Building Details

Year Built 1992

Units 1

Listing Agency: Rogers Real Estate Group, Inc

Listed By: Dale L Rogers · License #6502391301 Show Phone

Source: Elliman

Added: Mar 11 Changed: Oct 6 Last Checked: Oct 5 at 5:36PM

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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 Rogers Real Estate Group, Inc

Investment Insights

Based on property information with market context.

Located on Fulton Street in Ada, this property offers 5,471 square feet of space. The suite includes a breakroom, a large open warehouse or manufacturing flex area, and a shipping and receiving area. It is equipped with a dock leveler and two overhead doors. The lease is offered at $6,382 per month with lease terms available from one to five years. The ceiling height in the storage, warehouse, and light manufacturing area measures 11 feet to the rafters and 9.5 feet to the bottom of the heat runs. A Generac back-up generator is included.

Key Highlights

• Large 5,471 sq ft flex space suitable for warehouse or manufacturing.
• Dock leveler and 2 overhead doors for efficient shipping and receiving.
• Generac back‑up generator for uninterrupted operations.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Building Supply Pharmacy Spa & Massage Center Kitchen & Bath Showroom Big Box & Wholesale Store

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

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

123

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 49301, MI

20,665

Population

7,383

Households

2.8

Avg Household Size

40

Median Age

70%

College-Educated

98%

High-School Grad

56.8 sq mi

ZIP Area

364

Density / Sq Mi

$173,008

Median Household Income

$83,039

Median Earnings

$2,074

Median Rent

$510,000

Median Home Value

Market

Lease Benchmarks for Forest Hills, MI

$9.97 /SF/Yr

Avg Asking Price

$3.81–$20 /SF/Yr

Price Range

27,594 SF

Avg Space Size

This space is priced 20% above the average of $9.97 /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

Questions? Ask Rey

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

Frequently Asked Questions

What type of property is this?

Flex space - 5,471 SF flex space with warehouse and manufacturing areas.

Where is this flex space located?

The property is located at 8116 Fulton St E Forest Hills, MI.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: Large 5,471 sq ft flex space suitable for warehouse or manufacturing.; Dock leveler and 2 overhead doors for efficient shipping and receiving.; Generac back‑up generator for uninterrupted operations.