Office and Lab Flex
38900 Hills Tech Dr, Farmington Hills, MI 48331
For Lease
$15 SF/Yr
A one-story masonry building pairs substantial office space with warehouse and lab areas.
Space Size45,043 SF
Lot Size6.97 Acres
Days on Market30
Property Features for 38900 Hills Tech Dr
General Information
Standard status
Size
Net Rentable
Lot size
Property subtype
Space & Availability
Available Space
Contiguous Space
Space Use
Additional Details
Warehouse Space
Building Details
Year Built
Buildings
Stories
Building Size
Construction
Tenancy
Listing Agency:
CBRE | Detroit
Listed By:
Brendan George · License #MI 6502401928
(248) 351-2039
Source:
Cbre
Added: Oct 9
Changed: Nov 6
Last Checked: Nov 6 at 3:16PM
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
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Investment Insights
Based on property information with market context.
This 45,043-square-foot flex facility sits on 6.97 acres in Farmington Hills. Built in 1989, the one-story masonry building is configured as a single-tenant property, with approximately 65% office area and 35% warehouse and lab space.
The property is located at 38900 Hills Tech Dr in Farmington Hills, Michigan, 48331. Its office, warehouse, and lab components are arranged within one building.
The property is located at 38900 Hills Tech Dr in Farmington Hills, Michigan, 48331. Its office, warehouse, and lab components are arranged within one building.
Key Highlights
- 45,043‑square‑foot single‑tenant flex facility
- 6.97‑acre site in Farmington Hills, Michigan
- Approximately 65% office area and 35% warehouse and lab space
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Single-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48331, MI
22,091
Population
9,297
Households
2.4
Avg Household Size
46
Median Age
67%
College-Educated
97%
High-School Grad
9.3 sq mi
ZIP Area
2,375
Density / Sq Mi
$121,101
Median Household Income
$64,255
Median Earnings
$1,743
Median Rent
$383,200
Median Home Value
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Market
Lease Benchmarks for Farmington Hills, MI
$12.27 /SF/Yr
Avg Asking Price
$7.95–$15.68 /SF/Yr
Price Range
15,246 SF
Avg Space Size
This space is priced 22% above the average of $12.27 /SF/Yr.
Average Price Trend$/SF/Yr for Flex space in Farmington Hills, MI
Properties on Market for Flex space in Farmington Hills
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - A one-story masonry building pairs substantial office space with warehouse and lab areas.
Where is this flex space located?
The property is located at 38900 Hills Tech Dr Farmington Hills, MI.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: 45,043‑square‑foot single‑tenant flex facility; 6.97‑acre site in Farmington Hills, Michigan; Approximately 65% office area and 35% warehouse and lab space
