyke Avenue, and Grosebeck Highway. M-2 zoning is identified for the site.
Key Highlights
- 25,150‑square‑foot office building across three floors
- Approximately 5,000 square feet of premium lower level space
- Open office layout with private perimeter offices
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$270,588
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,411,760
$5.4M
Cap Rate 7%
$3,865,543
$3.9M
Cap Rate 9%
$3,006,533
$3.0M
Market Conditions
NOI Build-Up for 25,150 SF
Gross rent
$410.4K $16.32/SF
− Vacancy
−$49.7K −$1.97/SF
EGI
$360.8K $14.35/SF
− OpEx
−$90.2K −$3.59/SF
NOI
$270.6K $10.76/SF
Area
Warren, MI
Vacancy
12.10%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,411,760
Cap Rate 7%
$3,865,543
Cap Rate 9%
$3,006,533
Alternative Uses
Best Use
Office B
$3.87M
$3.38M – $4.51M
NOI $270,588 @ 7.0% cap · market cap 3,607,840.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.55M
$4.85M – $6.47M
NOI $388,373 @ 7.0% cap · market cap 5,178,306.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
Demographics for 48089, MI
32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Elevator-served property with gated parking, monument signage, and perimeter private offices.
Where is this office building located?
The property is located at 11355 Stephens Rd Warren, MI.
What are key features of this property?
This property features: 25,150‑square‑foot office building across three floors; Approximately 5,000 square feet of premium lower level space; Open office layout with private perimeter offices
