Farmington Hills Warehouse
For Lease
$8.25 SF/Yr
23028 Commerce Drive, Farmington Hills, MI 48335
20,265 sq ft warehouse space available for lease.
Space SizeContact for details
Days on Market341
Property Features for 23028 Commerce Drive
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
CBRE
Listed By:
Philip Sprague · License #6501353329
(248) 351-2032
Source:
Cbre
Added: Nov 22, 2025
Changed: Oct 26
Last Checked: Oct 28 at 6:08AM
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 CBRE
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Investment Insights
Based on property information with market context.
This industrial property, located in Farmington Hills, Michigan, offers 20,265 square feet of warehouse space for rent. The property is suitable for warehouse and industrial use.
Key Highlights
- 20,265 sq ft warehouse space
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.24 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
851
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48335, MI
25,618
Population
11,964
Households
2.1
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
7.2 sq mi
ZIP Area
3,558
Density / Sq Mi
$96,359
Median Household Income
$66,646
Median Earnings
$1,451
Median Rent
$366,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Farmington Hills, MI
$10.66 /SF/Yr
Avg Asking Price
$7.5–$15 /SF/Yr
Price Range
17,511 SF
Avg Space Size
This space is priced 23% below the average of $10.66 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- North American Van Lines — 23305 Commerce Dr #100, Farmington Hills, MI 48335
- University Moving and Storage — 23305 Commerce Dr #100, Farmington Hills, MI 48335
- Corrigan Moving Systems — 23923 Research Dr, Farmington Hills, MI 48335
- Extra Space Storage — 38875 Grand River Ave, Farmington, MI 48335
- Carbon Yard LLC — 37085 Grand River Ave Ste 133, Farmington, MI 48335
Frequently Asked Questions
What type of property is this?
Warehouse - 20,265 sq ft warehouse space available for lease.
Where is this warehouse located?
The property is located at 23028 Commerce Drive Farmington Hills, MI.
What is the lease rate?
The lease rate is $8.25 SF/Yr.
What are key features of this property?
This property features: 20,265 sq ft warehouse space
