Dequindre Industrial

Industrial for Sale
Catylist Listing ID: 30558576
Property Subtypes: Flex Space, Manufacturing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 43,424 SF
Gross Land Area: 1.70 Acres
Sale Price: $1,689,000
Unit Price: $38.90 PSF
Ceiling: 20 ft.
Docks/Doors: 2 Doors
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: Dequindre Industrial
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2020

Overview / Comments

Property is priced for sale and is located in the Green Zone. Roof has been inspected and repaired accordingly, and due diligence materials are on hand.

Well maintained property with a tenant tenant paying rent and NNN expenses occupying 50% of building.

Very centrally located with secure parking. This property is also located within a HUB Zone: https://www.sba.gov/federal-contracting/contracting-assistance-programs/hubzone-program.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: Detroit
Tax ID/APN: 09016240.001
Zoning: M-4
Property Located Between: E. McNichols and Dequindre
Highway Access: I-75 and Davison Freeway ramps within .2 miles.
Airports: City (12 min.) and Metro (38 min.)
Site Description: Surrounded by US Post Office and Second Ebenezer Church.
Area Description: Light industrial M-4 in Green Zone.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1960
Year Renovated: 1980
Roof Type: Flat
Exterior Description: Clean and secure.
Parking Type: Surface
Parking Description: Secured.
Total Parking Spaces: 27
Overhead Cranes: Undisclosed
Heat Type: Electricity, Natural Gas
Zoning Description: M-4
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,532 180,870 506,150
Median Age: 35.58 35.06 36.44
Households: 6,304 67,011 199,090
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