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Mound Road Flex Space Available
For Lease
$10 SF/Yr NNN

40421-40477 Mound Rd, Sterling Heights, MI 48310

Flex/Industrial space with frontage and easy access to Mound Road.

Space Size8,190 SF
Property Size16,380 SF
Days on Market267

Property Features for 40421-40477 Mound Rd

General Information

Standard status Active
Size 8,190 SF
Property subtype Industrial
Lease Term NNN

Building Details

Building Size 16,380 SF
Year Built 2022

Spaces For Lease

at 40421-40477 Mound Rd Contact us

40421-40477 $10 – $14.50/SF/Yr

Size
8,190 SF
Term
Negotiable
Contact us
Listing Agency: Lee & Associates of Michigan
Listed By: Giancarlo Pinterpe
Source: Lee-associates
Added: Nov 26, 2025 Changed: Aug 8 Last Checked: May 8 at 9:22PM

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 Lee & Associates of Michigan

Investment Insights

Based on property information with market context.

Available for lease are units suitable for flex space, industrial purposes, or warehousing, including general warehouse use. The property offers frontage and easy access to Mound Road. The available space is 4,095 or 8,190 square feet. It features a 16-foot clear height and office space that can be customized to suit tenant needs. Occupancy is available within 90 days. The lease rates are $10 per square foot NNN for the first year, $12 per square foot NNN for the second year, and $14.50 per square foot NNN for the third year, followed by 4% annual increases, subject to a 5+ year lease term. The property is located west of M-53.

Key Highlights

  • Flexible space: 4,095/8,190 SF combined available for lease or sale
  • Excellent location: Frontage and easy access to Mound Road, west of M‑53
  • High ceilings: 16’ clear height**

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

313
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Sterling Heights, MI

$26.6 /SF/Yr
Avg Asking Price
$9.75–$100 /SF/Yr
Price Range
21,624 SF
Avg Space Size

This space is priced 62% below the average of $26.6 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Flex/Industrial space with frontage and easy access to Mound Road.
Where is this flex space located?
The property is located at 40421-40477 Mound Rd Sterling Heights, MI.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Flexible space: **4,095/8,190 SF combined available for lease or sale**; Excellent location: Frontage and easy access to Mound Road, west of M‑53; High ceilings: 16’ clear height**
More about this property
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