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Madison Heights Office Space Available
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1385 E 12 Mile Road, Madison Heights, MI 48071

Office space for lease in Madison Heights, Michigan.

Space Size1,500 SF - 5,500 SF
Property Size18,000 SF
Days on Market2211

Property Features for 1385 E 12 Mile Road

General Information

Standard status Active
Size 1,500 SF - 5,500 SF
Class B
Total Parking Spaces 9
Property subtype Office
Lease Type NNN

Building Details

Building Size 18,000 SF
Year Built 1977
Tenancy Multiple

Spaces For Lease

at 1385 E 12 Mile Road Contact us

Suite 100

Size
5,500 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite LL-120

Size
1,500 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Friedman Real Estate
Listed By: Todd Hawley · License #MI 6501265610
Source: Crexi
Added: Aug 3, 2020 Changed: Aug 14 Last Checked: Aug 21 at 6:21PM

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 Real Estate

Investment Insights

Based on property information with market context.

This property, located at 1385 E 12 Mile Road in Madison Heights, Michigan, is available for lease. It is classified as an office property and commercial real estate.

Key Highlights

  • For lease
  • Year Built: 1977

Property Analytics

Current Use

Office Spaces

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Spa & Massage Center 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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

574
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48071, MI

28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value

Market

Lease Benchmarks for Madison Heights, MI

$13.36 /SF/Yr
Avg Asking Price
$8–$21.6 /SF/Yr
Price Range
15,070 SF
Avg Space Size

This space is priced 57% above the average of $13.36 /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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office space - Office space for lease in Madison Heights, Michigan.
Where is this office space located?
The property is located at 1385 E 12 Mile Road Madison Heights, MI.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: For lease; Year Built: 1977
(248) 848-4124 Call to check price and availability
More about this property
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