Office/Warehouse Flex
For Lease
$12 SF/Yr
23943 Industrial Park Dr, Farmington Hills, MI 48335
The property combines office and warehouse areas within an I-1-zoned block building.
Space SizeContact for details
Property Size5,000 SF
Days on Market189
Property Features for 23943 Industrial Park Dr
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Industrial
Zoning
I-1
Building Details
Building Size
5,000 SF
Year Built
1970
Buildings
1
Stories
1
Listing Agency:
Thomas A. Duke Company
(248) 476-3700
Listed By:
Eric Szerlag · License #6501343471
(248) 476-3700
Source:
Cpix.resimplifi
Added: Feb 24
Changed: Aug 29
Last Checked: Aug 29 at 2:00PM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
This 5,000sf flex building offers a combination of office and warehouse space within a block construction facility. The property includes one 12' overhead door and a glass curtain wall at the front entrance. Built in 1970, the building is zoned I-1 for industrial use.
Located on Industrial Park Drive in Farmington Hills, the property provides access to M-5, I-275, and I-96. The surrounding roadway network includes 10 Mile Road, with reported traffic of 19,000+ vehicles per day, and Grand River, with reported traffic of 34,000+ vehicles per day.
Located on Industrial Park Drive in Farmington Hills, the property provides access to M-5, I-275, and I-96. The surrounding roadway network includes 10 Mile Road, with reported traffic of 19,000+ vehicles per day, and Grand River, with reported traffic of 34,000+ vehicles per day.
Key Highlights
- 5,000sf block building with office and warehouse space
- I‑1 industrial zoning
- One 12' overhead door
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
898
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
Market
Lease Benchmarks for Farmington Hills, MI
$12.31 /SF/Yr
Avg Asking Price
$7.5–$15.68 /SF/Yr
Price Range
13,692 SF
Avg Space Size
This space is priced 2% below the average of $12.31 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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 - The property combines office and warehouse areas within an I-1-zoned block building.
Where is this flex space located?
The property is located at 23943 Industrial Park Dr Farmington Hills, MI.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: 5,000sf block building with office and warehouse space; I‑1 industrial zoning; One 12' overhead door
