Fully Leased Flex Industrial
35075 Forton Court Unit SourceFi Clinton Township, MI 48035
For Sale
$1,250,000
Flex/industrial building with 1,000 feet of front office, two bathrooms, and a 10-by-10 rear roll-up door.
Property Size10,000 SF
Price / SF$125
Days on Market298
Property Features for 35075 Forton Court Unit SourceFi
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Industrial
Building Details
Year Built
1995
Listing Agency:
Professional Leasing & Sales LLC
(586) 996-9900
Listed By:
Robert Kluck · License #6502364544
(586) 996-9900
Source:
Xome
Added: Oct 3, 2025
Changed: Jul 24
Last Checked: Jul 27 at 2:24AM
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 Professional Leasing & Sales LLC
Investment Insights
Based on property information with market context.
This well-kept flex industrial building is fully leased and offered for sale. The property includes approximately 1,000 square feet of office space at the front, along with two bathrooms. At the rear, there is a 10-by-10 roll-up door, and the all-cement site is reported in very good condition.
The building is located at 15 Mile and Harper, with convenient access described to I-94. Parking is available on-site, and 24-hour notice is required for showings.
For investment purposes, the remarks indicate the building may be possible to divide due to the size of the parking area.
The building is located at 15 Mile and Harper, with convenient access described to I-94. Parking is available on-site, and 24-hour notice is required for showings.
For investment purposes, the remarks indicate the building may be possible to divide due to the size of the parking area.
Key Highlights
- Fully leased flex/industrial building built in 1995
- 1,000 SF front office plus two bathrooms
- 10‑by‑10 rear roll‑up door with 10' x 10' roll up in the rear
Financial Insights For Flex RnD
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 | $198.0k | $19.80 |
| − Vacancy | −$23.3k | −$2.33 |
| EGI | $174.7k | $17.47 |
| − OpEx | −$61.2k | −$6.12 |
| NOI | $113.6k | $11.36 |
10,000 SF · lease $19.80/SF/yr · vacancy 11.75% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.62M
$1.42M – $1.89M
NOI $113,578 @ 7.0% cap · market cap 9.09%
Second Best
Warehouse
$935.4K
$818.5K – $1.09M
NOI $65,476 @ 7.0% cap · market cap 5.24%
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.18M
NOI $131,051 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- California Pasta Shops Inc — 33905 Harper Ave, Clinton Twp, MI 48035
- Bossman Catering Services LLC — 34376 Harper Ave, Clinton Twp, MI 48035
- A Living Experience — 35666 Harper Ave, Clinton Twp, MI 48035
Frequently Asked Questions
What type of property is this?
Flex space - Flex/industrial building with 1,000 feet of front office, two bathrooms, and a 10-by-10 rear roll-up door.
Where is this flex space located?
The property is located at 35075 Forton Court Unit SourceFi Clinton Township, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Fully leased flex/industrial building built in 1995; 1,000 SF front office plus two bathrooms; 10‑by‑10 rear roll‑up door with 10' x 10' roll up in the rear
