Freestanding Retail/Flex
For Lease
$17.14 SF/Yr
23389 Telegraph Rd, Southfield, MI 48033
Freestanding retail-flex building with rear bay door and 10 on-site parking spaces, plus additional fenced yard.
Space SizeContact for details
Days on Market166
Property Features for 23389 Telegraph Rd
General Information
Standard status
Active
Property subtype
Retail, Industrial
Zoning
I-1
Listing Agency:
Forward Commercial Group
Listed By:
Emil Cherkasov · License #6502392741
(248) 662-5066
Source:
Cpix.resimplifi
Added: Mar 25
Changed: Aug 8
Last Checked: Sep 5 at 3:40AM
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 Forward Commercial Group
Investment Insights
Based on property information with market context.
Freestanding retail/flex building offering a small shop area with a bay door in the rear. The property also includes signage for visibility and rear-access convenience, along with parking located directly in the rear of the building.
Located on busy Telegraph Road at 23389 Telegraph Rd, Southfield, MI 48033, the building is positioned for strong exposure. Parking includes 10 spaces directly in the rear, with additional fenced spaces available for overflow or on-site storage. The configuration supports a range of setups, including retail, flex, office, and warehouse uses as described in the available materials.
Located on busy Telegraph Road at 23389 Telegraph Rd, Southfield, MI 48033, the building is positioned for strong exposure. Parking includes 10 spaces directly in the rear, with additional fenced spaces available for overflow or on-site storage. The configuration supports a range of setups, including retail, flex, office, and warehouse uses as described in the available materials.
Key Highlights
- Freestanding retail/flex building on busy Telegraph Road with high visibility and signage
- Flexible use layout for retail, flex, office, or warehouse
- Small shop area with rear bay door for loading or access
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.57 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
477
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48033, MI
17,207
Population
9,198
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
1,891
Density / Sq Mi
$55,599
Median Household Income
$45,192
Median Earnings
$1,242
Median Rent
$195,100
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 52% above the average of $11.26 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Reva Constantine Events — 24101 W Nine Mile Rd, Southfield, MI 48033
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding retail-flex building with rear bay door and 10 on-site parking spaces, plus additional fenced yard.
Where is this flex space located?
The property is located at 23389 Telegraph Rd Southfield, MI.
What is the lease rate?
The lease rate is $17.14 SF/Yr.
What are key features of this property?
This property features: Freestanding retail/flex building on busy Telegraph Road with high visibility and signage; Flexible use layout for retail, flex, office, or warehouse; Small shop area with rear bay door for loading or access
