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51214 Industrial Dr 32,012 SF Industrial Building Macomb, MI 48042 $4,496,538 CAD ($140.46 CAD/SF) 6.65% Cap Rate
Executive Summary
Tenant occupied. Triple Net. Increase to 7.6+% cap rate 2027
Building and adjacent lot for sale. 32,000 sq ft, Roughly 9,000 sq ft of two story office space.
Brand new roof and HVACS, key card security system
Building and adjacent lot for sale. 32,000 sq ft, Roughly 9,000 sq ft of two story office space.
Brand new roof and HVACS, key card security system
Property Facts
| Price | $4,496,538 CAD | Lot Size | 2.75 AC |
| Price Per SF | $140.46 CAD | Rentable Building Area | 32,012 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.65% | Year Built | 1998 |
| Sale Condition | Sale Leaseback | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 2.37/1,000 SF |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 3 |
| Building Class | B | ||
| Zoning | M1 | ||
| Price | $4,496,538 CAD |
| Price Per SF | $140.46 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 6.65% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 2.75 AC |
| Rentable Building Area | 32,012 SF |
| No. Stories | 1 |
| Year Built | 1998 |
| Tenancy | Single |
| Parking Ratio | 2.37/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M1 |
Amenities
- Controlled Access
- Conferencing Facility
- Floor Drains
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
- Breakroom
- Backup Power / Generators
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 20-08-18-326-022 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,528,823 CAD |
Property Taxes
Parcel Number
20-08-18-326-022
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,528,823 CAD
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51214 Industrial Dr
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