Fraser Industrial Center

Industrial for Sale
Catylist Listing ID: 30344895
Property Subtypes: Warehouse/Distribution
Building Size (RSF): 14,310 SF
Gross Building Area: See Agent
Gross Land Area: 0.97 Acres
Sale Price: $737,840
Unit Price: $51.56 PSF
Ceiling: 18 ft.
Docks/Doors: 4 Doors
Property Use Type: Investment
Building Name: Fraser Industrial Center
Sale Terms: Other
Cap Rate: 8.75%
Last Updated: 11/13/2018

Overview / Comments

Multi-tenant complex with four (4) tenants. Well located in Fraser Industrial Park. 100% Occupied.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $12,000 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 03-11-32-402-010
Zoning: IR
Property Located Between: South of 15 Mile Road
Year Built: 1983
Construction/Siding: Steel Frame
Exterior Description: Brick/Block
Parking Description: Ample
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 600
Volts: 440
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Metal Halide
Lot Frontage: 140
Lot Depth: 302

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,369 141,414 361,191
Median Age: 40.71 42.01 41.38
Households: 4,931 59,174 151,406
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