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Ferguson | Early 5yr Extension 15133 Telegraph Rd 8,400 SF Industrial Building Redford Township, MI 48239 $1,956,958 CAD ($232.97 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Approximately 6 Years Remaining | Corporate Guaranteed | Early 5-Year Extension | Highly Ranked Ferguson
- Telegraph Road (60,200 VPD) | Interstate 96 (150,500 VPD) |Investment Grade Tenant | Dense Retail Corridor
- NN+ Leased | Fee Simple Ownership | Limited Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
Executive Summary
• Tenant has approximately 6 years remaining on their initial term with 2 (3-year) options remaining, demonstrating a long term commitment to the site
• Lease is corporate guaranteed by Ferguson Enterprises, Inc
• Features 2% rental increases at the beginning of each option period
• Early 5-year extension recently executed
• #4 Ferguson in Michigan Per Placer.AI
• Lease is corporate guaranteed by Ferguson Enterprises, Inc
• Features 2% rental increases at the beginning of each option period
• Early 5-year extension recently executed
• #4 Ferguson in Michigan Per Placer.AI
Property Facts
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 79-025-01-0039-300 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $509,869 CAD |
Property Taxes
Parcel Number
79-025-01-0039-300
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$509,869 CAD
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Ferguson | Early 5yr Extension | 15133 Telegraph Rd
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