Industrial Property for Lease in Farmington Hills, MI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Farmington Hills, MI 48335
  • Size: 49,040 SF

Description

One 10-ton crane and one 3-ton crane (possibly available). 3800 amps, 3 Phase, 240/480 volt power. ESFR Fire Suppression. Outside storage capabilities. Shop locker rooms.

Market Context

This industrial in Farmington Hills, MI is listed for lease across 49,040 SF. It has been on the market for 21 days. Compare it against other industrial listings for lease in Farmington Hills, MI — <a href="/search/lease/industrial/michigan/farmington-hills">view the full market</a>.

As of Q1 2026, the Detroit industrial market showed average asking rents near $5.79/SF/yr, rents up 4.6% year over year, and cap rates around 6.5%. Source: Consensus Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Detroit?
About 6.5% as of Q1 2026, per Consensus.

Unified Estimate

Medium Confidence

$3.42/SF/mo – $4.62/SF/mo

Mid: $4.02/SF/mo

Total estimate for 49,040 SF: $197,141

Rate estimator only; cost-of-business estimate unavailable.

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