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44500 Reynolds Dr 41,961 SF Industrial Building Clinton Township, MI 48036 $5,524,800 CAD ($131.67 CAD/SF) 8.50% Cap Rate
Executive Summary
44500 Reynolds Dr is a 41,961 SF, 100% occupied single tenant investment opportunity featuring a stable NNN lease, 3% annual increases and zero renewal options.
Property Facts
| Price | $5,524,800 CAD | Rentable Building Area | 41,961 SF |
| Price Per SF | $131.67 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1990 |
| Cap Rate | 8.50% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.95/1,000 SF |
| Property Subtype | Manufacturing | Clear Ceiling Height | 30’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 3.96 AC | Opportunity Zone |
Yes
|
| Zoning | I-1 - Industrial | ||
| Price | $5,524,800 CAD |
| Price Per SF | $131.67 CAD |
| Sale Type | Investment |
| Cap Rate | 8.50% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 3.96 AC |
| Rentable Building Area | 41,961 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 0.95/1,000 SF |
| Clear Ceiling Height | 30’ |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Industrial |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 16-11-01-100-038 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,829,399 CAD |
Property Taxes
Parcel Number
16-11-01-100-038
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,829,399 CAD
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44500 Reynolds Dr
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