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Farmington Hills Flex/Industrial Space
For Lease
$8.25 SF/Yr

24025 Research Drive, Farmington Hills, MI 48335

Flex/industrial space available for lease in Farmington Hills, MI.

Space SizeContact for details
Days on Market264

Property Features for 24025 Research Drive

General Information

Standard status Active
Property subtype FlexIndustrial
Listing Agency: CBRE | Detroit
Listed By: Philip Sprague · License #6501353329
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 12 at 6:04AM

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 CBRE | Detroit

Investment Insights

Based on property information with market context.

This flex/industrial property offers 2,444 square feet of space and is available for rent. Located in Farmington Hills, Michigan, the property is suitable for a variety of business operations.

Key Highlights

  • Flex/industrial space available for lease.
  • Located in Farmington Hills, MI.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage Nail Salon Skin Care Clinic Garden Center

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
$1.24 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,071
Businesses Nearby
Balanced
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

$11.58 /SF/Yr
Avg Asking Price
$7.5–$15.68 /SF/Yr
Price Range
11,806 SF
Avg Space Size

This space is priced 29% below the average of $11.58 /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
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Frequently Asked Questions

What type of property is this?
Flex space - Flex/industrial space available for lease in Farmington Hills, MI.
Where is this flex space located?
The property is located at 24025 Research Drive Farmington Hills, MI.
What is the lease rate?
The lease rate is $8.25 SF/Yr.
What are key features of this property?
This property features: Flex/industrial space available for lease.; Located in Farmington Hills, MI.
More about this property
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