12500 Merriman Road

Industrial for Sale
Catylist Listing ID: 30272878
Building Size (RSF): 78,500 SF
Gross Building Area: See Agent
Gross Land Area: 6.77 Acres
Sale Price: $2,850,000
Unit Price: $36.31 PSF
Ceiling: 16.5 ft. / 17.5 ft. Clear
Docks/Doors: 10 Docks, 2 Doors
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 5/23/2019

Overview / Comments

Building fully leased. Kurtis Kitchen & Bath to take 44,500 sq. ft., tenant in back taking 20,000 sq. ft., and middle tenant in 14,000 sq. ft.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $39,162 (Annual)
Finance Data Year 2017
Real Estate Taxes - Annual($) $28,647 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 103-99-0005-000
Zoning: M-1
Property Located Between: North of Plymouth Road
Year Built: 1952
Overhead Cranes: Undisclosed
Sprinklers: None
Volts: 220
Heat Type: Other
Heat Source: Other
Air Conditioning: Other

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,547 120,084 350,547
Median Age: 41.13 41.73 40.41
Households: 4,164 49,271 143,631

Contact

Photograph of Listing Agent

Christopher Calvano

Signature Associates CPIX Member
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