23936 Industrial Park Dr Farmington Hills, MI 48335
Industrial property featuring renovated office space and warehouse upgrades.
Property size:
20,968 SFLot size:
1.10 AcresProperty Features for 23936 Industrial Park Dr
General Information
- Standard status
- Active
- Zoning
- L-1
- Size
- 20,968 SF
- Lot size
- 1.10 Acres
Building Details
- Year built
- 1968
Source:
Crexi
Listing Agency: Brookstone Listing Agent: Lance Seba
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Industrial Property with Modern Office
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.
Location Intelligence
Current Use by Public Records
Office Units
Similar Places Nearby
Extra Space Storage, Carbon Yard LLC, North American Van Lines, University Moving and Storage, Corrigan Moving Systems
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 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.
