Hi-Tech Office and Warehouse
35801 Mound Rd, Sterling Heights, MI 48310
For Sale
Contact for pricing
Corporate hi-tech office and warehouse building with flexible spaces.
Property Size94,209 SF
Price / SF$0.00
Days on Market255
Property Features for 35801 Mound Rd
General Information
Standard status
Size
Class
Property subtype
Lease Term
Building Details
Building Size
Year Built
Properties For Sale
at 35801 Mound Rd Contact usSuite 102
Size
26,699 SF
Type
Office Building
Term
Negotiable
Suite 102/200/202/206
Size
54,292 SF
Type
Office Building
Term
Negotiable
Suite 200
Size
4,540 SF
Type
Office Building
Term
Negotiable
Suite 200/202
Size
9,272 SF
Type
Office Building
Term
Negotiable
Suite 202
Size
4,732 SF
Type
Office Building
Term
Negotiable
Suite 206
Size
18,321 SF
Type
Office Building
Term
Negotiable
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Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Al Iafrate, SIOR · License MI #6502352325
(313) 590-7021
Source:
Corfac
Added: Mar 5
Changed: Aug 8
Last Checked: Aug 8 at 2:03PM
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 L. Mason Capitani, Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This corporate hi-tech office building, located at 15 Mile & Mound, offers furnished office suites ranging from 4,540 to 54,492 RSF. Additionally, there is a 20,000 sq ft 100% air-conditioned high-bay warehouse/research space available. The property is professionally managed and provides excellent freeway access.
Key Highlights
- Plug & Play Furnished Office Suites Available, offering flexible spaces from 4,540 to 54,492 RSF.
- 20,000 Sq. Ft. 100% Air Conditioned High‑Bay Warehouse/Research Space.
- Excellent Freeway Access.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$279,942
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,598,840
$5.6M
Cap Rate 7%
$3,999,171
$4.0M
Cap Rate 9%
$3,110,467
$3.1M
Market Conditions
NOI Build-Up for 54,492 SF
Gross rent
$418.5K $7.68/SF
− Vacancy
−$18.6K −$0.34/SF
EGI
$399.9K $7.34/SF
− OpEx
−$120.0K −$2.20/SF
NOI
$279.9K $5.14/SF
Area
Sterling Heights, MI
Vacancy
4.44%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,598,840
Cap Rate 7%
$3,999,171
Cap Rate 9%
$3,110,467
Alternative Uses
Best Use
Office B
$8.99M
$7.87M – $10.49M
NOI $629,386 @ 7.0% cap
Second Best
Warehouse
$4.86M
$4.25M – $5.67M
NOI $339,930 @ 7.0% cap
Theoretical Best
Office A
$12.02M
$10.52M – $14.02M
NOI $841,480 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
571
Businesses Nearby
Explore this area
Business Placement
Demographics for 48310, MI
43,709
Population
15,399
Households
2.8
Avg Household Size
41
Median Age
28%
College-Educated
83%
High-School Grad
8.8 sq mi
ZIP Area
4,967
Density / Sq Mi
$77,851
Median Household Income
$35,457
Median Earnings
$1,368
Median Rent
$263,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Office buildings in Macomb County, MI
Properties on Market for Office buildings in Macomb County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Corporate hi-tech office and warehouse building with flexible spaces.
Where is this office building located?
The property is located at 35801 Mound Rd Sterling Heights, MI.
What are key features of this property?
This property features: Plug & Play Furnished Office Suites Available, offering flexible spaces from 4,540 to 54,492 RSF.; 20,000 Sq. Ft. 100% Air Conditioned High‑Bay Warehouse/Research Space.; Excellent Freeway Access.
