This Industrial Property is no longer advertised on LoopNet.com.

1450 Souter Dr
Troy, MI 48083
Industrial Property For Sale

Investment Highlights

  • 10,400 SF light industrial building
  • NOI = $125,000 / 8% CAP rate
  • NNN lease expiration 8/31/2028 / 5yr option with 5% rental increase
  • (1) 12x13.5 ft truck well door & (2) 10x12 ft doors
  • National tenant (CertaSite) with 20+ locations across (7) states

Property Facts

Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.83 AC
Rentable Building Area 10,400 SF
No. Stories 1
Year Built 1966
Tenancy Single
Parking Ratio 1.83/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning IB - Integrated Industrial Business District

Amenities

  • Signage

Property Taxes

Property Taxes

Parcel Number
20-34-227-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$258,970
  • Listing ID: 31142235

  • Date on Market: 3/6/2024

  • Last Updated:

  • Address: 1450 Souter Dr, Troy, MI 48083

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