Flex Warehouse with 16-Foot Clear
For Sale
Contact for pricing
40525 Mound Rd, Sterling Heights, MI 48310
Flex warehouse space with 16-foot clear height and an office to suit, with frontage and easy access to Mound Rd.
Property Size10,800 SF
Price / SF$0.00
Days on Market346
Property Features for 40525 Mound Rd
General Information
Standard status
Active
Size
10,800 SF
Property subtype
Retail, Industrial
Zoning
M-1
Lease Type
NNN
Additional Details
Road Access
Yes
Clear Height
16 ft
Building Details
Building Size
10,800 SF
Year Built
2022
Listing Agency:
Lee & Associates of Michigan
Listed By:
Giancarlo Pinterpe
(248) 561-5748
Source:
Cpix.resimplifi
Added: Nov 20, 2025
Changed: Oct 31
Last Checked: Oct 30 at 10:31AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex warehouse offers 16-foot clear height with office space that can be configured to suit. Space is available in multiple unit sizes, including 2,700 SF and 10,800 SF, with the option for units to be combined. A 90-day occupancy timeframe is available.
The property provides frontage and easy access to Mound Rd, supporting a variety of commercial and industrial uses.
For lease, pricing is quoted as NNN at $10/SF Year 1, $12/SF Year 2, and $14.50/SF Year 3, followed by 4% annual increases. The lease is subject to a 5+ year term. Call broker for sale pricing.
The property provides frontage and easy access to Mound Rd, supporting a variety of commercial and industrial uses.
For lease, pricing is quoted as NNN at $10/SF Year 1, $12/SF Year 2, and $14.50/SF Year 3, followed by 4% annual increases. The lease is subject to a 5+ year term. Call broker for sale pricing.
Key Highlights
- 2,700 SF available for lease (up to 10,800 SF total units can be combined)
- Flex warehouse with 16' clear height and office to suit layout
- Frontage with easy access to Mound Rd.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,483
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,109,660
$1.1M
Cap Rate 7%
$792,614
$792.6K
Cap Rate 9%
$616,478
$616.5K
Market Conditions
NOI Build-Up for 10,800 SF
Gross rent
$82.9K $7.68/SF
− Vacancy
−$3.7K −$0.34/SF
EGI
$79.3K $7.34/SF
− OpEx
−$23.8K −$2.20/SF
NOI
$55.5K $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%
$1,109,660
Cap Rate 7%
$792,614
Cap Rate 9%
$616,478
Alternative Uses
Best Use
Flex RnD
$1.47M
$1.29M – $1.72M
NOI $102,941 @ 7.0% cap · market cap 1,029,410.00%
Second Best
Warehouse
$962.5K
$842.2K – $1.12M
NOI $67,372 @ 7.0% cap · market cap 673,720.00%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,777 @ 7.0% cap · market cap 1,667,770.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
16 ft
Clear height
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
313
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 Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse space with 16-foot clear height and an office to suit, with frontage and easy access to Mound Rd.
Where is this flex space located?
The property is located at 40525 Mound Rd Sterling Heights, MI.
What are key features of this property?
This property features: 2,700 SF available for lease (up to 10,800 SF total units can be combined); Flex warehouse with 16' clear height and office to suit layout; Frontage with easy access to Mound Rd.
