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Flex Space with Office
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29234 Lyon Oaks Dr, Wixom, MI 48393

End unit with office space and freeway exposure potential.

Space Size6,100 SF
Property Size23,104 SF
Days on Market2058

Property Features for 29234 Lyon Oaks Dr

General Information

Standard status Active
Size 6,100 SF
Property subtype Industrial
Lease Type Gross

Building Details

Building Size 23,104 SF
Year Built 2003
Tenancy Single

Spaces For Lease

at 29234 Lyon Oaks Dr
Available Space Active
Size 6,100 SF
Contact us
Listing Agency: Signature Associates
Listed By: Chris D'Angelo · License #MI
Source: Crexi
Added: Feb 26, 2021 Changed: Oct 10 Last Checked: Oct 16 at 8:19AM

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 Signature Associates

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Investment Insights

Based on property information with market context.

The property at 29246-48 Lyon Oaks Dr is an end unit featuring 1,800 square feet of office space. The office area includes one private office, a conference room, a lunch room, and an open area. The unit also has two grade-level doors, each measuring 12 feet by 14 feet. Parking is available on three sides of the unit. There is potential for building signage facing the I-96 freeway.

Key Highlights

  • High visibility location with potential for building signage facing I‑96 freeway.
  • End unit with ample parking on three sides.
  • Functional office space of 1,800 sq. ft. including a private office, conference room, and lunch room.

Property Analytics

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Current Use

New Horizon Safety ... Medical Clinic

Suggested Use

Top Pick Storage Facility Real Estate Agency Garden Center Furniture & Home Goods Pharmacy Carpet & Flooring 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
$1.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48393, MI

20,257
Population
9,847
Households
2.1
Avg Household Size
36
Median Age
43%
College-Educated
96%
High-School Grad
13.6 sq mi
ZIP Area
1,489
Density / Sq Mi
$67,194
Median Household Income
$44,862
Median Earnings
$975
Median Rent
$309,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Wixom, MI

$10.19 /SF/Yr
Avg Asking Price
$9.5–$12 /SF/Yr
Price Range
16,272 SF
Avg Space Size

This space is priced 28% above the average of $10.19 /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

Frequently Asked Questions

What type of property is this?
Flex space - End unit with office space and freeway exposure potential.
Where is this flex space located?
The property is located at 29234 Lyon Oaks Dr Wixom, MI.
What is the lease rate?
The lease rate is $13 SF/Yr.
What are key features of this property?
This property features: High visibility location with potential for building signage facing I‑96 freeway.; End unit with ample parking on three sides.; Functional office space of 1,800 sq. ft. including a private office, conference room, and lunch room.
(248) 930-2587 Call to check price and availability
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