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6650 Chase Road 6650 Chase Rd 18,096 SF Industrial Building Dearborn, MI 48126 $2,100,000 ($116.05/SF) 10% Cap Rate
EXECUTIVE SUMMARY
This impressive industrial building is situated on a spacious 1.35-acre lot in the thriving city of Dearborn, Michigan. With approximately 18,000 square feet of interior space, the property serves as a bustling hub for various industrial operations. Currently leased out, it generates a substantial rental income of $18,000 per month, making it an attractive investment opportunity.
The building's strategic location in the heart of Dearborn adds to its appeal, providing easy access to major transportation routes, commercial centers, and a skilled labor force. Its surroundings likely offer a mix of industrial and commercial establishments, contributing to a dynamic business environment.
With its sizeable footprint, prime location, and solid rental income, this industrial building represents a promising asset in a vibrant and sought-after market.
The building's strategic location in the heart of Dearborn adds to its appeal, providing easy access to major transportation routes, commercial centers, and a skilled labor force. Its surroundings likely offer a mix of industrial and commercial establishments, contributing to a dynamic business environment.
With its sizeable footprint, prime location, and solid rental income, this industrial building represents a promising asset in a vibrant and sought-after market.
PROPERTY FACTS
| Price | $2,100,000 | Rentable Building Area | 18,096 SF |
| Price Per SF | $116.05 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1985 |
| Cap Rate | 10% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.77/1,000 SF |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.35 AC | ||
| Zoning | BID, Dearborn | ||
| Price | $2,100,000 |
| Price Per SF | $116.05 |
| Sale Type | Investment |
| Cap Rate | 10% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.35 AC |
| Rentable Building Area | 18,096 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Tenancy | Single |
| Parking Ratio | 1.77/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | BID, Dearborn |
AMENITIES
- Fenced Lot
1 1
PROPERTY TAXES
| Parcel Number | 32-10-072-10-010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $267,100 |
PROPERTY TAXES
Parcel Number
32-10-072-10-010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$267,100
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6650 Chase Road | 6650 Chase Rd
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