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165 Park Dr
Troy, MI 48083
Industrial Property For Sale
Investment Highlights
- 18,528 SF light industrial building
- Fully leased to long standing tenant (2006)
- NN lease expires 7/31/2026
- 2,432 SF office and 16,096 SF warehouse space
- NOI = $109,905 (2% annual rent increases)
- Building features 18' clear ceiling, (2) truck wells, (1) 12'x14' overhead door, 3 phase 1,000 amp 220/440 volt
Property Facts
| Property Type | Industrial | Year Built | 1969 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | B | Parking Ratio | 2.77/1,000 SF |
| Lot Size | 1.57 AC | Clear Ceiling Height | 18’ |
| Rentable Building Area | 18,052 SF | No. Dock-High Doors/Loading | 2 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 1 |
| Zoning | II | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.57 AC |
| Rentable Building Area | 18,052 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Tenancy | Single |
| Parking Ratio | 2.77/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | II |
Utilities
- Heating - Gas
Property Taxes
| Parcel Number | 20-34-151-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $589,130 |
Property Taxes
Parcel Number
20-34-151-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$589,130
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