Flex Space with Drive-In
For Lease
$8.95 SF/Yr
29401 Stephenson Highway, Madison Heights, MI 48071
Flex space offering ample parking, a single bay drive-in door, and a wide-open office layout that may be divided.
Space Size39,770 SF
Days on Market158
Property Features for 29401 Stephenson Highway
General Information
Standard status
Active
Size
39,770 SF
Class
C
Property subtype
Office - General Office
Additional Details
Drive-In Doors
1
Building Details
Building Size
39,770 SF
Year Built
1987
Spaces For Lease
at 29401 Stephenson Highway Contact us- Size
- 39,770 SF
- Type
- General Office
- Lease Type
- NNN
- Availability
- Immediate
- Sublease
- No
- Renewal Option
- Yes
Available Space $8.95/SF/Yr
Listing Agency:
Signature Associates
Listed By:
Peter Vanderkaay · License #6501388318
(248) 359-3837
Source:
Commercialcafe
Added: Apr 1
Changed: Aug 14
Last Checked: Jul 23 at 4:52PM
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
Investment Insights
Based on property information with market context.
This flex space provides immediate occupancy for approximately 20,000 to 39,770 square feet. The current layout features a wide-open office area, and the space could be divided by floor to accommodate changing tenant needs.
The property is offered with ample parking and drive-in access via a single bay door. In addition, the site plan is approved for self storage development.
Overall, the building is positioned to support flexible office-and-warehouse style operations, with an existing configuration that can be adapted through interior division and straightforward drive-in use.
The property is offered with ample parking and drive-in access via a single bay door. In addition, the site plan is approved for self storage development.
Overall, the building is positioned to support flexible office-and-warehouse style operations, with an existing configuration that can be adapted through interior division and straightforward drive-in use.
Key Highlights
- Built in 1987 flex space offering wide‑open office layout that may be divided by floor
- Available for approximately 20,000 to 39,770 sq. ft. of flex space
- Ample parking with a single bay door for drive‑in access
Property Analytics
Property Profile
Current Use
Lease Details
1
Drive-in doors
NNN (Triple Net)
Lease Type
$1.34 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48071, MI
28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value
Market
Lease Benchmarks for Madison Heights, MI
$10.18 /SF/Yr
Avg Asking Price
$6.75–$13 /SF/Yr
Price Range
27,923 SF
Avg Space Size
This space is priced 12% below the average of $10.18 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Flex space offering ample parking, a single bay drive-in door, and a wide-open office layout that may be divided.
Where is this flex space located?
The property is located at 29401 Stephenson Highway Madison Heights, MI.
What is the lease rate?
The lease rate is $8.95 SF/Yr.
What are key features of this property?
This property features: Built in 1987 flex space offering wide‑open office layout that may be divided by floor; Available for approximately 20,000 to 39,770 sq. ft. of flex space; Ample parking with a single bay door for drive‑in access
