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Flex Building with Clear-Span Shop
New
For Lease
$7,812/Mo

49679 Leona Dr, New Baltimore, MI 48051

Three-phase power and grade-level overhead access support a range of light industrial operations.

Space Size7,500 SF
Days on Market3

Property Features for 49679 Leona Dr

General Information

Standard status Active
Size 7,500 SF
Net Rentable 7,500 SF
Property subtype Commercial
Lease Type Gross

Space & Availability

Available Space 7,500 SF
Contiguous Space 7,500 SF
Space Use Flex

Warehouse & Industrial

Clear Span Yes
Office Build-Out 680 SF
Mezzanine 680 SF
Drive-In Doors 2
Three-Phase Power Yes

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $6,004

Building Details

Year Built 1972
Building Size 7,500 SF
Listing Agency: Pilot Property Group, Inc.
Listed By: Anthony U Rubino · License #6502425251
Source: Elliman
Added: Sep 24 Last Checked: Sep 24 at 2:27PM

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 Pilot Property Group, Inc.

Investment Insights

Based on property information with market context.

This 7,500 SF flex property was recently renovated and combines 680 SF of finished office area with 6,820 SF of open shop space. A 680 SF mezzanine adds another area within the building. The shop has a clear-span layout, three-phase power, and two grade-level overhead doors.

At 49679 Leona Dr in Chesterfield Township, the property sits between 21 Mile and 23 Mile Roads, just off Gratiot Avenue, with access to I-94. The space is offered on a gross lease basis.

Key Highlights

  • 7,500 SF building with 680 SF of finished office space
  • 6,820 SF of open shop area and a 680 SF mezzanine
  • Clear‑span shop with three‑phase power

Property Analytics

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Open Analytics

Current Use

TM RC Racing ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Building Supply Auto Parts Store HVAC Service Parking Lot & Garage Auto Repair Shop

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

2
Drive-in doors
Yes
Highway access
Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48051, MI

17,718
Population
7,255
Households
2.4
Avg Household Size
40
Median Age
24%
College-Educated
91%
High-School Grad
14.2 sq mi
ZIP Area
1,248
Density / Sq Mi
$89,923
Median Household Income
$50,569
Median Earnings
$1,064
Median Rent
$247,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for New Baltimore, MI

$10.3 /SF/Yr
Avg Asking Price
$9.35–$12.5 /SF/Yr
Price Range
13,282 SF
Avg Space Size

This space is priced 21% above the average of $10.3 /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
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Similar Off Market Nearby

  • lov-a burger Fries & Shakes — 49660 Gratiot Ave, Chesterfield, MI 48051

Frequently Asked Questions

What type of property is this?
Flex space - Three-phase power and grade-level overhead access support a range of light industrial operations.
Where is this flex space located?
The property is located at 49679 Leona Dr New Baltimore, MI.
What is the lease rate?
The lease rate is $7,812/Mo.
What are key features of this property?
This property features: 7,500 SF building with 680 SF of finished office space; 6,820 SF of open shop area and a 680 SF mezzanine; Clear‑span shop with three‑phase power
More about this property
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