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Industrial Flex Space with Shop

5580 Gatewood Dr, Sterling Heights, MI 48310

For Lease
$17.62 SF/Yr

M-1 zoning supports industrial-oriented operations in this configurable shop property.

Space Size1,328 SF - 3,040 SF
Property Size24,800 SF
Days on Market13

Property Features for 5580 Gatewood Dr

General Information

Standard status Active
Size 1,328 SF - 3,040 SF
Property subtype Industrial
Zoning M-1
Lease Term Gross

Additional Details

Space Use Flex
Clear Height 17 ft

Building Details

Building Size 24,800 SF
Year Built 1981

Spaces For Lease

at 5580 Gatewood Dr Contact us

101 $18.75/SF/Yr

Size 1,600 SF
Term Negotiable
Contact us

103-104 $17.76/SF/Yr

Size 3,040 SF
Term Negotiable
Contact us

105 $17.62/SF/Yr

Size 2,383 SF
Term Negotiable
Contact us

106 $18.85/SF/Yr

Size 1,750 SF
Term Negotiable
Contact us

110 $20.33/SF/Yr

Size 1,328 SF
Term Negotiable
Contact us
Listing Agency: NAI Farbman - Corporate
Listed By: Rick Ax · License MI #6506040861
Source: Naiglobal
Added: Oct 28 Changed: Nov 7 Last Checked: Nov 8 at 4:42AM

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 NAI Farbman - Corporate

Rey
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Investment Insights

Based on property information with market context.

This flex property offers industrial shop space in multiple configurations, with available areas under 5,000 square feet. The building has 17 feet of clear height and a 12 x 14 overhead door, and was built in 1981. M-1 zoning supports industrial-oriented operations.

The property is just west of Mound Road in Sterling Heights, Michigan.

Key Highlights

  • Available configurations are under 5,000 square feet
  • 17 feet of clear height
  • 12 x 14 overhead door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Restaurant Law Firm Hair Salon Spa & Massage Center Big Box & Wholesale Store Dental Office

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

17 ft
Clear height
NNN (Triple Net)
Lease Type
$2.64 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Sterling Heights, MI

$23.45 /SF/Yr
Avg Asking Price
$9.25–$100 /SF/Yr
Price Range
21,846 SF
Avg Space Size

This space is priced 25% below the average of $23.45 /SF/Yr.

Average Price Trend$/SF/Yr for Flex space in Sterling Heights, MI

$21.58 Jul
$20.29 Aug
$21.74 Sep
$23.45 Oct

Properties on Market for Flex space in Sterling Heights

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Flex space - M-1 zoning supports industrial-oriented operations in this configurable shop property.
Where is this flex space located?
The property is located at 5580 Gatewood Dr Sterling Heights, MI.
What is the lease rate?
The lease rate is $17.62 SF/Yr.
What are key features of this property?
This property features: Available configurations are under 5,000 square feet; 17 feet of clear height; 12 x 14 overhead door
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