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Freestanding Flex Industrial Building
New
For Lease
$9.95 SF/Yr CAM $2.50 /USD/SF/YR

686 Minnesota, Troy, MI 48083

Freestanding industrial space with office support, grade-level loading, three-phase power, and NNN lease structure.

Space Size7,520 SF
Days on Market3

Property Features for 686 Minnesota

General Information

Standard status Active
Size 7,520 SF
Net Rentable 7,520 SF
Total Parking Spaces 15
Property subtype Industrial
Zoning IB
Lease Type SF/yr
Lease Term NNN

Space & Availability

Available Space 7,520 SF
Contiguous Space 7,520 SF
Space Use Industrial
Available From 2027-02-01

Lease Terms

Lease Rate $9.95 /USD/SF/YR
Monthly Rent $6,235
Rent per SF/Year $9.95
CAM $2.50 /USD/SF/YR

Warehouse & Industrial

Clear Height 14.5 ft
Office Build-Out 750 SF
Drive-In Doors 2
Voltage 240 V
Three-Phase Power Yes

Additional Details

Utilities to Site Yes

Building Details

Building Size 7,520 SF
Year Built 1972
Buildings 1

Spaces For Lease

at 686 Minnesota Contact us

686 $9.95/SF/Yr

Size
7,520 SF
Type
Warehouse/Distribution
Contact us

Name

Type
Space Type
Contact us
Listing Agency: Friedman Integrated Real Estate - Corporate
Listed By: Zach Cummings
Source: Friedmanrealestate
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 9 at 1:11PM

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 Friedman Integrated Real Estate - Corporate

Investment Insights

Based on property information with market context.

This freestanding flex property offers 7,520 SF of industrial space, including approximately 750 SF of office area with two bathrooms. The shop includes an additional bathroom and lunchroom, 14'6" clear height, two 12' x 12' grade-level doors, and 240v three-phase power with bus ducts. A small attached compressor shed and airlines throughout the facility support industrial operations. The building was constructed in 1972 and is zoned IB.

Occupancy is scheduled for February 1, 2027, with the possibility of earlier availability. The landlord plans to refresh the office area, and the lease is structured on an NNN basis.

Key Highlights

  • 7,520 SF freestanding industrial building with approximately 750 SF of office space
  • 14'6" clear height with two 12' x 12' grade‑level doors
  • 240v three‑phase power equipped with bus ducts

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store Butcher Tanning Salon

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

14 ft
Clear height
2
Drive-in doors
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48083, MI

24,074
Population
10,437
Households
2.3
Avg Household Size
41
Median Age
53%
College-Educated
91%
High-School Grad
8.6 sq mi
ZIP Area
2,799
Density / Sq Mi
$88,551
Median Household Income
$53,204
Median Earnings
$1,277
Median Rent
$293,300
Median Home Value

Market

Lease Benchmarks for Troy, MI

$12.37 /SF/Yr
Avg Asking Price
$8.95–$16 /SF/Yr
Price Range
17,439 SF
Avg Space Size

This space is priced 20% below the average of $12.37 /SF/Yr.

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

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Frequently Asked Questions

What type of property is this?
Flex space - Freestanding industrial space with office support, grade-level loading, three-phase power, and NNN lease structure.
Where is this flex space located?
The property is located at 686 Minnesota Troy, MI.
What is the lease rate?
The lease rate is $9.95 SF/Yr.
What are key features of this property?
This property features: 7,520 SF freestanding industrial building with approximately 750 SF of office space; 14'6" clear height with two 12' x 12' grade‑level doors; 240v three‑phase power equipped with bus ducts
More about this property
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