Shopping Cart

You have no items in your shopping cart.

Property Detail

Halsted Road
Freestanding 15,170-SF industrial/flex property with desirable visibility and extreme accessibility
$225,000

Description

  • Freestanding 15,170-SF industrial/flex property with desirable visibility and extreme accessibility in Farmington Hills, Michigan, in the Detroit MSA.
  •  
  • Premium owner/user or value-add investment opportunity to acquire a dynamic asset encompassed by a highly educated and skilled workforce.
  •  
  • Strategically positioned within a 5-mile radius of popular retailers, including Costco, Walmart Supercenter, Target, Kroger, The Home Depot, and more.
  • Prominently located with immediate access to major highways I-275, I-696, and M-5 within proximity to retail corridors boasting renowned businesses.
  •  
  • Excellently situated over 0.74 acres of LI-1, Light Industrial zoned land with ample on-site surface parking and equipped with one drive-in door.
  •  
  • Preferably surrounded by affluent demographics where residents within a 5-mile radius produce an average household income of nearly $122,000.

Executive Summary

Incredibly positioned freestanding industrial/flex building with superb visibility and signage to Halsted Road in Farmington Hills, Michigan, a part of the Detroit metropolitan area. 24435 Halsted Road is advantageously located just north of the heavily traveled Grand River Avenue and is less than 2 miles from the major Interstate 696, Interstate 275, and Michigan Highway 5 three-point interchange. The property benefits from its proximity to surrounding car dealerships and similar businesses occupying a significant amount of office and industrial space within the marketplace.

24435 Halsted Road stands at a total of 15,170 square feet with 13,770 square feet allocated on the first floor and 1,400 square feet on the second floor. The second level is perfect for either additional office space or storage capabilities. The property is excellently equipped with air conditioning throughout 90% of the building and features 1,200-amp/240-volt 3-phase electricity. The asset is beneficially situated over 0.74 LI-1, Light Industrial zoned acres with ample surface parking and one drive-in door.

24435 Halstead Road is beneficially situated within a 5-mile radius of numerous reputable retailers including Costco, Walmart Supercenter, Target, Kroger, Trader Joe’s, Meijer, Whole Foods Market, The Home Depot, and more. Encompassed by this mileage also includes a dense population of more than 190,700 residents who bring in an affluent household income of $121,777. This encircling population features a highly educated and skilled workforce, as 57% of these residents obtain a bachelor’s degree or higher.

An owner-user or experienced investor could acquire this asset for immense purposes as it is optimally situated by a plethora of amenities and convenient travel options. This property serves as a supreme opportunity for any warehouse and showroom business seeking a well-built R&D building and exceptionally positioned industrial facility.

industrial/flex property

Listing ID : 00533

SKU: 533

Property Enquiry Form

Please fill the form below to know more about the property

Price History

DateEventPrice
December 2 2024Listed$225,000.00