Industrial Warehouse for
For Lease
$10.50 SF/Yr
23847 Industrial Park Drive, Farmington Hills, MI 48335
Industrial warehouse/distribution facility available for lease at 23847 Industrial Park Drive in Farmington Hills, MI.
Space Size38,550 SF
Days on Market122
Property Features for 23847 Industrial Park Drive
General Information
Standard status
Active
Size
38,550 SF
Class
B
Property subtype
Industrial - Warehouse/Distribution
Building Details
Building Size
38,561 SF
Year Built
1968
Spaces For Lease
at 23847 Industrial Park Drive
Full Building
$10.50/SF/Yr
Size
38,550 SF
Type
Warehouse/Distribution
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Listing Agency:
Signature Associates
Listed By:
Jeffrey Lemanski
(248) 359-0641
Source:
Commercialcafe
Added: Jun 25
Changed: Oct 10
Last Checked: Oct 23 at 3:57AM
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
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Investment Insights
Based on property information with market context.
This industrial warehouse/distribution center is available for lease and is well-suited for day-to-day logistics and storage needs. The property falls within the warehouse and industrial property category and is presented as a commercial real estate offering for tenants seeking an industrial facility.
Located at 23847 Industrial Park Drive in Farmington Hills, Michigan, the site is positioned within an industrial setting, offering a straightforward option for businesses looking to rent an industrial warehouse space.
Additional details such as building specifications, space configuration, and terms were not provided in the available information. For leasing specifics, please contact the listing broker to confirm availability and requirements.
Located at 23847 Industrial Park Drive in Farmington Hills, Michigan, the site is positioned within an industrial setting, offering a straightforward option for businesses looking to rent an industrial warehouse space.
Additional details such as building specifications, space configuration, and terms were not provided in the available information. For leasing specifics, please contact the listing broker to confirm availability and requirements.
Key Highlights
- Industrial warehouse/distribution facility available for lease
- 23847 Industrial Park Drive, Farmington Hills, MI
- Built in 1968
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.58 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Well-served
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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Market
Lease Benchmarks for Farmington Hills, MI
$10.18 /SF/Yr
Avg Asking Price
$7.5–$15 /SF/Yr
Price Range
16,204 SF
Avg Space Size
This space is priced 3% above the average of $10.18 /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 - Industrial warehouse/distribution facility available for lease at 23847 Industrial Park Drive in Farmington Hills, MI.
Where is this warehouse located?
The property is located at 23847 Industrial Park Drive Farmington Hills, MI.
What is the lease rate?
The lease rate is $10.50 SF/Yr.
What are key features of this property?
This property features: Industrial warehouse/distribution facility available for lease; 23847 Industrial Park Drive, Farmington Hills, MI; Built in 1968
