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Warehouse Space for Lease
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 Market917

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
Source: Cpix.resimplifi
Added: Mar 4, 2024 Changed: Sep 5 Last Checked: Sep 7 at 4:32AM

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

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.

Key Highlights

  • Warehouse space available for lease at 395‑407 Elmwood Dr, Troy, MI
  • Year built: 1980

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Bakery

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
$1.69 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,176
Businesses Nearby
Balanced
Demand for This Use

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

$10.48 /SF/Yr
Avg Asking Price
$5.75–$15 /SF/Yr
Price Range
20,923 SF
Avg Space Size

This space is priced 7% above the average of $10.48 /SF/Yr.

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
More about this property
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