Investment Sale

Industrial for Sale
Catylist Listing ID: 29663965
Building Status: Proposed
Building Size (RSF): 45,000 SF
Gross Building Area: See Agent
Gross Land Area: 1 SF
Sale Price: $9,710,000
Unit Price: $215.78 PSF
Property Use Type: Investment
Sale Terms: Other
Cap Rate: 6.5%
Last Updated: 11/20/2017

Overview / Comments

Bruce A. Morrison and Signature Associates are pleased to present a 45,000 sq. ft. Class A R&D facility. 100% leased to Brembo North America, Inc. with guarantee by Brembo, S.P.A. Built-to-suit in 2009. Lease expires in 2021. Annual increase in NNN rent. Prestigious Metro West Technology Park location.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $7,816 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 78-008-01-0030-302
Total Number of Buildings: 1
Year Built: 2009
Overhead Cranes: Undisclosed

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,184 50,712 151,495
Median Age: 44.57 42.25 41.91
Households: 1,448 19,420 60,098

Contact

© Copyright Commercial Property Information Exchange (CPIX). 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.