- For Sale $1,550,000
- Property Type Industrial - Warehouse/Distribution
- Property Size 20,000 SF
- Lot Size 1.37 Acre
- Parking Spaces Avail. 40
- Parking Ratio 2.00 / 1,000 SF
- Year Built 1986
- Date Updated Apr 8, 2024
- Clear Height 20'
- Grade Level Doors 3
The Property is being occupied for manufacturing,
storage, and repair purposes.
13.78% LEVERAGED INTERNAL RATE OF RETURN
(PROJECTED BASED ON A 10 YEAR HOLD)
NO LEASE EXPIRATIONS UNTIL APRIL OF 2024
LOCATED WITHIN A STRONG INDUSTRIAL REGION WITH VACANCY
LEVELS OF AROUND THREE PERCENT (3%)
CURRENT OWNERSHIP MAINTAINS THE PROPERTY IN EXCELLENT CONDITION .
100% OCCUPIED BY THREE TENANTS
PRICED WELL BELOW REPLACEMENT COST
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Reach out to the broker for more info on lease terms and amenities
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Contacts
David Hesano
CBRE
(248) 351-2014
Matthew Osiecki
CBRE
(248) 351-2079
Location
Getting Around
-
Walk Score ®
Car-Dependent (40) -
Bike Score ®
Somewhat Bikeable (39)
- City Westland, MI
- Neighborhood Westland
- Zip Code 48185
- Market Detroit
Points of Interest
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North Station
8.36 miles
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Terminal Station
8.62 miles
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Taxi and Limo
8.73 miles
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South Station
8.85 miles
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Dearborn
9.33 miles
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Firestone Station
9.55 miles
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Smith's Creek Depot Station
9.66 miles
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Walnut Grove Station
9.95 miles
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Exxon
0.12 miles
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Mobil
0.16 miles
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Shell
0.35 miles
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Marathon
0.40 miles
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Meijer
0.70 miles
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BP
0.74 miles
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Marathon
1.18 miles
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Speedway
1.18 miles
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Charging Station at Westland City Hall
1.31 miles
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Sunoco
1.35 miles
-
school parking
2.14 miles
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School Parking
2.16 miles
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Masjid Madinatul Ilm Parking Lot
2.18 miles
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MCWS Parking Lot
2.42 miles
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VFW Hall Parking
2.53 miles
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Oak Grove Trailhead Parking Lot
2.89 miles
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National Parts Depot
2.95 miles
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OHM Advisors Parking Lot
3.57 miles
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Canton Chinatown District
3.57 miles
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Parking Lot - South
4.03 miles
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Walmart Supercenter
0.74 miles
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Kroger
0.80 miles
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GFS Marketplace
0.97 miles
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Big Lots
1.31 miles
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Burlington
1.44 miles
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Target
1.51 miles
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JCPenney
1.64 miles
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Westland Mall
1.71 miles
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Sears
1.71 miles
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Heartland Marketplace
1.81 miles