Building Details

Building Size 21,580 SF

Listed By: Michael Beydoun Show Phone

Source: Elliman

Added: Mar 10 Changed: Sep 8 Last Checked: Sep 10 at 10:25AM

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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 Michael Beydoun

Investment Insights

Based on property information with market context.

This is a well-maintained industrial space featuring 10,790 square feet. The unit includes two 14x14 grade-level doors and heavy power. The property benefits from excellent exposure on a main road.

Key Highlights

• 10,790 sqft industrial space
• Excellent main road exposure
• Heavy power

Property Analytics

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Current Use

Elite Air Products Industrial Manufacturer

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Dental Office Nail Salon

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

$1.32 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

358

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 48122, MI

12,825

Population

4,693

Households

2.7

Avg Household Size

32

Median Age

15%

College-Educated

70%

High-School Grad

2.7 sq mi

ZIP Area

4,750

Density / Sq Mi

$41,356

Median Household Income

$30,744

Median Earnings

$1,116

Median Rent

$113,100

Median Home Value

Market

Lease Benchmarks for Melvindale, MI

$5.18 /SF/Yr

Avg Asking Price

$3.84–$7 /SF/Yr

Price Range

63,915 SF

Avg Space Size

This space is priced 70% above the average of $5.18 /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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties What are key features of this property?

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Industrial Warehouse with Grade-Level Doors

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Industrial Unit with Grade-Level Door

2-17950 Allen Rd, Melvindale, MI 48122

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Similar Off Market Nearby

• 1-800-Self-Storage.com — 19180 Allen Rd, Melvindale, MI 48122
• Public Storage — 3650 Enterprise Dr, Allen Park, MI 48101

Frequently Asked Questions

What type of property is this?

Warehouse - Clean industrial space with main road exposure and heavy power.

Where is this warehouse located?

The property is located at 17950 ALLEN Rd 1 Melvindale, MI.

What is the lease rate?

The lease rate is $7,900/Mo.

What are key features of this property?

This property features: 10,790 sqft industrial space; Excellent main road exposure; Heavy power