Industrial Property for Lease in Southfield, MI

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Southfield, MI 48034

Description

Zoning Flexible For Light Industrial, Office, Medical Office, Etc. Up to 14 Grade Level Doors Can Be Added. Close Proximity To I-696, M-10 And Telegraph Rd. 12 months free for any 10 year lease greater than 20,000 SF.*

Market Context

This industrial in Southfield, MI is listed for lease. It has been on the market for 21 days. Compare it against other industrial listings for lease in Southfield, MI — <a href="/search/lease/industrial/michigan/southfield">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

$0.48/SF/mo – $0.64/SF/mo

Mid: $0.56/SF/mo

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

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