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    10505 Plaza Dr Whitmore Lake, MI 48189

    Sponsored
    For Lease
    $8 SF/Yr

    80,000 SF Multi-Tenant Industrial Facility

    Lot size:
    80,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 80,000-square-foot industrial property in Whitmore Lake, Michigan, offers a unique opportunity for businesses seeking flexible manufacturing, warehouse, or distribution space. Located at 10505 Plaza Drive, 48189, this multi-tenant building boasts a range of unit sizes, with a minimum divisible space of 8,400 square feet and a maximum contiguous space of 26,800 square feet. Currently, 35,200 square feet is available. Built in 1989, the facility features impressive ceiling heights ranging from 15 to 26 feet, providing ample vertical storage capacity. Ten loading docks and six drive-in doors ensure efficient loading and unloading operations. The property also includes 45 total parking spaces, accommodating employees and visitors. The building is equipped with heavy power, catering to the needs of energy-intensive industrial processes. Zoned Limited Industrial (LI), this property is ideally situated between Ann Arbor and Brighton, offering convenient access to major transportation routes and a skilled workforce. The available spaces are well-suited for various light industrial uses, and the combination of grade-level access and ample clearance makes them highly desirable. This is a rare opportunity to secure prime industrial space in a thriving Michigan market.

    Property Features for 10505 Plaza Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,000 SF
    Total Rate
    56666.67

    Building Details

    Year Built
    1989

    Unit(s) available at that property

    Space
    Suite C
    Size
    13,600 SF
    Rate per SF
    $8
    Space
    Suite A + Suite C + Suite D
    Size
    35,200 SF
    Rate per SF
    $8
    Space
    Suite C + Suite D
    Size
    26,800 SF
    Rate per SF
    $8
    Space
    Suite D
    Size
    13,200 SF
    Rate per SF
    $8
    Property Profile Location Intelligence

    Current Use by Public Records

    Feed Your Zoo Pet Supply Store

    Suggested Use

    Restaurant Law Firm Building Supply Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness Department Store Kitchen & Bath Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whitmore Lake
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.764337319924
    Latitude
    42.448647894622

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    Nearby Similar for Lease

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      Retail space available near Main St. and the water.
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      Whitmore Lake Commercial Space

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    FAQs

    What type of property is this?
    Distribution property - 80,000 SF Multi-Tenant Industrial Facility
    Where is this distribution property located?
    The property is located at 10505 Plaza Dr Whitmore Lake, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
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    10505 Plaza Dr Whitmore Lake, MI 48189
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10505 Plaza Dr Whitmore Lake, MI 48189
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