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    FOR LEASE
    Distribution centers

    27675 Halsted Rd, Farmington Hills, MI 48331

    10,000 SF 4.75 ac lot Built 1998
    Property ID
    US43-0178817
    Property summary
    AI-generated overview

    This exceptional industrial property, located at 27675 Halsted Rd, Farmington Hills, MI 48331, offers a unique blend of office and warehouse space. The 10,000 to 41,182 square foot building sits on a 4.75-acre lot and boasts a two-story design. The warehouse component features a substantial 24-foot ceiling height, two truckwells, and one 14x16 grade-level door, providing ample space for storage and loading. The office area is equally impressive, encompassing large open areas, private offices, conference rooms, lunchrooms, and studios, creating a versatile and functional workspace. The property includes 150 parking spaces conveniently located on three sides of the building. Zoned for Industrial Research Office use, this property benefits from a prime location in Oakland County, offering easy access to major freeways including I-96, I-696, I-275, and M-5 via Grand River, 12 Mile Road, and Orchard Lake Road interchanges. The property features 1000 Amps of power. Land dimensions are 283 x 769 feet. Approximately 10,350 square feet of warehouse space and 30,832 square feet of office space are available. The asking price is $3,375,000, with a price per square foot of $81.95. The property is currently under a triple net lease (NNN) and is multi-tenant. Built in 1998, this high-image building may be available earlier than September 30, 2024. The APN is 23-18-200-008. A backup generator is a possibility.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1998
    Total area 10,000 SF
    Lot 4.75 ac (206,910 SF)
    APN 23-18-200-008
    UPID US43-0178817
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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