2 building industrial investment opportunity

Industrial for Sale
Catylist Listing ID: 30344356
Property Subtypes: Flex Space, Manufacturing, Light Industrial, Self Storage, Warehouse/Distribution
Building Size (RSF): 33,692 SF
Gross Building Area: See Agent
Gross Land Area: 2.42 Acres
Sale Price: $1,625,000
Unit Price: $48.23 PSF
Ceiling: 22 ft. Clear
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 12/11/2018

Overview / Comments

(2) building package with (5) fully occupied units. Long term tenants with multiple lease extensions. High profile Gratiot Ave; just north of 23 Mile Rd. Quick and easy access to I-94. In the center of three large industrial parks. Booming retail development in the area.
DO NOT CONTACT TENANTS; all inquiries must go to broker; showing by appointment only.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 09-17-176-006
Zoning: M2-GEN

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,388 45,502 117,445
Median Age: 31.53 37.61 37.25
Households: 2,004 16,751 41,683
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.