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Industrial Flex Warehouse
For Lease
$8.15 SF/Yr

21286-21555 Melrose Ave, Southfield, MI 48075

Hi-tech office and R&D flex buildings with 16' clear ceilings, overhead doors, and abundant onsite parking.

Space SizeContact for details
Property Size357,740 SF
Days on Market216

Property Features for 21286-21555 Melrose Ave

General Information

Standard status Active
Size 357,740 SF
Property subtype Industrial
Zoning I-L

Building Details

Building Size 357,740 SF
Listing Agency: Friedman Integrated Real Estate
Listed By: Glenn N. DesRosiers
Source: Cpix.resimplifi
Added: Feb 3 Changed: Aug 22 Last Checked: Sep 7 at 4:38AM

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.

The property offers hi-tech office and R&D flex buildings configured for industrial and warehouse-style use, with 16' clear height ceilings and overhead doors. Building signage is available, and leasehold improvements are available to support tenant customization.

The site is centrally located with proximity to major expressways, including I-75, I-696, and M-10. Onsite security is provided, along with 24-hour access, seven days per week. Abundant onsite parking supports daily operations and visitor access.

Available access and building-ready features make the property suited to tenants looking for a flexible industrial environment that also includes office and R&D space.

Key Highlights

  • Hi‑tech office and R&D/flex buildings with 16' clear height ceilings and overhead doors
  • Abundant onsite parking
  • Onsite security with 24/7 access, 7 days per week

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Spa & Massage Center

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
$1.22 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48075, MI

22,967
Population
10,757
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
95%
High-School Grad
7.3 sq mi
ZIP Area
3,146
Density / Sq Mi
$67,630
Median Household Income
$43,417
Median Earnings
$1,284
Median Rent
$218,900
Median Home Value

Market

Lease Benchmarks for Southfield, MI

$11.26 /SF/Yr
Avg Asking Price
$8.15–$17.14 /SF/Yr
Price Range
59,126 SF
Avg Space Size

This space is priced 28% below the average of $11.26 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Hi-tech office and R&D flex buildings with 16' clear ceilings, overhead doors, and abundant onsite parking.
Where is this flex space located?
The property is located at 21286-21555 Melrose Ave Southfield, MI.
What is the lease rate?
The lease rate is $8.15 SF/Yr.
What are key features of this property?
This property features: Hi‑tech office and R&D/flex buildings with 16' clear height ceilings and overhead doors; Abundant onsite parking; Onsite security with 24/7 access, 7 days per week
More about this property
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