25129 Dequindre Rd - Warehouse FOR SALE


Madison Heights, MI 48071
$2,350,000 USD
248-733-9700
25129 Dequindre Rd, Madison Heights, MI for Sale
$2,350,000 USD
Warehouse - FOR SALE
1/15
null | 8.5% Cap Rate

25129 Dequindre Rd
Madison Heights, MI 48071


HIGHLIGHTS

  • Fantastic location nearest I-75 (north / south) and I-696 (east / west) intersection.
  • Currently fully leased.
  • Each tenant pays their rent timely; Such can be proven by rent deposits.
  • Motivated Seller
  • Property in Excellent Physical Condition

OVERVIEW

Motivated Seller (owner retiring) of fully leased, beautifully updated light industrial (10,137 sf) with 12 second floor offices (3,300 sf)recently updated with shared kitchen, 2 bathrooms, all new HVAC, each office has a window, new finishes such as LVP flooring, paint, ceramic tile, carpet, doors & trim. Consistent Income with good paying tenants in fabulous location essentially located at intersection of I-75 & I-696 expressways. Updated: 08-12-2024 Please see attached Marketing Package for more details.

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$175 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

R&D, Showroom, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water, Sewer, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.64

LAND SF

27,878

ZONING

M-1

APN/PARCEL ID

25-24-476-033

ASK ABOUT THIS PROPERTY

Mark LaFaveValue Realty, LLCMore Info
248-733-9700

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Mark LaFaveValue Realty, LLCMore Info
248-733-9700

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