Industrial Manufacturing
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34335 GROESBECK HWY, Clinton Township, MI 48035
Single or multi-tenant industrial building built in 1971 with approximately 20,000 SF of space in Clinton Township, MI.
Property Size20,000 SF
Price / SF$80
Days on Market4
Property Features for 34335 GROESBECK HWY
General Information
Standard status
Active
Size
20,000 SF
Property subtype
Industrial
Building Details
Year Built
1971
Buildings
1
Building Size
20,000 SF
Listing Agency:
White Horse Real Estate
Listed By:
Josh Miller · License #6502428120
Source:
Crexi
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 30 at 5:57AM
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 White Horse Real Estate
Investment Insights
Based on property information with market context.
Industrial manufacturing building offering approximately 20,000 SF of single or multi-tenant space. The property was built in 1971, providing an established industrial footprint suited to a range of light manufacturing or distribution-style requirements.
Located at 34335 Groesbeck Hwy in Clinton Township, MI 48035, the building’s straightforward industrial configuration can support tenants seeking a flexible layout within a dedicated facility.
This offering is positioned as a single or multi-tenant industrial option, depending on how the space is operated and configured for the end user or tenant mix.
Located at 34335 Groesbeck Hwy in Clinton Township, MI 48035, the building’s straightforward industrial configuration can support tenants seeking a flexible layout within a dedicated facility.
This offering is positioned as a single or multi-tenant industrial option, depending on how the space is operated and configured for the end user or tenant mix.
Key Highlights
- Approximately 20,000 SF industrial manufacturing building
- Single or multi‑tenant configuration
- Built in 1971
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.2k | $8.16 |
| − Vacancy | −$9.1k | −$0.46 |
| EGI | $154.1k | $7.70 |
| − OpEx | −$46.2k | −$2.31 |
| NOI | $107.8k | $5.39 |
20,000 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.54M
$1.35M – $1.80M
NOI $107,843 @ 7.0% cap · market cap 6.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.74M
$3.28M – $4.37M
NOI $262,103 @ 7.0% cap · market cap 16.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Explore this area
Business Placement
Demographics for 48035, MI
34,018
Population
15,615
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
3,866
Density / Sq Mi
$69,245
Median Household Income
$41,167
Median Earnings
$1,111
Median Rent
$181,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Single or multi-tenant industrial building built in 1971 with approximately 20,000 SF of space in Clinton Township, MI.
Where is this manufacturing property located?
The property is located at 34335 GROESBECK HWY Clinton Township, MI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Approximately 20,000 SF industrial manufacturing building; Single or multi‑tenant configuration; Built in 1971
