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Light Industrial Warehouse Space
For Lease
$6.95 SF/Yr

23100-23300 Coolidge Hwy, Oak Park, MI 48237

Light industrial warehouse space suitable for contractors or distribution tenants in Oak Park.

Space SizeContact for details
Property Size33,814 SF
Days on Market53

Property Features for 23100-23300 Coolidge Hwy

General Information

Standard status Active
Size 33,814 SF
Total Parking Spaces 165
Property subtype Industrial
Zoning B-2

Building Details

Building Size 33,814 SF
Year Built 1960
Listing Agency: Signature Associates - Southfield
Listed By: Marvin Petrous · License #6501386692
Source: Cpix.resimplifi
Added: Jun 29 Changed: Aug 14 Last Checked: Aug 20 at 4:05AM

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 - Southfield

Investment Insights

Based on property information with market context.

This offering presents light industrial warehouse and distribution space designed to support contractor and logistics-style operations. The property is configured for warehouse/distribution use, offering practical space for businesses that need room to store materials and manage day-to-day work.

Located at 23100-23300 Coolidge Hwy in Oak Park, the space benefits from a central business district setting. Its placement along a major corridor can be useful for tenants that want straightforward access for employees, deliveries, and routine business traffic.

For tenants seeking warehouse or distribution capacity, this facility aligns well with contractor-oriented requirements and general distribution use. Leasing this space may be a fit for organizations looking for dedicated light industrial warehouse/distribution premises in Oak Park, with the convenience of a downtown-style location for their operations.

Key Highlights

  • Light industrial warehouse space suitable for contractor or distribution tenants in Oak Park
  • Built in 1960
  • Located in Oak Park’s Central Business District

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Accounting Firm (Bike/Boat/Book/etc) Store

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
$1.04 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48237, MI

29,560
Population
13,036
Households
2.3
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
5.1 sq mi
ZIP Area
5,796
Density / Sq Mi
$65,882
Median Household Income
$44,992
Median Earnings
$1,354
Median Rent
$198,500
Median Home Value

Market

Lease Benchmarks for Oak Park, MI

$10.21 /SF/Yr
Avg Asking Price
$6.95–$14.3 /SF/Yr
Price Range
17,592 SF
Avg Space Size

This space is priced 32% below the average of $10.21 /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?
Warehouse - Light industrial warehouse space suitable for contractors or distribution tenants in Oak Park.
Where is this warehouse located?
The property is located at 23100-23300 Coolidge Hwy Oak Park, MI.
What is the lease rate?
The lease rate is $6.95 SF/Yr.
What are key features of this property?
This property features: Light industrial warehouse space suitable for contractor or distribution tenants in Oak Park; Built in 1960; Located in Oak Park’s Central Business District
More about this property
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