Furnished Flex Space
For Sale
Contact for pricing
35875 Mound Rd, Sterling Heights, MI 48310
Professionally managed property combines furnished office suites with air-conditioned high-bay warehouse and research space.
Property Size94,209 SF
Days on Market232
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 35875 Mound Rd
General Information
Standard status
Active
Size
94,209 SF
Property subtype
Light Industrial
Lease Term
NNN
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Warehouse Space
20,000 SF
Conditioned Warehouse
Yes
Additional Details
Furnished
Yes
Building Details
Building Size
94,209 SF
Year Built
1991
Properties For Sale
at 35875 Mound Rd Contact usSuite 102
Size
26,699 SF
Type
Light Industrial
Term
Negotiable
Suite 102/200/202/206
Size
54,292 SF
Term
Negotiable
Suite 200
Size
4,540 SF
Term
Negotiable
Suite 200/202
Size
9,272 SF
Term
Negotiable
Suite 200/202/206
Size
27,593 SF
Term
Negotiable
Suite 202
Size
4,732 SF
Term
Negotiable
Suite 206
Size
18,321 SF
Term
Negotiable
Show more
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Al Iafrate, SIOR · License #6502352325
(313) 590-7021
Source:
Corfac
Added: Feb 25
Changed: Oct 11
Last Checked: Oct 14 at 8:57PM
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.
Investment Insights
Based on property information with market context.
Built in 1991, this flex space property combines furnished office suites with industrial functionality. Available office configurations range from 4,540 to 54,492 RSF, while a 20,000-square-foot high-bay area provides fully air-conditioned warehouse and research space.
The property is located at 35875 Mound Rd in Sterling Heights, Michigan, with freeway access serving the site. Professional management supports a coordinated office, warehouse, and research environment within one building.
The property is located at 35875 Mound Rd in Sterling Heights, Michigan, with freeway access serving the site. Professional management supports a coordinated office, warehouse, and research environment within one building.
Key Highlights
- Office suites available from 4,540 to 54,492 RSF
- 20,000‑square‑foot high‑bay warehouse and research area
- 100% air‑conditioned warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$483,980
Suggested Prices Based on Cap Rates
Cap Rate 5%
$9,679,600
$9.7M
Cap Rate 7%
$6,914,000
$6.9M
Cap Rate 9%
$5,377,556
$5.4M
Market Conditions
NOI Build-Up for 94,209 SF
Gross rent
$723.5K $7.68/SF
− Vacancy
−$32.1K −$0.34/SF
EGI
$691.4K $7.34/SF
− OpEx
−$207.4K −$2.20/SF
NOI
$484.0K $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%
$9,679,600
Cap Rate 7%
$6,914,000
Cap Rate 9%
$5,377,556
Alternative Uses
Best Use
Office B
$15.54M
$13.60M – $18.14M
NOI $1,088,120 @ 7.0% cap · market cap 9,105,606.69%
Second Best
Flex RnD
$12.83M
$11.22M – $14.97M
NOI $897,963 @ 7.0% cap · market cap 7,514,334.73%
Theoretical Best
Office A
$20.78M
$18.19M – $24.25M
NOI $1,454,801 @ 7.0% cap · market cap 12,174,066.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
640
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- You + Me Catering and Events — 4800 Metro Pkwy, Sterling Heights, MI 48310
Frequently Asked Questions
What type of property is this?
Flex space - Professionally managed property combines furnished office suites with air-conditioned high-bay warehouse and research space.
Where is this flex space located?
The property is located at 35875 Mound Rd Sterling Heights, MI.
What are key features of this property?
This property features: Office suites available from 4,540 to 54,492 RSF; 20,000‑square‑foot high‑bay warehouse and research area; 100% air‑conditioned warehouse space
