Listing Agency: CBRE | Detroit p***@cbre.com Show Phone

Listed By: Philip Sprague · License #6501353329 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 8 Last Checked: Aug 8 at 12:14PM

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Investment Insights

Based on property information with market context.

This property offers 8,746 square feet of warehouse space. It is located in Farmington Hills, Michigan.

Key Highlights

• 8,746 SF warehouse space available

Property Analytics

Property Profile

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Pharmacy Nail Salon Skin Care Clinic

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

$1.34 /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

Market

Lease Benchmarks for Farmington Hills, MI

$13.03 /SF/Yr

Avg Asking Price

$7.95–$40.83 /SF/Yr

Price Range

16,859 SF

Avg Space Size

This space is priced 31% below the average of $13.03 /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

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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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Frequently Asked Questions

What type of property is this?

Warehouse - 8,746 SF warehouse space available for lease.

Where is this warehouse located?

The property is located at 23370 Commerce Drive Farmington Hills, MI.

What is the lease rate?

The lease rate is $8.95 SF/Yr.

What are key features of this property?

This property features: 8,746 SF warehouse space available