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Investment Highlights

  • Long-Term Secure Cash Flow - The Property is subject to a strong, remaining lease term of approximately 7 years
  • Minimal Landlord Responsibilities - The lease is structured to provide limited landlord obligations, significantly reducing operational risk
  • Excellent Connectivity - Immediate access to I-94 and US-23 allows for efficient regional and national distribution
  • Built-In Rental Growth - Lease structure includes 2% annual rent escalations, ensuring consistent embedded NOI growth
  • Irreplaceable Labor & Location Advantages - Proximity to Ann Arbor and the University of Michigan
  • Low CapEx / Operational Simplicity - With limited landlord responsibilities and stabilized tenancy

Property Facts

Price $2,725,000
Price Per SF $178.34
Sale Type Investment
Cap Rate 7%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.31 AC
Rentable Building Area 15,280 SF
No. Stories 1
Year Built 1994
Tenancy Single
Parking Ratio 2.81/1,000 SF
No. Drive In / Grade-Level Doors 1
Zoning I-L - Industrial

Amenities

  • Security System
  • Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
12-30-430-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$656,800
  • Listing ID: 40846684

  • Date on Market: 6/9/2026

  • Last Updated:

  • Address: 1512 Woodland Dr, Saline, MI 48176

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