25916 W 7 Mile Rd 4,850 SF Industrial Building Redford, MI 48240 $551,712 CAD ($113.76 CAD/SF) 8% Cap Rate

This 4,830 SF light industrial / warehouse building is being delivered vacant, allowing for immediate occupancy or the ability to re-lease at market rents. Located on high-traffic W 7 Mile Road, the property offers strong visibility, easy access, and flexibility for a wide range of industrial and commercial uses.
The building features 600-amp, 3-phase power, making it well-suited for users with heavier electrical demands. A new roof (2024) significantly reduces near-term capital expenditures, enhancing the property’s long-term value and appeal.
From an investment perspective, this is a clear value-add opportunity. Based on conservative market rents of approximately $8–$9 per SF NNN, the property supports a pro-forma NOI of approximately $30,000–$35,000, translating to an estimated 7.5%–8.5% pro-forma cap rate at the current asking price. Vacancy allows a buyer to control tenant selection, lease terms, and future income.
Ideal For:
Owner-users looking to occupy their own building and eliminate leasing costs
Investors seeking a light industrial value-add opportunity
Contractors and trades (HVAC, electrical, plumbing, construction)
Auto, fabrication, or light manufacturing users
Small distribution or warehouse operators
Businesses currently leasing and looking to own
The property is priced to reflect its vacant status and upside potential, not stabilized income, offering buyers flexibility, control, and long-term growth potential.