Building Details

Year Built 1988

Listing Agency: Coldwell Banker Haynes Real Estate Commercial c***@colemcnew.com Show Phone

Listed By: Cole McNew · License #6501447424 Show Phone

Source: Elliman

Added: Jul 30 Changed: Jul 31 Last Checked: Aug 1 at 4:11AM

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Investment Insights

Based on property information with market context.

Available for lease as one package, this flex space includes two adjacent commercial buildings with nearly 9,000 square feet of combined warehouse and commercial space on approximately 0.81 acres. Built in 1988, the property offers flexible layouts incorporating warehouse, shop, storage, and office areas.

Ample outdoor space supports parking, equipment storage, and vehicle access. The property is located in the Village of Carleton with access to I-275, I-75, and US-24, providing connections throughout Southeast Michigan.

Key Highlights

• Two adjacent commercial buildings offered together as one package
• Nearly 9,000 square feet of combined warehouse and commercial space
• Approximately 0.81 acres with outdoor space for parking and equipment storage

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office HVAC Service Hair Salon Building Supply Pharmacy Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

126

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 48117, MI

10,154

Population

4,316

Households

2.4

Avg Household Size

46

Median Age

14%

College-Educated

92%

High-School Grad

54.1 sq mi

ZIP Area

188

Density / Sq Mi

$76,600

Median Household Income

$52,338

Median Earnings

$1,081

Median Rent

$276,600

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Flex space - Two adjacent buildings offer warehouse, shop, storage, and office configurations with outdoor vehicle access.

Where is this flex space located?

The property is located at 12517 Mill St Carleton, MI.

What is the lease rate?

The lease rate is $10,000 /Mo.

What are key features of this property?

This property features: Two adjacent commercial buildings offered together as one package; Nearly 9,000 square feet of combined warehouse and commercial space; Approximately 0.81 acres with outdoor space for parking and equipment storage