Industrial Condo Units with 16’
For Sale
Contact for pricing
40421-40477 Mound Rd, Sterling Heights, MI 48310
Industrial condo units with 16’ clear height and office space, offered with a NNN structure and straightforward access along Mound Road.
Property Size16,380 SF
Days on Market95
Property Features for 40421-40477 Mound Rd
General Information
Standard status
Active
Size
16,380 SF
Property subtype
Industrial
Additional Details
Road Access
Yes
Clear Height
16 ft
Building Details
Building Size
16,380 SF
Year Built
2022
Listing Agency:
Lee & Associates of Michigan
Listed By:
Giancarlo Pinterpe
(248) 561-5748
Source:
Lee-associates
Added: Jun 3
Changed: Aug 26
Last Checked: Sep 4 at 5:59AM
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 Lee & Associates of Michigan
Investment Insights
Based on property information with market context.
This offering features industrial flex-style condo units with warehouse space and office that can be tailored to tenant needs. The facilities provide 16-foot clear height and are designed for users who want both functional storage/production space and dedicated office support. A 90-day occupancy timeline is available, supporting efficient move-ins for qualified tenants.
The property has frontage and easy access to Mound Road, which can be helpful for daily operations, deliveries, and customer-facing requirements. Lease structure is NNN, with pricing that escalates annually and is subject to a 5+ year lease term.
For tenants and owner-operators evaluating industrial space with office flexibility, these condo units offer a practical combination of clear-height warehouse capability and customizable office layout. The condo format can also appeal to businesses seeking to secure their space under a longer-term NNN structure while maintaining operational control over the space they occupy.
The property has frontage and easy access to Mound Road, which can be helpful for daily operations, deliveries, and customer-facing requirements. Lease structure is NNN, with pricing that escalates annually and is subject to a 5+ year lease term.
For tenants and owner-operators evaluating industrial space with office flexibility, these condo units offer a practical combination of clear-height warehouse capability and customizable office layout. The condo format can also appeal to businesses seeking to secure their space under a longer-term NNN structure while maintaining operational control over the space they occupy.
Key Highlights
- $10/SF NNN Year 1, $12/SF NNN Year 2, $14.50/SF NNN Year 3 with 4% annual increases (subject to a 5+ year lease term)
- Industrial condo units now available for sale: 4,095 SF or 8,190 SF combined available
- 16’ clear height
Property Analytics
Property Profile
Current Use
Lease Details
16 ft
Clear height
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48310, MI
43,709
Population
15,399
Households
2.8
Avg Household Size
41
Median Age
28%
College-Educated
83%
High-School Grad
8.8 sq mi
ZIP Area
4,967
Density / Sq Mi
$77,851
Median Household Income
$35,457
Median Earnings
$1,368
Median Rent
$263,100
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial condo units with 16’ clear height and office space, offered with a NNN structure and straightforward access along Mound Road.
Where is this flex space located?
The property is located at 40421-40477 Mound Rd Sterling Heights, MI.
What are key features of this property?
This property features: $10/SF NNN Year 1, $12/SF NNN Year 2, $14.50/SF NNN Year 3 with 4% annual increases (subject to a 5+ year lease term); Industrial condo units now available for sale: 4,095 SF or 8,190 SF combined available; 16’ clear height
