GREAT LOCATION, BUILDING THAT CAN BE USED FOR ALL PURPOSES INDOOR GREENHOUSE, INCLUDES 2 CRANES WEIGHING AT ABOUT 25 TONS WHICH ARE FROM THE BEGINNING OF THE BUILDING TO THE END OF IT. HAS AN ELECTRIC 380 M4 ZONING HEAVY INDUSTRIAL. ALSO HAS 9 BAYS AT 14 FT. HIGH. THE BUILDING ALSO HAS 11 OFFICES ATTACHED WHICH TOGETHER MAKE ABOUT 30,000 SQ FT. LOT DIMENSIONS ARE APPROX. BUILDING IS UP TO CODE!! BATVAI. .FOR ANY QUESTIONS OR FOR MORE INFORMATION PLEASE CALL THE LISTING AGENT.
Cap rate 7.38%. Long term original tenant in place since 1990 over 25 years. Building has original 20 year lease with four 5-yr options with rent bumps. Tenant exercised two options early giving new owner a total of approx. 9.5 years from closing evidencing tenants commitment to this location. The...
MLS ID 217052416
Listing Agent: Elfatih Ahmed
Courtesy of: Empire Realty Group
Office Phone: 313-846-0960
Updated: 20th September, 2017 1:10 PM.
13770 JOY ROAD Detroit, MI