Warehouse Space for
For Lease
$11.25 SF/Yr
395-407 Elmwood Dr, Troy, MI 48083
Warehouse space available for lease at 395-407 Elmwood Dr in Troy, MI.
Space SizeContact for details
Property Size18,048 SF
Days on Market963
Property Features for 395-407 Elmwood Dr
General Information
Standard status
Active
Size
18,048 SF
Property subtype
Industrial
Zoning
Industrial
Building Details
Building Size
18,048 SF
Year Built
1980
Buildings
1
Listing Agency:
Signature Associates - Southfield
Listed By:
Kris R. Pawlowski · License #6501292698
(248) 359-3801
Source:
Cpix.resimplifi
Added: Mar 4, 2024
Changed: Oct 7
Last Checked: Oct 23 at 3:33AM
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 Signature Associates - Southfield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering provides warehouse space available for lease at 395-407 Elmwood Dr in Troy, MI. The property is sized at approximately 18,048 square feet and is listed under commercial real estate with a warehouse focus.
The asset is located at 395-407 Elmwood Dr, Troy, MI 48083. No additional improvements, unit configuration, or specific loading or utility details are provided in the information available.
Interested parties should confirm current building features and lease terms directly with the listing broker.
The asset is located at 395-407 Elmwood Dr, Troy, MI 48083. No additional improvements, unit configuration, or specific loading or utility details are provided in the information available.
Interested parties should confirm current building features and lease terms directly with the listing broker.
Key Highlights
- Warehouse space available for lease at 395‑407 Elmwood Dr, Troy, MI
- Year built: 1980
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.69 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,176
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48083, MI
24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
Median Home Value
Market
Lease Benchmarks for Troy, MI
$10.83 /SF/Yr
Avg Asking Price
$5.75–$15 /SF/Yr
Price Range
23,633 SF
Avg Space Size
This space is priced 4% above the average of $10.83 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Elmwood Garage Classic Car Storage — 671 E Elmwood Ave, Troy, MI 48083
- Snell Self Storage — 1227 Rochester Rd, Troy, MI 48083
- SmartStop Self Storage — 262 E Maple Rd, Troy, MI 48083
- Public Storage — 322 E Maple Rd, Troy, MI 48083
- TROY INDOOR STORAGE — 1934 Heide St #100, Troy, MI 48084
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse space available for lease at 395-407 Elmwood Dr in Troy, MI.
Where is this warehouse located?
The property is located at 395-407 Elmwood Dr Troy, MI.
What is the lease rate?
The lease rate is $11.25 SF/Yr.
What are key features of this property?
This property features: Warehouse space available for lease at 395‑407 Elmwood Dr, Troy, MI; Year built: 1980
