32424 Eight Mile Rd - Warehouse FOR SALE


Farmington Hills, MI 48336- Farmington
$416,000 USD
734-890-4609
32424 Eight Mile Rd, Farmington Hills, MI for Sale
$416,000 USD
Warehouse - FOR SALE
1/4
null | Request Cap Rate

32424 Eight Mile Rd
Farmington Hills, MI 48336
Farmington


HIGHLIGHTS

  • The property is fully leased to Printed Impressions through June 30, 2027, with a five-year renewal option.
  • Frontage along Eight Mile Road provides visibility and direct access within the Farmington Hills market.
  • Clear-span warehouse configuration supports efficient industrial operations and flexible space utilization.
  • Two grade-level loading doors and three-phase power accommodate a variety of light industrial users.
  • A fenced yard with access from both Eight Mile Road and Whitlock Street enhances operational functionality.
  • Fire suppression, LED lighting, and L-1 Light Industrial zoning contribute to the property's existing industrial utility.

OVERVIEW

32424 Eight Mile Road presents an opportunity to acquire a fully leased industrial asset in Farmington Hills, one of Oakland County's established business communities. The property is positioned along Eight Mile Road, providing direct frontage on a well-traveled east-west corridor and convenient connectivity to the surrounding Metro Detroit market. Its location offers access to a diverse labor pool, established commercial districts, and major transportation routes serving Oakland, Wayne, and Livingston Counties. The building is currently leased to Printed Impressions through June 30, 2027, with a five-year renewal option in place, providing existing occupancy and income continuity. Constructed in 1989, the property includes a combination of office and warehouse space within a clear-span layout designed to support a variety of light industrial operations. Functional features include approximately 14-foot clear height, fire suppression, three-phase power, LED lighting, and two grade-level loading doors. A fenced yard with access from both Eight Mile Road and Whitlock Street enhances circulation and operational flexibility. The L-1 Light Industrial zoning supports a range of industrial and business uses consistent with the surrounding employment base. The combination of existing tenancy, practical warehouse features, frontage exposure, and access within a mature industrial market positions the property as a straightforward acquisition opportunity for investors seeking an occupied industrial asset in Oakland County.

FOR SALE DETAILS

PRICE

$416,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.22

LAND SF

9,583

ZONING

II

APN/PARCEL ID

23-34-376-039

ASK ABOUT THIS PROPERTY

Jack BushartBurger and CompanyMore Info
734-890-4609

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Jack BushartBurger and CompanyMore Info
734-890-4609

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.