Industrial Property for Sale in Detroit, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Detroit, MI 48202
  • Size: 445,000 SF

Description

Commercial property listing from JLL. Property: 601 Piquette St.

Market Context

This industrial in Detroit, MI is listed for sale across 445,000 SF. It has been on the market for 119 days. Compare it against other industrial listings for sale in Detroit, MI — <a href="/search/sale/industrial/michigan/detroit">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 assets trade 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

$5.71/SF – $7.73/SF

Mid: $6.72/SF

Total estimate for 445,000 SF: $2,990,400

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

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