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Well-Maintained Flex Warehouse Sublease
For Lease
$8.50 SF/Yr

40984 Concept Dr, Plymouth, MI 48170

Well-maintained flex/warehouse space offered for sublease, with an expiration date of May 31, 2029.

Space SizeContact for details
Property Size54,080 SF
Days on Market285

Property Features for 40984 Concept Dr

General Information

Standard status Active
Size 54,080 SF
Total Parking Spaces 140
Property subtype Industrial
Zoning Industrial

Building Details

Building Size 54,080 SF
Year Built 2002
Listing Agency: Signature Associates - Southfield
Listed By: Steven G. Gordon
Source: Cpix.resimplifi
Added: Nov 3, 2025 Changed: Aug 14 Last Checked: Aug 14 at 8:05AM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This well-maintained flex/warehouse facility is available for rent as a sublease. The sublease term expires on May 31, 2029.

The property is located at 40984 Concept Dr in Plymouth, Michigan (48170).

Key Highlights

  • Flex/warehouse space built in 2002
  • Offered for sublease with a sublease expiration date of May 31, 2029

Property Analytics

Current Use

Coherent PLT Corporate Office ROFIN-SINAR, Inc. High School

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Big Box & Wholesale Store Kitchen & Bath Showroom

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
$1.28 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48170, MI

41,069
Population
18,184
Households
2.3
Avg Household Size
45
Median Age
59%
College-Educated
97%
High-School Grad
34.5 sq mi
ZIP Area
1,190
Density / Sq Mi
$109,442
Median Household Income
$68,920
Median Earnings
$1,114
Median Rent
$400,800
Median Home Value

Market

Lease Benchmarks for Plymouth, MI

$15.63 /SF/Yr
Avg Asking Price
$8.5–$27 /SF/Yr
Price Range
17,484 SF
Avg Space Size

This space is priced 46% below the average of $15.63 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Well-maintained flex/warehouse space offered for sublease, with an expiration date of May 31, 2029.
Where is this flex space located?
The property is located at 40984 Concept Dr Plymouth, MI.
What is the lease rate?
The lease rate is $8.50 SF/Yr.
What are key features of this property?
This property features: Flex/warehouse space built in 2002; Offered for sublease with a sublease expiration date of May 31, 2029
More about this property
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