21630 W 7 Mile Rd - Distribution FOR SALE


Detroit, MI 48219
$2,299,000 USD
248-663-0506
21630 W 7 Mile Rd, Detroit, MI for Sale
$2,299,000 USD
Distribution - FOR SALE
1/11
null | 9.83% Cap Rate

21630 W 7 Mile Rd
Detroit, MI 48219


HIGHLIGHTS

  • 37,670 SF with 2,670 SF office area
  • 5yr Tenant, expiring 10/31/2027
  • Three (3) truckwells for efficient loading and unloading
  • Fully fenced yard for added security and privacy
  • Prime location in the Detroit area for convenient access
  • Ample space for warehousing, distribution, and industrial activities

OVERVIEW

Investment Opportunity with 5-Year Tenant. This 37,670 SF Industrial/Distribution Building features a 35,000 +/- shop area with a 2,770 SF office area. The building features 20' clear height, three truckwells, a clear-span bay, LED lighting, 220 Volt/600 Amp power, and is very clean throughout with 100% fire suppression. The depth of the truckwells were recently renovated to accommodate typical semi-trailers. The building is situated on a fully-fenced and gated 2.05-acre site with 60-car parking. This property is located on 7 Mile Rd, at the corner of Lahser Rd. The area surrounding the property offers access to major transportation routes and logistical infrastructure, making it an ideal hub for industrial, warehouse, and distribution operations. Situated close to major highways and transportation hubs, the location provides convenient access for shipping and receiving. Nearby points of interest include Detroit Metropolitan Wayne County Airport, the Port of Detroit, and key industrial parks. As a renowned center for automotive and manufacturing industries, the region offers a skilled workforce and business-friendly environment, making it an attractive destination for industrial investors seeking strategic positioning and growth opportunities.

FOR SALE DETAILS

PRICE

$2,299,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

9.83%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1990

UTILITIES

Lighting - Fluorescent, Heating - Electric

CLEAR CEILING HT

24 Ft

DOCKS

3

DRIVE INS

1

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.05

LAND SF

89,298

ZONING

B-4

APN/PARCEL ID

22-016834

ASK ABOUT THIS PROPERTY

John ArthursP.A. Commercial, LLCMore Info
248-663-0506

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John ArthursP.A. Commercial, LLCMore Info
248-663-0506

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.