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15555-15651 E Twelve Mile Rd 24,950 SF 100% Leased Industrial Building Roseville, MI 48066 $2,400,000 ($96.19/SF) 4.97% Cap Rate
INVESTMENT HIGHLIGHTS
- 24,950 sf
- High Exposure Location
- 12'-18' Clear
- Six (6) Overhead Doors
EXECUTIVE SUMMARY
24,950 sf with 12'-18' clear, six (6) overhead doors, 2 tenants, 100% occupied. High exposure location adjacent to McDonald's. Easy access to I-696 and Groesbeck Highway. Tremendous upside potential!
PROPERTY FACTS
| Price | $2,400,000 | Lot Size | 1.38 AC |
| Price Per SF | $96.19 | Rentable Building Area | 24,950 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 4.97% | Year Built | 1978 |
| Property Type | Industrial | Parking Ratio | 2.4/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 6 |
| Zoning | Lt Industrial - Light Industrial | ||
| Price | $2,400,000 |
| Price Per SF | $96.19 |
| Sale Type | Investment |
| Cap Rate | 4.97% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.38 AC |
| Rentable Building Area | 24,950 SF |
| No. Stories | 1 |
| Year Built | 1978 |
| Parking Ratio | 2.4/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | Lt Industrial - Light Industrial |
AMENITIES
- Signage
- Air Conditioning
UTILITIES
- Lighting - Fluorescent
- Water - City
- Sewer - City
- Heating - Gas
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Macomb Tire
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Macomb Tire | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 08-14-07-376-022 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $386,200 |
PROPERTY TAXES
Parcel Number
08-14-07-376-022
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$386,200
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15555-15651 E Twelve Mile Rd
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