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Flex Building with R&D Lab
For Lease
$12 SF/Yr CAM $1.25 /USD/SF/YR

2011 Austin Dr, Troy, MI 48083

IB-zoned flex property with finished office space, temperature-controlled lab space, and loading access.

Space Size14,095 SF
Days on Market11

Property Features for 2011 Austin Dr

General Information

Standard status Active
Size 14,095 SF
Net Rentable 14,095 SF
Property subtype Industrial
Zoning IB - Integrated Industrial & Business
Lease Type NNN
Lease Term NNN

Space & Availability

Available Space 14,095 SF
Contiguous Space 14,095 SF
Space Use Flex

Lease Terms

Lease Rate $12 /USD/SF/YR
Monthly Rent $14,095
Rent per SF/Year $12
CAM $1.25 /USD/SF/YR

Warehouse & Industrial

Clear Height 12 ft
Office Build-Out 1,400 SF
Dock-High Doors 1
Drive-In Doors 2

Additional Details

Highway Access Yes

Amenities

Monument Signage
Building Signage
Security System

Building Details

Building Size 14,095 SF
Year Built 1974

Spaces For Lease

at 2011 Austin Dr Contact us

Full Building $12/SF/Yr

Size
14,095 SF
Type
Flex Space
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Name

Type
Space Type
Contact us
Listing Agency: Friedman Integrated Real Estate
Listed By: Zach Cummings
Source: Friedmanrealestate
Added: Aug 22 Changed: Aug 30 Last Checked: Aug 31 at 2:52PM

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 Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

This 14,095-square-foot flex building combines 1,400 square feet of finished office space with a 4,500-square-foot temperature-controlled lab and R&D area. The lab features epoxied floors, while the facility includes two grade-level doors, an exterior truckwell, and 11- to 12-foot clear height. A security system is installed, and the property was built in 1974.

The building provides monument signage at the front and building signage at the rear, along with ample parking. A 6,000-square-foot rear lot backs up to I-75. The property is zoned IB - Integrated Industrial & Business and is available for lease on an NNN structure.

Key Highlights

  • 14,095 SF flex building with 1,400 SF of finished office space
  • 4,500 SF temperature‑controlled lab/R&D area with epoxied floors
  • Two grade‑level doors and one exterior truckwell

Property Analytics

Current Use

Citywide Restoration, LLC Hardware & Home Improvement Finsilver Construction-Development Construction Company

Suggested Use

Top Pick Dental Office Grocery & Convenience Store Garden Center Nail Salon Restaurant Storage Facility

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

12 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby
Well-served
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

$12.78 /SF/Yr
Avg Asking Price
$8.95–$16.95 /SF/Yr
Price Range
19,586 SF
Avg Space Size

This space is priced 6% below the average of $12.78 /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
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Frequently Asked Questions

What type of property is this?
Flex space - IB-zoned flex property with finished office space, temperature-controlled lab space, and loading access.
Where is this flex space located?
The property is located at 2011 Austin Dr Troy, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 14,095 SF flex building with 1,400 SF of finished office space; 4,500 SF temperature‑controlled lab/R&D area with epoxied floors; Two grade‑level doors and one exterior truckwell
More about this property
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