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Renovated Flex Warehouse with Office
For Lease
$8.50 SF/Yr

23460 Industrial Park Dr, Farmington Hills, MI 48335

Modern, recently renovated flex space offering warehouse and office space on 1.28 acres.

Space SizeContact for details
Lot Size1.28 Acres
Days on Market66

Property Features for 23460 Industrial Park Dr

General Information

Standard status Active
Lot size 1.28 Acres
Property subtype Industrial
Zoning FRW-2
Listing Agency: Colliers
Listed By: Peter J. Kepic
Source: Cpix.resimplifi
Added: Jul 6 Changed: Sep 8 Last Checked: Sep 8 at 3:27AM

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 Colliers

Investment Insights

Based on property information with market context.

This recently renovated corporate image flex facility includes 9,000 SF of warehouse space and 3,000 SF of office space within a total 12,000 SF offering. The property is described as modern and is available for lease.

The building sits on 1.28 acres at 23460 Industrial Park Dr in Farmington Hills, MI, within a corporate image industrial park setting.

The available configuration provides a dedicated split between warehouse operations and an office component, supporting a flexible business layout within the same facility.

Key Highlights

  • 12,000 SF available on 1.28 acres in a corporate image industrial park
  • 9,000 SF warehouse space plus 3,000 SF office space
  • Modern office space that has been recently renovated

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Restaurant 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
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

794
Businesses Nearby
Under-served
Demand for This Use

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

$11.97 /SF/Yr
Avg Asking Price
$7.5–$15.68 /SF/Yr
Price Range
14,309 SF
Avg Space Size

This space is priced 29% below the average of $11.97 /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
Questions? Ask Rey
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Similar Off Market Nearby

  • Chrissy Catering 37260 Eisenhower Ct, Farmington, MI 48335

Frequently Asked Questions

What type of property is this?
Flex space - Modern, recently renovated flex space offering warehouse and office space on 1.28 acres.
Where is this flex space located?
The property is located at 23460 Industrial Park Dr Farmington Hills, MI.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: 12,000 SF available on 1.28 acres in a corporate image industrial park; 9,000 SF warehouse space plus 3,000 SF office space; Modern office space that has been recently renovated
More about this property
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