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1600-1634 E Grand Blvd 184,738 SF 79% Leased Industrial Building Detroit, MI 48211 For Sale

Industrial Properties Michigan Detroit 1600-1634 E Grand Blvd, Detroit, MI 48211

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EXECUTIVE SUMMARY

The subject property is currently 74.65% occupied with rents in the $6.00 modified gross range. Prospective investors can expect to achieve immediate cash flow, with near-term upside in rental income as leases are converted to a triple-net structure. The Packard Plant has become a big-ticket item on the city of Detroit’s agenda to revive what once was one of America’s top industrial submarkets. The city is currently in the midst of the demolition process for the 3.5 million square foot Packard Plant, marking a necessary step toward attracting developers to revive the corridor. Uniquely situated one block away from the I-94 on/off ramps, the site’s logistical capabilities are bolstered with immediate access to one of the Midwest’s preeminent east-west thoroughfares. The current owner has been diligent in making necessary capital improvements to the site including new roofs, replacing several sections of parking lot, and installing modernized HVAC systems. The property is located directly across I-94 from an essential 3 million square foot GM Assembly Plant.

ATTACHMENTS

Signature Associates Flyer

PROPERTY FACTS

Sale Type Investment Rentable Building Area 184,738 SF
Property Type Industrial No. Stories 4
Property Subtype Manufacturing Year Built 1989
Building Class C Parking Ratio 1.08/1,000 SF
Lot Size 3.00 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning M-4 - Manufacturing
Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 3.00 AC
Rentable Building Area 184,738 SF
No. Stories 4
Year Built 1989
Parking Ratio 1.08/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning M-4 - Manufacturing

AMENITIES

  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - 102
  • 4,855 SF
  • Industrial
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 1st Fl - 104
  • 2,184 SF
  • Industrial
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 2nd Fl-Ste 201
  • 5,000 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 2nd Fl-Ste 217
  • 1,520 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 2nd Fl-Ste 221-229
  • 1,529 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 2nd Fl-Ste xx
  • 1,149 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 3rd Fl-Ste 300H
  • 750 SF
  • Office
  • -
  • Now
  • 3rd Fl-Ste 303
  • 1,218 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 3rd Fl-Ste 304
  • 1,006 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 3rd Fl-Ste 305
  • 1,897 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

  • 4th Floor
  • 18,000 SF
  • Office
  • Partial Build-Out
  • Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

Space Size Space Use Condition Available
1st Fl - 102 4,855 SF Industrial Partial Build-Out Now
1st Fl - 104 2,184 SF Industrial Partial Build-Out Now
2nd Fl-Ste 201 5,000 SF Office Partial Build-Out Now
2nd Fl-Ste 217 1,520 SF Office Partial Build-Out Now
2nd Fl-Ste 221-229 1,529 SF Office Partial Build-Out Now
2nd Fl-Ste xx 1,149 SF Office Partial Build-Out Now
3rd Fl-Ste 300H 750 SF Office - Now
3rd Fl-Ste 303 1,218 SF Office Partial Build-Out Now
3rd Fl-Ste 304 1,006 SF Office Partial Build-Out Now
3rd Fl-Ste 305 1,897 SF Office Partial Build-Out Now
4th Floor 18,000 SF Office Partial Build-Out Now

1st Fl - 102

Size
4,855 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

1st Fl - 104

Size
2,184 SF
Space Use
Industrial
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 201

Size
5,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 217

Size
1,520 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 221-229

Size
1,529 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste xx

Size
1,149 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 300H

Size
750 SF
Space Use
Office
Condition
-
Available
Now

3rd Fl-Ste 303

Size
1,218 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 304

Size
1,006 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

3rd Fl-Ste 305

Size
1,897 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

4th Floor

Size
18,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl - 102

Size 4,855 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

1st Fl - 104

Size 2,184 SF
Space Use Industrial
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

2nd Fl-Ste 201

Size 5,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

2nd Fl-Ste 217

Size 1,520 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

2nd Fl-Ste 221-229

Size 1,529 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

2nd Fl-Ste xx

Size 1,149 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

3rd Fl-Ste 303

Size 1,218 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

3rd Fl-Ste 304

Size 1,006 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

3rd Fl-Ste 305

Size 1,897 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

4th Floor

Size 18,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

4-Story office building with secured gated parking. Turn-key office space with immediate access to I-94. Building also available for sale as a package with 1634 E. Grand Boulevard, a 104,259 sq. ft. industrial/warehouse facility. 4th floor is available with great views. Elevator access with additional full freight elevator. Potential to add roof deck space for the right tenant. Delivery Area: Yes.

1 1
1600-1634 E Grand Blvd, Detroit, MI - AERIAL map view - Image1
1600-1634 E Grand Blvd, Detroit, MI - AERIAL map view - Image2
1600-1634 E Grand Blvd, Detroit, MI - AERIAL map view - Image3

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-000601
  • 15-000643
  • 15-000600
 Improvements Assessment $0
Land Assessment $0 Total Assessment $323,300

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-000601
  • 15-000643
  • 15-000600
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$323,300
(248) 978-5421

Still interested?

Contact the brokers for more information about this property

CONTACTS

  • Listing ID: 22464013

  • Date on Market: 3/12/2021

  • Last Updated:

  • Address: 1600-1634 E Grand Blvd, Detroit, MI 48211

More public record information on 1600-1634 E Grand Blvd, Detroit, MI 48211

The East Side Industrial Property at 1600-1634 E Grand Blvd, Detroit, MI 48211 is currently available. Contact Signature Associates for more information.

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1600-1634 E Grand Blvd
(248) 978-5421 x

1600-1634 E Grand Blvd

Luke Timmis
(248) 978-5421

Cade Kozlowski
(248) 359-0607

Peter Vanderkaay
(248) 321-7415

Paul Saad
(248) 361-0174

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