Industrial in Farmington Hills, MI — Lease in Farmington Hills, MI
- Price: Contact for price
- Listing type: For lease
- Asset type: Industrial Property
- Location: Farmington Hills, MI 48335
Description
FLEX SPACE
Market Context
This industrial in Farmington Hills, MI is listed for lease. It has been on the market for 196 days. Compare it against other industrial listings for lease in Farmington Hills, MI — view the full market.
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: multiple brokerage reports, Q1 2026.
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 multiple brokerage reports.
Estimated Market Rate
$0.48/SF/mo – $0.64/SF/mo
Mid: $0.56/SF/mo
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Philip Sprague · +1 248 351 2032 · philip.sprague@cbre.com
Explore this market
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