Southfield, Michigan, is a hub for industrial activity, with numerous Industrial Spaces For Lease available, offering a unique opportunity for businesses to thrive in this vibrant city. With its strategic location, Southfield provides easy access to major transportation hubs, including the John C. Lodge Freeway (M-10), I-696, and US 24 (Telegraph Road), making it an ideal location for companies that rely on efficient logistics. The city's strong infrastructure, including the Southfield City Centre, and its proximity to Detroit, make it an attractive destination for businesses seeking to establish a presence in the region. Additionally, Southfield is home to several major corporations, including Veoneer, Huf Hülsbeck and Fürst, and Denso, which further solidifies its reputation as a significant commercial and business center. The city's diverse economy, excellent education system, and abundance of amenities, including hospitals, parks, and sports facilities, make it an excellent choice for businesses looking to relocate or expand.
With 11 Industrial Spaces For Lease available, Southfield offers a range of options for businesses seeking to establish a presence in the city. The average annual rent per square foot for Industrial Spaces in Southfield is $14 USD, with sizes ranging from 600 square feet to 44,000 square feet. In addition to Industrial Spaces, Southfield also offers a range of other property types, including Flex Spaces, which provide a flexible and adaptable work environment, Commercial Real Estate, which offers a range of office and retail spaces, Land, which is ideal for development and construction projects, and Restaurants, which provide a unique opportunity for entrepreneurs to establish a culinary presence in the city. With its diverse range of property types and excellent infrastructure, Southfield is an attractive destination for businesses seeking to establish a presence in the region.
What is the average size of industrial space for lease in the Southfield market?
In the Southfield market, the average size of industrial space for lease is approximately 9,370 square feet, with a total of 11 available listings, and an average annual rent of $14 USD per square foot, making it an attractive option for businesses looking to establish or expand their operations in this commercial and business hub.
What do I need to look for when leasing an industrial space in Southfield?
When leasing an industrial space in Southfield, there are several key factors to consider to ensure you find the right property for your business needs, including:
- Average annual rent per square foot, which is currently $14 USD, and average space size, which is approximately 9,370 square feet, to determine your budget and space requirements.
- Proximity to major transportation hubs, such as the John C. Lodge Freeway (M-10), I-696, Southfield Freeway (M-39), and US 24 (Telegraph Road), to ensure easy access to suppliers, customers, and employees.
- Amenities and services in the surrounding area, including hospitals, parks, and sports facilities, as well as the presence of other businesses and industries in the area, to determine the overall suitability of the location for your business.
