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25250 Easy St
Warren, MI 48089
MB Aerospace Building · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Building Class C
Lot Size 9.52 AC
Rentable Building Area 131,427 SF
No. Stories 1
Year Built 1955
Tenancy Single
Parking Ratio 0.95/1,000 SF
Clear Ceiling Height 10’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 7
Zoning M-2, Industrial District

AMENITIES

  • Fenced Lot
  • Signage

ABOUT 25250 EASY ST , WARREN, MI 48089

Friedman Real Estate present the sale of a 131,427 SF industrial/flex building located at 25250 Easy Street in Warren, Michigan. Constructed in 1955, the asset is comprised of two parcels totaling ±9.517 acres: one parcel housing the building, operations and parking (±8.25 acres); and a second parcel serving as an area for additional parking (±1.267 acres). The single-tenant building is home to long-term tenant MB Aerospace since 2007, who is currently in a six-year lease through December 2025, with two, 3-year renewal options. This established, fully occupied asset offers long-term income stability with significant opportunity to increase monthly income. The Warren operation is one of only three MB Aerospace facilities in the US, and the only of its kind that manufactures certain essential components for the US aerospace industry. The Warren operation is considered a critical division within its international platform providing the manufacture, assembly, repair, and replacement of advanced technology solutions for a wide range of complex, high-value aero-engine components. An OEM, EASA and FAA approved repair facility with service focused on asset life extension, the company has invested tremendous capital in equipment for the Warren operation. The 25250 Easy Street site is ideally positioned near the region’s transportation routes, within 1 to 3 miles of M-3, M-53, Mound Road, I-696 and I-94. The park sits in a prime location within the Groesbeck South Industrial Submarket, which contains 952 industrial buildings with ±18.9M total SF of space at 98% occupancy with average asking rental rates below $6.00/SF. The densely-populated communities of Warren (134,000+ residents) and County of Macomb (874,000+ residents) are home to significant healthcare, retail trade, engineering and manufacturing, large and small, domestic and international, automotive and non-automotive, including General Motors, TACOM, Fiat Chrysler, Ford Motor, General Dynamics, Campbell Ewald, and St. John Providence Health System.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-13-24-452-026
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,426,010
  • Listing ID: 17372179

  • Date on Market: 10/4/2019

  • Last Updated:

  • Address: 25250 Easy St, Warren, MI 48089

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