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Updated Office and Warehouse Space
For Lease
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27675 Halsted Rd, Farmington Hills, MI 48331

High-image building with office and warehouse space for lease.

Space SizeContact for details
Property Size38,768 SF
Days on Market967

Property Features for 27675 Halsted Rd

General Information

Standard status Active
Size 38,768 SF
Class C
Total Parking Spaces 150
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 38,768 SF
Year Built 1998
Tenancy Multiple

Spaces For Lease

at 27675 Halsted Rd Contact us

Available Space

Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Signature Associates
Listed By: Jeff Lemanski · License #MI
Source: Crexi
Added: Jan 9, 2024 Changed: Aug 19 Last Checked: Sep 1 at 8:38AM

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

Investment Insights

Based on property information with market context.

This updated building offers a combination of office and warehouse space. Previously occupied by IHeart Radio, the property features a two-story office area and warehouse space. It includes two truckwells and one 14' x 16' grade-level door. The electrical capacity is 1200 amps at 480 volts, and a 550 KVA diesel generator is present. Ample parking is available on three sides of the building. Leasing options include the entire building, the first floor office and warehouse totaling 24,555 square feet, or office space on the second floor ranging from 5,000 to 14,213 square feet. The property is situated on Halsted, south of 12 Mile Road, providing access to I-96, I-696, M-5, Grand River, 12 Mile, and Orchard Lake Road.

Key Highlights

  • Excellent location with convenient access to I‑96, I‑696, M‑5, Grand River, 12 Mile and Orchard Lake Rd.
  • High power electrical capacity: 1200 amps, 480 Volts, 550 KVA diesel generator.
  • Flexible leasing options: entire building, 1st floor office & warehouse (24,555 sq. ft.), or 5,000 - 14,213 sq. ft. of 2nd floor office space.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Dental Office Storage Facility Parking Lot & Garage Plumbing Service Electrical Service (Bike/Boat/Book/etc) 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
$2.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

433
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48331, MI

22,091
Population
9,297
Households
2.4
Avg Household Size
46
Median Age
67%
College-Educated
97%
High-School Grad
9.3 sq mi
ZIP Area
2,375
Density / Sq Mi
$121,101
Median Household Income
$64,255
Median Earnings
$1,743
Median Rent
$383,200
Median Home Value

Market

Lease Benchmarks for Farmington Hills, MI

$13.37 /SF/Yr
Avg Asking Price
$7.95–$40.83 /SF/Yr
Price Range
19,015 SF
Avg Space Size

This space is priced 4% above the average of $13.37 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - High-image building with office and warehouse space for lease.
Where is this warehouse located?
The property is located at 27675 Halsted Rd Farmington Hills, MI.
What is the lease rate?
The lease rate is $13.95 SF/Yr.
What are key features of this property?
This property features: Excellent location with convenient access to I‑96, I‑696, M‑5, Grand River, 12 Mile and Orchard Lake Rd.; High power electrical capacity: 1200 amps, 480 Volts, 550 KVA diesel generator.; Flexible leasing options: entire building, 1st floor office & warehouse (24,555 sq. ft.), or 5,000 - 14,213 sq. ft. of 2nd floor office space.
More about this property
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