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6739 Cypress Rd 16,240 SF 100% Leased Industrial Building Romulus, MI 48174 $2,232,935 CAD ($137.50 CAD/SF)
Investment Highlights
- Below Market Gross Lease Rates
Executive Summary
• 16,240 square foot duplex building for sale
• Suite 100 is leased until 8/31/2026 at $4,000 per
month
• Suite 200 is leased until 9/30/2027 at $5,000 per
month
• Below market gross lease rates
• Ability for Owner occupant or investor to increase
lease rates as leases expire
• Two (2) truckwells and two (2) grade level doors
• 22’ clear height/gas & electric are separately
metered
• Built in 2001
• New concrete in the truck loading area installed
2024
• Quick access to DTW, I-275 and I-94
• Sale Price: $1,624,000
• Suite 100 is leased until 8/31/2026 at $4,000 per
month
• Suite 200 is leased until 9/30/2027 at $5,000 per
month
• Below market gross lease rates
• Ability for Owner occupant or investor to increase
lease rates as leases expire
• Two (2) truckwells and two (2) grade level doors
• 22’ clear height/gas & electric are separately
metered
• Built in 2001
• New concrete in the truck loading area installed
2024
• Quick access to DTW, I-275 and I-94
• Sale Price: $1,624,000
Property Facts
| Price | $2,232,935 CAD | Rentable Building Area | 16,240 SF |
| Price Per SF | $137.50 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2001 |
| Property Type | Industrial | Parking Ratio | 1.48/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 22’ |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.45 AC | No. Drive In / Grade-Level Doors | 2 |
| Zoning | Lt Industrial | ||
| Price | $2,232,935 CAD |
| Price Per SF | $137.50 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 1.45 AC |
| Rentable Building Area | 16,240 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Parking Ratio | 1.48/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | Lt Industrial |
Utilities
- Lighting - Metal Halide
- Heating - Electric
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 80-007-01-0900-305 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $592,058 CAD |
Property Taxes
Parcel Number
80-007-01-0900-305
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$592,058 CAD
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6739 Cypress Rd
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