Listing Agency: CBRE - Indianapolis c***@cbre.com Show Phone

Listed By: Chris Deutscher · License #RB14037100 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 16 Last Checked: Aug 20 at 10:30AM

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Investment Insights

Based on property information with market context.

This freestanding light industrial building offers 10,176 square feet of space on a 2-acre lot. It is located on Red Arrow Highway, approximately half a mile from Interstate 94. The office area has been recently remodeled. The owner is planning to paint the metal exterior during the summer of 2025.

Key Highlights

• Freestanding 10,176 square foot light industrial building
• Located on 2 acres
• Excellent location on Red Arrow Highway

Property Analytics

Property Profile

Current Use

Callan & Woodworth Moving ... Moving Company Allied Van Lines Moving Company

Suggested Use

Top Pick Building Supply Auto Repair Shop Dental Office Restaurant Law Firm HVAC Service

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

$1.20 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

241

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 49127, MI

10,811

Population

5,043

Households

2.1

Avg Household Size

45

Median Age

47%

College-Educated

98%

High-School Grad

17.1 sq mi

ZIP Area

632

Density / Sq Mi

$96,781

Median Household Income

$44,903

Median Earnings

$1,103

Median Rent

$287,000

Median Home Value

Market

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Warehouse - 10,176 square foot industrial building for lease.

Where is this warehouse located?

The property is located at 5489 Red Arrow Highway Stevensville, MI.

What is the lease rate?

The lease rate is $8 SF/Yr.

What are key features of this property?

This property features: Freestanding 10,176 square foot light industrial building; Located on 2 acres; Excellent location on Red Arrow Highway