Industrial Property with Modern
23936 Industrial Park Dr, Farmington Hills, MI 48335
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Industrial property featuring renovated office space and warehouse upgrades.
Type:Industrial
Property size:
20,968 SFPrice / SF:
$119/SF- Added:
- Sep 22, 2025
- Days on Market:
- 234
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 23936 Industrial Park Dr
General Information
- Standard status
- Active
- Size
- 20,968 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1968
Listing agent Lance Seba License #6506049502
Listing office Brookstone (248) 704-6000
Listing date Sep 22, 2025
Source Crexi
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 Brookstone
HighLights
- High Income Potential: Generating an 8% cap rate with tenant willing to sign a minimum three‑year lease.
- Strategic Location: Located in a distinguished industrial park with easy access to major highways.
- Flexible Usage: Available vacant at closing or continue with the existing tenant.
- Modern, Renovated Office Space: Featuring 3,000 sq. ft. of completely renovated office space.
- Enhanced Security: Equipped with a state‑of‑the‑art 32‑channel NVR camera system, alarm, and real‑time access point doors.
- Upgraded Warehouse: Includes new commercial fans, efficient LED lighting throughout, and new outdoor solar‑powered lighting.
Overview
This industrial property is situated in an industrial park, providing access to major highways. The property includes 3,000 sq. ft. of office space that has been renovated. The office area is furnished with custom desks and conference tables. The warehouse features new commercial fans and LED lighting throughout the entire building, including new outdoor solar power lighting. A 32 channel NVR camera system, alarm, and real-time access point doors are installed. The property is currently tenant-occupied, producing an 8% cap rate on a month-to-month lease. The tenant is willing to sign a minimum three-year lease at closing. There is also the option to deliver the property vacant at closing for an owner-user. The property size is 20,968 sq. ft.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Office Units
Similar Places Nearby
- Extra Space Storage — 38875 Grand River Ave, Farmington, MI 48335
- Carbon Yard LLC — 37085 Grand River Ave Ste 133, Farmington, MI 48335
- 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
Location Insight
- Map
- Local Demand
- City
- Farmington Hills
- County
- Oakland
- State
- Michigan
- Longitude
- -83.4230842
- Latitude
- 42.4643796
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FAQs
What type of property is this?
Warehouse - Industrial property featuring renovated office space and warehouse upgrades.
Where is this warehouse located?
The property is located at 23936 Industrial Park Dr Farmington Hills, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High Income Potential: Generating an 8% cap rate with tenant willing to sign a minimum three‑year lease.; Strategic Location: Located in a distinguished industrial park with easy access to major highways.; Flexible Usage: Available vacant at closing or continue with the existing tenant.
