Farmington Hills, Michigan, is a hub for industrial activity, making it an ideal location for Industrial Space For Lease. With its strong economy, diverse industries, and highly educated workforce, Farmington Hills offers a unique blend of opportunities for businesses to thrive. The city's infrastructure, including the Suburban Mobility Authority for Regional Transportation (SMART) and major thoroughfares like M-5, Orchard Lake Road, and I-696, provides easy access to local and regional markets. Additionally, the presence of institutions like Oakland Community College and Wayne State University ensures a steady supply of skilled workers. Companies like Nissan, Hitachi Automotive Systems Americas, Inc., and Mercedes-Benz Financial Services have already taken advantage of the city's business-friendly environment, and with 10 Industrial Space listings available For Lease, there are plenty of opportunities for others to do the same. The city's attractions, such as the Holocaust Memorial Center and Heritage Park, also make it an attractive location for businesses and employees alike.
Industrial Space in Farmington Hills, Michigan, offers a unique combination of accessibility, affordability, and amenities. With average annual rent per square foot at $10 USD and spaces ranging from 2,005 square feet to 51,440 square feet, there's something for every business. In addition to Industrial Space, Farmington Hills also offers Flex Space, with its flexible layouts and adaptable uses; Commercial Real Estate, perfect for businesses looking to establish a strong presence; Land, for those looking to develop their own property; and Restaurants, ideal for entrepreneurs looking to capitalize on the city's growing food scene. With its diverse economy, highly educated workforce, and excellent infrastructure, Farmington Hills is an ideal location for businesses of all types and sizes. Whether you're looking to establish a new operation or expand an existing one, Farmington Hills has the resources and opportunities you need to succeed.
What is the average size of industrial space for lease in the Farmington Hills market?
The average size of industrial space for lease in the Farmington Hills market is 18,116 square feet, with a total of 10 available listings, and a maximum space size of 51,440 square feet.
What do I need to look for when leasing an industrial space in Farmington Hills?
When leasing an industrial space in Farmington Hills, there are several key factors to consider to ensure you find the right property for your business needs.
- With 10 available listings of industrial space, you'll want to carefully evaluate factors such as the average annual rent per square foot, which is currently $10 USD, and the average size of available spaces, which is approximately 18,116 square feet, to ensure you're getting the best value for your investment.
- Additionally, consider the maximum space size available, which is up to 51,440 square feet, as well as the proximity to major transportation hubs, such as I-696 and I-275, and local amenities like Beaumont Hospital - Farmington Hills and Heritage Park.
- Finally, research the local economy and major industries in the area, including automotive, technology, and finance, to ensure your business will thrive in Farmington Hills' diverse economic landscape.
