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Renovated Flex Space
For Lease
$14 SF/Yr

4926 Fernlee Ave, Royal Oak, MI 48073

Updated industrial space combines shop capacity, finished office area, modern lighting, and three-phase electrical service.

Space Size800 SF
Days on Market8

Property Features for 4926 Fernlee Ave

General Information

Standard status Active
Size 800 SF
Net Rentable 800 SF
Property subtype Industrial
Zoning GI
Lease Type SF/yr

Space & Availability

Available Space 800 SF
Contiguous Space 800 SF
Space Use Office

Additional Details

Highway Access Yes
Three-Phase Power Yes
Listing Agency: Colliers
Listed By: Sean Jamian
Source: Cpix.resimplifi
Added: Aug 3 Changed: Aug 9 Last Checked: Aug 10 at 2:33AM

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 Colliers

Investment Insights

Based on property information with market context.

This flex property combines approximately 5,000 SF of shop space with 800 SF of renovated office space. The office area features exposed ceilings, while the warehouse has undergone a full renovation with modern improvements throughout. Building features include HVAC, a new roof, fresh paint, LED lighting, and 220v three-phase power.

The property includes a dedicated parking lot and offers access to I-75, I-696, and Woodward Ave. Its combination of shop, warehouse, and office areas supports a range of industrial and commercial operations requiring both work space and administrative accommodations.

Key Highlights

  • Approximately 5,000 SF of shop space
  • 800 SF of renovated office space with exposed ceilings
  • Fully renovated warehouse with modern upgrades

Property Analytics

Current Use

All State Tree ... Landscaping All State Tree ... Landscaping

Suggested Use

Top Pick Restaurant Law Firm Hotel & Motel (Bike/Boat/Book/etc) Store Storage Facility Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

611
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48073, MI

33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Two Unique Catering 4303 Delemere Ct, Royal Oak, MI 48073

Frequently Asked Questions

What type of property is this?
Flex space - Updated industrial space combines shop capacity, finished office area, modern lighting, and three-phase electrical service.
Where is this flex space located?
The property is located at 4926 Fernlee Ave Royal Oak, MI.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Approximately 5,000 SF of shop space; 800 SF of renovated office space with exposed ceilings; Fully renovated warehouse with modern upgrades
More about this property
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